Bank Negara cuts OPR by 25bps for the first time since 2009
KUALA LUMPUR (July 13): Bank Negara Malaysia (BNM) has cut its key interest rate to 3% from 3.
M-REITs may be allowed to build own properties
MALAYSIAN real estate investment trusts (M-REITs) may soon be allowed to put as much as 15% of their total assets into development projects and vacant land for development and are already positioning themselves for the liberalisation that is slated for the end of the year, industry sources say.
LTKM buys land in KL for RM12.56 mil
KUALA LUMPUR (July 4): Poultry farming company LTKM Bhd is buying a one-acre freehold land here for RM12.
Gamuda’s 3Q net profit falls 4.8%, pays six sen dividend
KUALA LUMPUR (June 30): Gamuda Bhd’s net profit for the third quarter ended April 30, 2016 fell 4.
BCB scales down launches to bite-sized portions
KUALA LUMPUR (June 27): Little-known Johor Bahru-based property developer BCB Bhd, which has seen its earnings balloon near six times in the last four years, is scaling down its launches to bite-sized portions as headwinds continue to buffet the local property market.
Ensuring urbanisation is sustainable
AT certain intervals, the international community will come up with a brilliant policy, which if properly executed, can really make the world a better place.
Building a township around Xiamen University Malaysia
FOR Sunsuria Bhd, developing the freehold, 525-acre Sunsuria City in Salak Tinggi has been a journey of faith.
tansridatolimkanghooandcaizemin_pg-fb.jpg)
First phase of Bandar Malaysia to cost up to RM60 bil
KUALA LUMPUR (June 17): The first phase of the Bandar Malaysia project is expected to cost between RM50 billion and RM60 billion, said Iskandar Waterfront Holdings Bhd (IWH) executive vice-chairman Tan Sri Lim Kang Hoo (pictured).
Property market only expected to recover in 2018
PETALING JAYA: The property market is only expected to recover in 2018, Malaysian Property Summit Mid-Year Review 2016 committee member James Wong told TheEdgeProperty.
