News about Malaysia

Axis Real Estate Investment Trust (Aug 5, RM1.

PETALING JAYA (Aug 5): The Malaysian Investment Development Authority (Mida) and Malaysian Green Technology Corp (GreenTech Malaysia) have teamed up to introduce investment tax allowance (ITA) for the purchase of green technology equipment or assets.

PETALING JAYA (Aug 4): S P Setia Bhd organised several gardening and landscaping events across the Klang Valley, Penang, Johor and Kota Kinabalu over the weekend to celebrate its outstanding performance at ILAM’s Malaysia Landscape Architecture Award 2015.

KUALA LUMPUR (Aug 4): The government, specifically the Deputy Minister of Finance 1 Datuk Othman Aziz, said yesterday that houses priced up to RM165,060 are considered affordable to a median Malaysian household.

KUALA LUMPUR (Aug 3): Malaysian houses priced up to RM165,060 each are "considered affordable" to the median Malaysian household, but only 21% of housing launches in the country were priced below RM250,000 in 2014.

KUALA LUMPUR (Aug 3): MRCB-Quill REIT’s (MQREIT) net property income (NPI) for the second quarter ended June 30, 2016 grew 5.

TRX City Sdn Bhd (formerly known as 1MDB Real Estate Sdn Bhd) saw a net profit of RM380.

KUALA LUMPUR (Aug 1): OSK Property Holdings Bhd has teamed up with the Ministry of Energy, Green Technology and Water’s GreenTech Malaysia Alliances Sdn Bhd and Kloth Lifestyle Sdn Bhd to produce its new company uniform using recycled plastic bottles, the developer said in a recent statement.

KUALA LUMPUR (July 27): KGV International Property Consultants (Johor) Sdn Bhd executive director Samuel Tan (pictured) urged investors to have a proper strategy to grasp good investments in the Johor property market, as it inches closer towards rock bottom.

KUALA LUMPUR (July 27): Escalating housing prices and the changing needs of young buyers have spurred interest in shoebox-sized apartments on Penang island, said Henry Butcher Malaysia (Penang) Sdn Bhd director Jason Teoh.