The proposed implementation of “international zones” for the purchase of residential property by foreigners in Johor is likely to dampen demand for luxury properties outside of them that are priced above RM1 million, real estate agents familiar with the Johor market tell The Edge Property.
LBS Bina Group Bhd (May 29, RM1.
KUALA LUMPUR (May 28): Hunza Properties Bhd, whose controlling shareholder has expressed interest in taking it private, recorded a huge leap in its net profit for the third quarter ended March (3QFY15).
JOHOR BARU (May 26) The main developer of Iskandar Malaysia, UEM Sunrise Bhd, has abandoned its plans to build the Asian Trade Centre, one of the major projects for the region, the Straits Times reported today.
KUALA LUMPUR (May 25): Tiong Nam Logistics Holdings Bhd saw its net profit rise 20.
KUALA LUMPUR (May 25): Eastern & Oriental Bhd’s net profit for its fourth quarter of its 2015 financial year has doubled to RM100.
KUALA LUMPUR (May 25): WCT Holdings Bhd’s net profit declined 17% to RM33.
KUALA LUMPUR (May 25): The Association of Banks in Malaysia (ABM), which represents 27 commercial banks operating in the country, said it is "not true" there are now tougher credit checks on potential home buyers.
KUALA LUMPUR: Property developer Mulpha Land Bhd plans to undertake a private placement of up to 10% of its issued share capital to finance a land acquisition, repay borrowings and as its working capital.
KUALA LUMPUR (May 13): Kimlun Corp Bhd is acquiring land in Kota Tinggi, Johor for RM28.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
