Just In: Sony PS4 passes 50 million mark
Sony Interactive Entertainment recently passed the 50 million mark for the PlayStation 4 (PS4) consoles sold since the gaming console was officially made available in November 2013.
Challenges abound in cross-border property transactions
Every country has its own set of challenges but among the main hurdles faced by investors, including Malaysians, when it comes to investing in properties overseas are financing and legal issues. This was raised during a forum at the recent two-day Malaysian Annual Real Estate Convention 2017 (MAREC‘17), organised by the Malaysian Institute of Estate Agents (MIEA) on March 3 and 4.
Bandar Malaysia land included in merger exercise, says IWH
Iskandar Waterfront Holdings Sdn Bhd (IWH) says its Bandar Malaysia land is also included in the corporate exercise announced yesterday which involves the group merging with Iskandar Waterfront City Bhd (IWC).
CMS units still major beneficiaries of Pan Borneo Highway Sarawak job
Cahya Mata Sarawak Bhd’s (CMS) cement and construction materials divisions remain major beneficiaries of the Pan Borneo Sarawak Highway and would support earnings into 2017 with physical works expected to accelerate in the second half of 2017.
‘Sultan of Johor and Lim to sell land to merged IWH’
Iskandar Waterfront City Bhd (IWC) announced a proposed merger with its major shareholder Iskandar Waterfront Holdings Bhd (IWH) through a one-for-one share swap exercise in which IWH would take over the listing status upon completion.
Asia’s ultra-rich favour homes in UK and Singapore, says Knight Frank
Singapore is the second-most important destination in the world for Asian ultra-high-net-worth individuals (UHNWIs) when it comes to real estate investments, according to the latest edition of Knight Frank’s Wealth Report 2017, released on March 1. The UK remains the top destination, followed by Singapore, Hong Kong, China and the US.
LBS Bina, YPJ Plantations to develop RM2.6b township in Johor
LBS Bina Group Bhd has teamed up with YPJ Plantations Sdn Bhd to jointly develop a mixed township in Kota Tinggi, Johor, with an estimated gross development value (GDV) of RM2.6 billion.
CIDB’s building info modelling centre to start ops in May
The Construction Industry Development Board (CIDB) expects its RM2.5 million MyBIM Centre to commence operations in May this year.
Rejection rate for housing loans is as high as 60%, says Rehda
The rejection rate for housing loans is as high as 60%, causing property sales to remain sluggish, says the Real Estate and Housing Developers' Association (Rehda).
First 2017 job win will increase HSL’s order book by 16%
Hock Seng Lee Bhd (HSL) has been awarded Package A of the Centralised Wastewater Management System for Miri City (Phase 1) worth RM333 million.
