EcoWorld's Eco Business Park 1 wins at Malaysia Property Award 2017
PETALING JAYA (Nov 25): Eco Business Park 1 (EBP 1) by Eco World Development Group Bhd (EcoWorld) won in the industrial category at the Malaysia Property Award 2017 tonight.
PEPS: Property overhang caused by lack of information
PETALING JAYA (Nov 24): The major issue that has led to the current property overhang levels across the residential and commercial sectors boiled down to a lack of data, said the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS).
Noh Omar: Old densely-populated housing areas to be redeveloped
PETALING JAYA (Nov 24): The Ministry of Urban Wellbeing, Housing and Local Government plan to redevelop old densely-populated housing areas which are seen as no longer suitable for current needs, said its minister Tan Sri Noh Omar.
Genting 3Q earnings dragged by impairment and expenses
KUALA LUMPUR (Nov 24): Genting Bhd’s earnings for the third financial quarter ended Sep 30, 2017 (3QFY17) went down 66.
Gabungan AQRS 3Q net profit surges 83%, declares two sen dividend
KUALA LUMPUR (Nov 23): Gabungan AQRS Bhd reported an 83% surge in net profit to RM9.
YTL Hospitality 1Q NPI rises 16% on higher revenue
KUALA LUMPUR (Nov 22): YTL Hospitality REIT’s net property income (NPI) rose 16.
Housing ministry ready to look into property glut
PETALING JAYA (Nov 21): The Urban Wellbeing, Housing and Local Government Ministry is ready to look into the issue of excessive property stock, especially unsold residential units, with various parties to resolve the problem.
Suncon 3Q net profit up 11% on construction segment boost
KUALA LUMPUR (Nov 20): Sunway Construction Group Bhd (SunCon), the country's largest pure-play construction group, saw its net profit rise 11.
Eligible house loan applicants will not be rejected, says Association of Banks in Malaysia
KUALA LUMPUR (Nov 20): The Association of Banks in Malaysia (ABM) has reiterated that its member banks “have been and will continue to” provide home loans to all eligible borrowers, said the association in a statement issued today to rebut claims that commercial banks are imposing strict rules on home loan applicants.
Lack of clarity an issue in development freeze directive
PETALING JAYA (Nov 20): There is still a lot of ambiguity in the new ruling to freeze approvals for four types of developments in Kuala Lumpur, said Zerin Properties CEO Previndran Singhe.
