News about Malaysia

KUALA LUMPUR (Jan 23): Perhaps it is high time for a paradigm shift where the absence of homeownership does not imply welfare deprivation, said managing director of CBRE|WTW Malaysia Foo Gee Jen.

KUALA LUMPUR (Jan 23): Malaysia’s 14th general election’s (GE14) outcome is unlikely to affect the execution of rail projects such as the Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR), said HSBC Bank Malaysia Bhd chief executive officer Mukhtar Hussain.

PUTRAJAYA (Jan 19): The two “Datuks” held by the Malaysian Anti-Corruption Commission (MACC) (pictured) to assist investigations into alleged corruption over the Penang undersea tunnel project were released on bail today, Bernama reported.

KUALA LUMPUR (Jan 19): MRCB-Quill Real Estate Investment Trust (MQREIT) net profit for the fourth quarter ended Dec 31, 2017 (4QFY17) slumped to RM3.

PETALING JAYA (Jan 19): Owners or operators of residential properties leasing them out for short-term stays on platforms such as AirBnB will have to register with Kuala Lumpur City Hall (DBKL), reported The Star.

Malaysian Resources Corp Bhd (Jan 18, RM1.

KUALA LUMPUR (Jan 17): Iskandar Malaysia’s high-rise homes market may have bottomed out as the fall in transacted values have slowed, while transacted volumes have grown substantially, said CBRE|WTW Johor.

KUALA LUMPUR (Jan 17): The Socio-Economic Research Centre (SERC) expects the  property market to perform better this year on the back of stronger economic indicators and consumer sentiment.

KUALA LUMPUR (Jan 17): Eversendai Corp Bhd, through its wholly-owned subsidiary Eversendai Engineering LLC Dubai (EVS DUBAI), has bagged two contracts worth RM272 million for the structural steel works for One Za'abeel mix-used development and the Address Tower Residence IL Primo luxury high end residential tower.

PETALING JAYA (Jan 15): The 10 winners of the 11th Malaysian Property Summit 2018 have been chosen, following a contest that ran from Dec 14, 2017 to Jan 11, 2018.