Residential prices in the Klang Valley rise but at a slower pace
THE Klang Valley residential market saw price growth in 3Q2015, albeit at a slower pace, as homebuyers remained cautious about the current economic and political situation.
M101 on track to launch 10 projects worth RM4 bil by 2020
PETALING JAYA (Jan 22): M101 Holdings Sdn Bhd is forging ahead with its plans to launch 10 projects worth RM4 billion by 2020, according to Datuk Chua Eng Pu (pictured), founder and executive director of the company.
PR1MA housing project to start soon in Seremban
SEREMBAN (Jan 21): The Perumahan Rakyat 1Malaysia (PR1MA) housing project will begin soon at Seremban Sentral.
Felda and Encorp ink deal to develop township in Melaka
KUALA LUMPUR (Jan 20): The Federal Land Development Authority (Felda) and Encorp Bhd today entered into a Memorandum of Agreement (MoA) to develop an integrated township in Melaka with a gross development value of RM3.
Axis REIT’s earnings crimped by higher expenses
Axis Real Estate Investment Trust (Jan 19, RM1.
Yong Tai aborts plans for RM168m condo project
KUALA LUMPUR (Jan 20): Yong Tai Bhd has aborted plans to develop a luxury serviced apartment project in Jalan U-Thant here, which carries a gross development value of RM168 million, via a joint venture (JV).
Time for bargains in the Golden Triangle?
CENTRAL CITY Kuala Lumpur, more popularly known as the Golden Triangle, is no stranger to locals and tourists.
MREITs may acquire more assets this year
MALAYSIAN real estate investment trusts (MREITs) may step up acquisitions this year as the rental reversion cycle peaked in 2014, which helps with asset valuations said Malaysian REIT Managers Association chairman Datuk Stewart LaBrooy (pictured).
Housing ministry expects budget cuts
KUALA LUMPUR (Jan 14): The Urban Wellbeing, Housing and Local Government Minister Datuk Abdul Rahman Dahlan has warned that his ministry would most likely to be affected by the impending cut in Budget 2016.
