News by Chester Tay

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.

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.

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.

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.

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.

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.

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.

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

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.

Sees slowdown in property market persisting until 2018...