MRT Corp planning for third Klang Valley MRT line
MRT Corp is planning to build the third Klang Valley MRT Line that will slash travel time within the apital
Only developers with strong balance sheets can undertake financing scheme, says RAM
RAM Rating Services does not expect the property sector to be significantly lifted by the move to allow eligible developers to apply for a moneylender's licence to provide loan facilities to house buyers...
Matrix Concepts sells RM10.4 mil properties in related party transfer transactions
Matrix Concepts Holdings Bhd's wholly-owned unit Matrix Concepts Sdn Bhd (MCSB) is selling four double-storey properties in Negeri Sembilan in a related party transfer for RM10.4 million.
Henry Butcher: Penang sees drop in tourist arrivals, consumer spending
Despite the drop in tourist arrivals in 2015, Penang’s hotel segment continues to be healthy where hotels in the state reported an occupancy rate of up to 85% during peak season, according to Henry Butcher Malaysia (Penang) Sdn Bhd...
Govt initiative may see sales of property increase slightly
We believe that property developers will be very selective in applying the new scheme to their products as the cash flow from repayment periods exceeding 10 years is slower than the current period of between three and five years.
Poh Huat upbeat about positive US housing data
Plans to expand distribution network to Australia, Europe
Selangor’s new policy a challenge to private developers
Property developers have hit back at the Selangor government for amending policies and imposing surcharges that would increase their costs of business…
Setia Alam’s De Palma affordable apartment open day attracts 2,000
S P Setia Bhd saw an overwhelming crowd of 2,000 potential purchasers queuing up for the developer’s De Palma affordable apartment under the Rumah Selangorku programme at its open day last weekend, where only 200 units were available for sale.
Lending by developers to have minimal impact
Property developers will be selective in applying new scheme to their products, says analyst
PNB faces potential delay amid KL118 setback
Attributed to possible problems with foundation works — sources
