News about US

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KUALA LUMPUR (March 15): Real Estate and Housing Developers’ Association (Rehda) deputy president Datuk N K Tong said the latest survey conducted by the association showed that some developers expect housing prices to rise on the back of anticipation of increased construction costs.

PETALING JAYA (March 15): Malaysian property developers are more optimistic about 2H22 compared to 1H22 in terms of business and economic outlook, according to Real Estate and Housing Developers’ Association Malaysia (Rehda).

KUALA LUMPUR (March 15): Property sales in the country rose 16.

KUALA LUMPUR (March 14): AmInvestment Bank Research (AmResearch) on Monday maintained its "buy" call on Sunway Real Estate Investment Trust (Sunway REIT) as the local research house foresees the reopening of borders on April 1 will boost the group’s retail and hotel segments as international trade and travel resume.

KUALA LUMPUR (March 11): TAFI Industries Bhd has disposed of a single-storey detached factory located in Muar, Johor for a cash consideration of RM9 million.

KUALA LUMPUR (March 10): The Langkasuka project in Langkawi will kick start in the second quarter of 2022.

The government’s assurance that it would not rush into introducing the proposed Residential Tenancy Act (RTA) is wise, given the growing public disquiet.

PETALING JAYA (March 2): The Real Estate and Housing Developers’ Association Malaysia (Rehda) is cognisant of the Residential Tenancy Act (RTA) proposed by the Ministry of Housing and Local Government (KPKT), which recently went through a month-long consultancy period with affected stakeholders.

KUALA LUMPUR (March 2): Plastic parts and metal parts manufacturer Luster Industries Bhd has proposed to buy a 9,554 sq m freehold land in Ara Damansara from the Sime Darby group for RM35 million.