Hektar REIT says plan to double assets value on track
KUALA LUMPUR (April 16): Hektar Real Estate Investment Trust's (Hektar REIT) plan to double its assets value to RM2.
Rehda: Biggest hurdle for property market is strict lending conditions by banks
PETALING JAYA (April 16): The Real Estate and Housing Developers’ Association (Rehda) said the strict conditions imposed by banks on home loan applicants is the biggest hurdle in the property market.
More than 17,000 homes to be sold at HOC-MAPEX 2019 for Klang Valley
PETALING JAYA (April 16): More than 17,000 residential units with a total value of more than RM146 million will be on sale at the Klang Valley Home Ownership Campaign - Malaysia Property Expo 2019 (HOC-MAPEX) at the end of this month.
Selangor working out 100% loan for state housing – Haniza
Ampang (April 16): Selangor Housing and Urban Living Committee chairman Haniza Talha disclosed they are discussing with a bank to work out a scheme to allow 100% loans for state housing projects, reported The Star today.
Boustead Plantations RM750 million land buy in Sabah
Falling crude oil prices aside, an RM750 million cash acquisition of 42 parcels of plantation land, a total of 11,579.
Prominent businessman and wife plead not guilty to maid abuse charge
KLANG (April 12): The former president of the Malaysian Associated Indian Chambers of Commerce and Industry and his wife claimed trial to three charges of exploitation and forced labour at the Sessions Court today.
EWI buys out Salcon in Australian property firm
KUALA LUMPUR (April 12): Eco World International Bhd is buying the remaining 20% it does not own in an Australian joint venture (JV) company with Salcon Bhd for A$4.
Singapore firm had offered 100% higher price for Boustead’s hotel, says minister
KUALA LUMPUR (April 10): The price offered by Singapore’s Hotel Royal Ltd to acquire the Royale Chulan Bukit Bintang Hotel is almost twice the price quoted by Malaysian companies, Defence Minister Mohamad Sabu said today.
Flammable building cladding - solution hits a snag in Australia
PETALING JAYA (April 10): The 2017 Grenfell fire literally exposed the lack of compliance to building safety standards, where flammable cladding has been identified as the cause of the rapid spread of the blaze.
