News List

SP Setia Confident To Exceed Sales Target Of RM5.5 Billion This Year

KUALA LUMPUR, Aug 26 (Bernama) -- Proper developer, SP Setia Bhd, is confident of exceeding its sales target of RM5.5 billion in new property sales for financial year ending Oct 31, 2013.

Policy To Curb Construction Of Luxury Homes Receives Positive Reaction

MELAKA, Aug 23 (Bernama) -- The Melaka government's policy in restricting construction of luxury homes, costing RM500,000 and above, received positive reaction from the people.

House Price Reduction, Control In Budget 2014

PUTRAJAYA, Aug 22 (Bernama) -- Reduction and control in house price are expected to figure prominently in the Budget 2014 to be tabled in October.

Survey Shows First Time Home Buyers Concerned About Affordability And Rising House Prices

KUALA LUMPUR, Aug 22 (Bernama) -- Rising house prices has fanned concerns among first time home buyers who are worried they would not be able to own a property, according to the findings of a survey conducted by iProperty.com.

KLCC Property Q2 Pre-tax Profit Rises To RM220.75 Million

KUALA LUMPUR, Aug 21 (Bernama) -- KLCC Property Holdings Bhd's (KLCCP) pre-tax profit for the second quarter ended June 30, 2013 rose to RM220.75 million from RM184.45 million in the same quarter last year.

Sabah Property Developers Expect Thriving Market

By Nur Adika Bujang

KOTA KINABALU, Aug 21 (Bernama) -- Property developers in Sabah expect a thriving market largely as a result of an increase in demand.

Selangor Dredging To Launch Three Developments Worth RM750 Million

KUALA LUMPUR, Aug 21 (Bernama) -- Selangor Dredging Bhd (SDB) will launch three more property developments in Selangor in the current financial year with a collective gross development value (GDV) of RM750 million.

LBS Bina Declares Special Dividend Of Eight Sen Per Share

KUALA LUMPUR, Aug 20 (Bernama) -- Property developer, LBS Bina Group Bhd, today declared a tax exempt special dividend of eight sen per ordinary share for the first payment of cash proceeds received from the disposal of its China assets.

Country Garden Danga Bay Condos Receive Overwhelming Response

By Mohd Haikal Mohd Isa

JOHOR BAHARU, Aug 20 (Bernama) -- The condominium units at the Country Garden Danga Bay property project, developed by one China's top property developers, Country Garden Holdings Ltd, has received an overwhelming response.

Affordability Remains Major Concern For Property Buyers In Asia: iProperty

By Tengku Noor Shamsiah Tengku Abdullah

SINGAPORE, Aug 20 (Bernama) -- An online cross-market property survey by iProperty Group, owner and operator of Asia's No.1 network of property websites, revealed that consumers in Malaysia, Indonesia, Hong Kong, and Singapore continue to view affordability as the major concern, despite the various cooling off measures introduced by the governments in the region.

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