Rejection rate for housing loans is as high as 60%, says Rehda
The rejection rate for housing loans is as high as 60%, causing property sales to remain sluggish, says the Real Estate and Housing Developers' Association (Rehda).
First 2017 job win will increase HSL’s order book by 16%
Hock Seng Lee Bhd (HSL) has been awarded Package A of the Centralised Wastewater Management System for Miri City (Phase 1) worth RM333 million.
Lakefront living in Jurong
The picturesque Jurong Lake area is turning into the residential area of choice for those staying in the western part of Singapore. Not only do the residents of the condominiums surrounding Jurong Lake enjoy a scenic view, the serene neighbourhood also provides them with respite from the hustle and bustle of city life.
HSL good proxy for booming construction sector in Sabah, Sarawak
The Sewerage Services Department Sarawak has awarded Hock Seng Lee Bhd (HSL) a RM333 million Centralised Wastewater Management System for Miri City (Phase 1A) contract which has been earmarked under the 10th Malaysia Plan.
KKB Engineering bags RM100.7m worth of jobs
KKB Engineering Bhd has bagged two contracts worth RM100.7 million, which will help boost its earnings for the financial year ending Dec 31, 2018 (FY18).
IWH to merge with IWC — sources
Tan Sri Lim Kang Hoo, the property tycoon who has been in the news since he bought into 1Malaysia Development Bhd’s Bandar Malaysia project, is said to have shelved plans to list his flagship Iskandar Waterfront Holdings Sdn Bhd (IWH).
Perennial may appeal against dismissal of winding-up applications
The high court has dismissed the winding-up applications for three of Perennial Real Estate Holdings’ associated joint venture (JV) companies, namely: Capitol Investment Holdings, Capitol Retail Management and Capitol Hotel Management.
Mah Sing issuing RM1b perpetual securities
Mah Sing Group Bhd will issue up to RM1 billion worth of perpetual securities or bonds to finance the property developer's land acquisitions and working capital requirement.
UMLand inks MoU with Chong Wei Binajaya to develop Lee Chong Wei International Sports City
United Malayan Land Bhd (UMLand), via its wholly-owned subsidiary Seri Alam Properties Sdn Bhd, has inked a memorandum of understanding (MoU) with Chong Wei Binajaya Sdn Bhd to develop part of the proposed Lee Chong Wei International Sports City.
Titijaya looks to tourism pickup in Sabah to boost growth
Titijaya Land Bhd, which is making its debut venture in Sabah via an RM575 million waterfront mixed development in Kota Kinabalu with a Chinese partner, aims to capitalise on tourism and recreational activities in the state to fuel demand for its projects.
