IOI Properties’ high gearing may swell with Shenton House project; shares down though analysts stay bullish
TA Securities and Hong Leong Investment Bank (HLIB) said the net gearing of IOI Properties would substantially rise to 0.
IOI Properties receives proposal from CEO to jointly develop Shenton House in Singapore
Shenton House covers 3,377 sq m and is designated for commercial use with a gross plot ratio (GPR) of 11.
WCT gets PLUS expressway lane expansion contract worth RM250 mil
The contract, awarded by Projek Lebuhraya Usahasama Bhd, involves the construction of the additional lanes on the stretch from Yong Peng (North) to Senai (North) in Johor, said WCT.
Airbnb launches responsible hosting guideline for short-term rentals in Malaysia
The guide provides strata hosts, property managers, joint management bodies (JMB), management corporations (MC) and developers with a toolkit of resources to conduct short-term rentals responsibly in their apartment buildings and condominiums.
DONE DEAL: Terrace house, Taman Puncak Jalil, Selangor
DONE DEAL: Terrace house, Bukit Jelutong, Selangor DONE DEAL: Semidee, Damansara Perdana, Selangor Average transacted prices for landed residential properties in Seri Kembangan have decreased by 7.
Urban Redevelopment Act forum: Don’t wage war between ‘sell’ and ‘stay’ homeowners
Zamirzan also said that the URA will consider redevelopments for sick and abandoned projects, where homebuyers only have the sale and purchase agreements but not their strata titles.
PR1MA Corp Malaysia breaks ground for its first township development in Teluk Intan
Spread across a 140-acre tract, Bandar PR1MA Teluk Intan will comprise 1,500 landed residential units, commercial lots, a central park and several amenities for the community including a multi-purpose hall, a mosque, a kindergarten and a daycare centre.
Seri Pajam Development collabs with CIMB to provide financial solutions for SPD Tech Valley Industrial Park
CIMB will offer specialised financial products designed to facilitate efficient industrial activities, including offering bespoke financial solutions for the requirements of industrial investors, providing expert financial advisory services, supporting sustainable financing initiatives and providing tailored financing options to support initial setup and ongoing expansion of industrial operations within SPD Tech Valley.
DONE DEAL: Terrace house, Bukit Jelutong, Selangor
DONE DEAL: Condo, Verticas Residensi, Bukit Ceylon, Kuala Lumpur DONE DEAL: Terraced house, Taman Desa Melati, Seremban, Negeri Sembilan Bordered by one of Shah Alam’s largest green lungs, average transaction prices for landed residential properties in Bukit Jelutong, Shah Alam, have strangely seen a 13.
TAFI Industries unit disposes of Muar property for RM12 mil
TAFI said its TAFPSB has entered into a sale and purchase agreement with Comfy Factor Sdn Bhd & NNST Capital Sdn Bhd for the disposal, which will realise a gain after Real Property Gains Tax (RPGT) of some RM8.
