KUALA LUMPUR: Property developers will be forced to raise prices of residential properties by as much as 20 per cent due to rising cost of building materials The Real Estate and Housing Developers' Association Malaysia (Rehda), however, does not think this will lead to a property glut. "In Malaysia, there are ... Read More

KUALA LUMPUR: More Malaysian developers are expected to invest abroad to diversify their source of earnings and avoid tough industry rules at home. "Increasing affluence would accelerate these outward investments," The Real Estate and Housing Developers' Association Malaysia (Rehda) president Datuk Seri Michael Yam Kong Choy said after Rehda's first ... Read More

SA65 signifies the 65 acres utilised in the development of this residential enclave within Simpang Ampat which is oriented towards the experience of ideal home living. The specially designed features of SA65 fulfills the true needs of every home. The emphasis is on what contributes towards making a residence what ... Read More

GEORGE TOWN: Prospective home owners and investors made a beeline for SP Setia Bhd Group's 'Setia 4U Showcase' featuring a vast range of its impressive developments at the Gurney Plaza here. It comprised both existing and upcoming projects in the northern, central and southern regions of the country, as well ... Read More

THE state government may reject applications by housing developers to pay premium in the event they could not build low medium-cost (LMC) and low-cost (LC) units. State Town and Country Planning, Housing and Arts Committee chairman Wong Hon Wai said the state might reject such applications if they were to ... Read More

GEORGE TOWN: A PKR assemblyman, alleging fraud in the allotment of low-medium cost units, wants assemblymen from Pakatan Rakyat to be involved in the selection process. Kebun Bunga assemblyman Jason Ong Khan Lee said this was because those who were not entitled were given approval by the State Housing Unit ... Read More

Bandar Raya Developments Bhd has residential property developments worth about RM6bil in recognisable gross development value (GDV) over the next three to five years, according to the group’s chief executive officer Datuk Jagan Sabapathy. The group is aiming to deliver property developments worth RM1bil in GDV every year, starting from ... Read More

KUALA LUMPUR: Mah Sing Group Bhd won big at the NST Property Awards last night.Group managing director/group chief executive Tan Sri Leong Hoy Kum was named Property Man of the Year and the group bagged the Best Lifestyle Developer award.Held for the second time, the NST Property Awards saw the ... Read More

EWEIN Berhad is buying Menara IJM Land for RM50mil from IJM Properties Sdn Bhd, a subsidiary of IJM Land Berhad. In its announcement to Bursa Malaysia yesterday, Ewein said the expected total gross income per annum from the renting of the units and car parks comprising Menara IJM Land was ... Read More

The Edge weekly reported that the Penang government is mulling over RM8 billion worth of projects to enhance connectivity within the state, apart from resolving its traffic woes. At the forefront is a third link that involves an underground tunnel from Gurney Drive to Bagan Ajam on the mainland. The ... Read More