We believe the relaxation of the 1Malaysia People’s Housing Programme (PR1MA) housing policies would have a negative impact on Hua Yang Bhd.

WCT Holdings Bhd has proposed to place out up to 10% of its existing issued and paid-up share capital, or approximately 125 million shares.

Interestingly, Johor’s residential transaction volume has not decreased as much as Kuala Lumpur’s and Selangor’s, noted TheEdgeProperty.com Malaysia product and business development director Alvin Ong during his presentation on the Johor housing market at TheEdgeProperty.com “lou sang” networking dinner with property industry players in Johor.

The company is confident that it will achieve the 2017 target as it plans for 13 new launches (comprising mostly mass-market housing), with a combined gross development value (GDV) of RM2.35 billion this year.

At 1 Keong Saik Road, the entrance to The Working Capitol coworking space is from the café on the first level. The café is a joint venture between The Working ­Capitol and the hospitality company Lo & Behold Group.

Coworking in Singapore has evolved in the past year and is transcending all commercial real estate space. One of the largest real estate players to weigh in on the trend is Singapore’s CapitaLand. “Many property developers entering this space think they can start their own coworking site,” says president and group CEO Lim Ming Yan. “It’s going to take a long time. That’s why we would rather work with someone who’s the best in the industry.”

Malaysia Building Society Bhd’s share price may consolidate after a strong price action.

As one travels from Kuala Lumpur to Puncak Alam, Ijok, the high-rise buildings of the city slowly give way to small, village-like houses and rows of oil palm trees.

This year will see acquisitions and mergers for some developers in Malaysia. This is based on observations I have made on the housing industry in three Asean markets in the past 12 months.

The award of major work packages for mass rapid transit Line 2 worth over RM26 billion and the RM16.5 billion Pan Borneo Highway (PBH) Sarawak spurred infrastructure contract awards in 2017.