Kerjaya targets RM800 mil job wins this year
Kerjaya’s property arm’s Vista Genting, with a gross development value of RM300 million that was launched in early 2016, has achieved a healthy 60% take-up rate.
In Depth
Proposed Stamp Act changes cause a stir
Some proposed amendments to the Stamp Act 1949, which seek to impose stricter requirements on the stamping of contracts, have caused a stir among property developers who worry that the amendments will push up their cost of doing business.
Minimum property purchase prices for foreign buyers
Malaysia, with its improving infrastructure, average cost of living, diverse cultures and almost natural disaster-free environment, has attracted many foreigners to live here.
Astrology Predictions for the Year of the Fire Rooster
There are 12 Chinese Zodiac animal signs in total but the Rooster takes centre stage this coming February of 2017. No matter how different these animals are in physical appearance, when a Lunar New Year takes place, all have a renewed fervour to have a fresh start and endeavour for the best outcomes in areas of health, wealth, relationships and career. There’s just something about the New Year that encourages change, be it big or small.
Hey, Big Spender
When it comes to Malaysia’s real estate, there are several pull factors that attract Chinese property buyers.
Potential disposal of mature office assets could be catalysts for Axis REIT
Key risks include oversupply of new office/industrial spaces; higher debt refinancing rates; rebound in business confidence.
Further competition ahead for Hua Yang
We believe the relaxation of the 1Malaysia People’s Housing Programme (PR1MA) housing policies would have a negative impact on Hua Yang Bhd.
WCT’s placement a dilutive exercise
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.
Johor market is tougher than you think
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.
LBS targets RM1.5 bil sales for 2017
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.
