Mixed reaction to restriction of RM300,000 homes to first-time buyers
Will the new policy address the problem of affordability for first-time homebuyers? The reaction from analysts and real estate agents has been mixed.
Waiting for cheer from GuocoLand’s divestments
GuocoLand Malaysia has entered into agreements to sell four assets — DC Tower Sdn Bhd, certain offices and car parks at Menara Pandan, a 679.2ha tract in Sepang and a 2,917 sq m parcel in Jalan Changkat Kia Peng, in Kuala Lumpur.
United Malayan Land to launch Johor's first halal biotech park
UMLand has also applied for the halal park to be HALMAS-certified by Halal Industry Development Corp (HDC).
Guangdong-based company to invest in Plaza Rakyat
According to Tan Sri Abdul Samad Alias, a major shareholder of Profit Consortium Sdn Bhd — the developer of Plaza Rakyat — Guangdong Debao will acquire equity in Profit Consortium, but the stake is still being worked out.
Two major property players expanding landbank
The slowdown in the real estate market does not seem to have deterred property-related companies from buying more land. This could be due to the belief that as land is scarce, they should move fast if an opportunity arises.
