E-commerce set to impact property market
KUALA LUMPUR (April 9): E-commerce businesses are impacting the property market, especially the office and warehouse sectors.
HCK Capital's unit enters JV for Sarawak apartment project
KUALA LUMPUR (April 8): HCK Capital Group Bhd said its indirect 70%-owned unit HCK Premier Builders Sdn Bhd (HPBSB) has entered into a joint venture (JV) development agreement with Daya Builders Sdn Bhd for the development of apartment units in Kuching, Sarawak.
Best Western Hotels & Resorts expands in Thailand
BANGKOK (April 8): Best Western Hotels & Resorts signed its largest ever multi-hotel agreement with real estate developer AD Houses Co Ltd, which will lead to the opening of four Best Western Plus hotels in Thailand this year.
UK and Australian academics to present papers at IRERS
PETALING JAYA (April 8): The International Real Estate Research Symposium 2016 (IRERS) organised by The National Institute of Valuation (INSPEN) will see several eminent professors from the UK and Australia presenting papers based on the theme of this year’s symposium – Leading the Way: Innovation in Real Estate.
‘Mortgage rejection rates not as high as 50%’
KUALA LUMPUR (April 8): Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias (pictured), who is also chairman of the Association of Banks Malaysia (ABM), refuted claims that the rejection rate of housing loans has soared above 50% among the banks.
Seri Pajam’s Nusa 15 enjoys 60% take-up rate
PETALING JAYA (April 7): Seri Pajam Development Sdn Bhd’s Nusa 15 1-storey terraced houses have been 60% taken up within a few days of their launch, said director Tey Soo Leng.
The vanguard of green cities in Malaysia
FIVE years into the launch of the Low Carbon Cities Framework (LCCF) in Malaysia, we are starting to see some progress.
Imbalanced property market may have negative repercussions – Part 3: Retail segment
AN undersupply of affordable housing, particularly in major urban areas, coupled with an oversupply of office and retail spaces, may lead to deeper imbalances in the property market, says Bank Negara Malaysia in its 2015 annual report, which was released recently.
Y Cantonments town villas priced from RM2.28 million
PETALING JAYA (April 6): The Yeangs Sdn Bhd has introduced its 20-unit Y Cantonments four-storey town villas development for retirees and bigger families who are looking for properties on Penang island, with selling prices from RM2.
Federal government willing to give input on RM27b Penang Transport Master Plan
GEORGE TOWN (April 6): The Federal Government is willing to provide input on the RM27 billion Penang Transport Master Plan (PTMP), according to Works Minister Datuk Seri Fadillah Yusof (pictured).
