Sime’s Saizen REIT buy is back on track
KUALA LUMPUR (Oct 11): Sime Darby Bhd’s plans to acquire a majority stake in Singapore-based Saizen Real Estate Investment Trust (REIT) through a reverse takeover is back on track.
Parkwood to launch Avant Industrial Park
KUALA LUMPUR (Oct 10): Parkwood Developments Sdn Bhd, the property arm of steel pipe maker Amalgamated Industrial Steel Bhd (AISB), is offering early bird packages to buyers of its maiden property project called Avant Industrial Park in Shah Alam, Selangor.
Penang government mulls measures against abusers of affordable housing scheme
GEORGE TOWN (Oct 7): The Penang government is still awaiting a final opinion from its legal advisor's office pertaining to measures to be taken against those who abused the affordable housing system, Bernama reported today.
MIPPM to organise its first property management conference in Malaysia
KUALA LUMPUR (Oct 6): The Malaysian Institute of Professional Property Managers (MIPPM) is organising its inaugural conference entitled "Towards 1st Class Property Management" on Oct 19.
Magnibiz developing first condo project in Kampar
LAST year, construction firm Magnibiz Sdn Bhd ventured into property development with the launch of its maiden project, Kampar Lake Campus Condominium or KLCC Kampar, in Kampar New Town.
AllianceDBS: No significant impact from potentially higher EPF withdrawal for homebuyers
KUALA LUMPUR (Oct 5): Potentially higher Employees Provident Fund (EPF) withdrawal for homebuyers will not see significant impact on the property sector given that there are already various financing schemes from the government to address the challenge of homebuyers in purchasing their first homes, according to AllianceDBS research.
Sime Darby's plan to acquire Saizen REIT via RTO may have fallen through
KUALA LUMPUR (Oct 4): Sime Darby Bhd's plan to acquire a majority stake in Saizen Real Estate Investment Trust (Saizen REIT) through a reverse takeover (RTO) appears to have fallen through.
Al-Salam REIT a diversified syariah-compliant REIT
Al-Salam Real Estate Investment Trust Sept 30 (RM1.
Magnibiz to launch Block 3 of KLCC Kampar by 1Q2017
PETALING JAYA (Oct 1): Magnibiz Development Sdn Bhd, the property development arm of construction firm Magnibiz Sdn Bhd, plans to launch Block 3 of its Kampar Lake Campus Condominium or KLCC, located in Kampar New Town by 1Q2017, once sales of both Blocks 2 and 3 hit 80%.
Budget 2017: Sunway hopes for tax relief on housing loan interest
PETALING JAYA (Sept 30): Sunway Property has expressed hopes that the government can continue with policies that encourage property purchase and ownership in its Budget 2017 proposals.
