News by theedgemarkets.com

Au was the founding managing director (MD) and editor-in-chief of The Edge Property Sdn Bhd, which owns the EdgeProp.my (previously known as TheEdgeProperty.com) weekly publication and www.EdgeProp.my — Malaysia's most relevant and empowering property portal.

According to a press statement, the three business lines of CBRE|WTW will be renamed as CBRE WTW Valuation & Advisory Sdn Bhd (formerly known as C H Williams Talhar & Wong Sdn Bhd), CBRE WTW Real Estate Sdn Bhd (formerly known as WTW Real Estate Sdn Bhd), and CBRE WTW Property Services Sdn Bhd (formerly known as WTW Property Services Sdn Bhd).

In a Bursa Malaysia filing, the group said the freehold land, measuring 11,744 sqm, was acquired in June 2011 for RM5.85 million

Under the JV, Europlus is entitled to get RM62.11 million in return for granting JMSB the exclusive right to build homes on the plots — comprising 411 units of double-storey terrace houses on one of the plots (Land 1 measuring 11.3ha), and 710 units of double-storey terrace houses on the other plot (Land 2, measuring 20ha).

In a statement, UOB said the issuance is the third tranche of EXSIM’s RM2 billion Sukuk Musharakah Programme that monetises future earnings of the developer’s green residential development in the Klang Valley.

In a filing with the bourse, PMB said SOGDC — a company owned by the state of Sabah — owns and manages SOGIP, which is in the process of being developed into an industrial park dedicated for oil and gas (O&G) activities

Both parties agree to establish linkage and co-operation to maximise the utilisation of their resources through mutual cooperation and sharing of expertise in education, training and promotion to raise the profile and recognition of professional management in construction and projects for the benefit of the industry, its clients and society at large.

A total of 180,702 units remained unsold in the third quarter of 2021, compared with 181,463 in the second quarter, BNM noted in its Financial Stability Review for the second half of 2021.

In its Financial Stability Review for the second half of 2021 report published on Wednesday (March 30), the central bank said on an annual basis, the growth in housing loans taken by owner-occupiers continued to outstrip that by household investors. 

Organised by FIABCI Malaysia, the Malaysia Property Awards 2021 award presentation ceremony cum gala dinner was graced by Penang’s eighth Yang di-Pertua Negeri Tun Datuk Seri Utama Ahmad Fuzi Abdul Razak and his wife Toh Puan Datuk Seri Utama Khadijah Mohd Nor.