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News by Chester Tay

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OPR cut alone not enough to revive property sales, says TA Securities

14 July, 2016

In view of the challenging macro environment, consumers may prefer to hold more financial buffers for living expenses and to protect themselves against rising costs and unexpected adverse events.

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news

Selangor seeks BNM’s help to boost home ownership

20 July, 2016

Selangor Menteri Besar Datuk Seri Azmin Ali has urged Bank Negara Malaysia (BNM) to look at measures to help potential first-time homebuyers acquire properties to increase home ownership.

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news

Gamuda builds RM63m international school in its township

21 July, 2016

Gamuda Land Sdn Bhd, the property development arm of Gamuda Bhd, is investing RM63 million to build an international school campus at its Jade Hills township in Kajang, Selangor.

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news

Yong Tai warrant holders approve Sino Haijing’s capital injection

21 July, 2016

Yong Tai, in a statement, said 100% of casted votes were in favour of the new issuance of ICPS to facilitate the capital participation of Hong Kong-listed Sino Haijing Holdings Ltd into Yong Tai, as well as to reward the existing shareholders of Yong Tai via a bonus issue.

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news

Tatt Giap sells Shah Alam property to Tan Chong's subsidiary for RM15.5 mil

28 July, 2016

In its filing with Bursa Malaysia today, Tatt Giap said its wholly-owned subsidiary Tatt Giap Hardware Sdn Bhd had entered into a sale and purchase agreement with Tan Chong Ekspres to dispose of the property.

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news

Has Ewein’s RM800m City of Dreams hit a snag?

01 August, 2016

A stay order imposed by the Penang Appeals Board (PAB) on the execution of the planning permission for Ewein Bhd’s maiden property development venture remains after one year.

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news

JB City Council to relocate HQ to Astaka's One Bukit Senyum project

03 August, 2016

MBJB said it has signed a non-binding memorandum of understanding (MoU) with Astaka's 99.99%-owned subsidiary Astaka Padu Sdn Bhd, whereby Astaka will construct, develop and sell to MBJB a 14-storey Grade A office tower, Menara MBJB.

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news

Genting 'interested' in Toronto casino project, says report

22 August, 2016

New York Post, quoting sources, reported that other bidders included Caesars Entertainment.

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news

KLGCC Resort rebranded as ALYA Kuala Lumpur

23 August, 2016

Sime Darby Property managing director Datuk Jauhari Hamidi said spanning a total of 360 acres, ALYA Kuala Lumpur has a total gross development value of over RM8 billion.

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news

Global Oriental more cautious about new launches

25 August, 2016

Sees slowdown in property market persisting until 2018...

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