Knight Frank: Malaysia’s residential market expected to soften further
PETALING JAYA (Dec 20): Malaysia’s residential market is expected to continue to soften, said global property consultancy Knight Frank in its Global House Price Index for 3Q17.
Mara sells Melbourne property to fund manager for RM117.37m
KUALA LUMPUR (Dec 20): Majlis Amanah Rakyat (Mara) has sold a strata office property in the commercial business district of Melbourne to specialist property fund manager Placer Property Ltd for A$37.
Le Meridien owner buys Hilton KL for RM497m
KUALA LUMPUR (Dec 19): Japanese billionaire Katsumi Tada has sold his prized premium-class Hilton Kuala Lumpur Hotel (Hilton KL) in Kuala Lumpur Sentral (KL Sentral) here for ¥13.
Rapid rise in house prices since 2008 could cause future instability, says World Bank
PETALING JAYA (Dec 19): The rapid rise of Malaysia’s real housing prices since 2008 could be a source of future instability, the World Bank said in a recent report.
National Housing Policy 2.0 in final phase
PETALING JAYA (Dec 13): The National Housing Policy (DRN) 2.
Hong Kong homebuyers to face worsening affordability crisis
KUALA LUMPUR (Dec 12): If you think Malaysian aspiring first-time homebuyers have it bad, spare a thought for Hong Kong folk.
SkyWorld says established first RM1b sukuk
KUALA LUMPUR (Dec 11): SkyWorld Development Group has established its first RM1 billion Islamic bond or sukuk scheme to finance the property developer's projects.
Zecon back to steady growth path after recent setbacks
KUALA LUMPUR (Dec 11): Zecon Bhd has suffered several setbacks recently, but its chief executive officer Syed Mohd Muzakir Syed Hussin Al-Jofre believes that’s all behind now.
I&P to launch its first condominium in Alam Damai
KUALA LUMPUR (Dec 7): I&P Group Sdn Bhd, now a member of S P Setia Bhd, will be launching the first condominium block at Cemara Damai Residence in Alam Damai, Cheras on Dec 16.
