Tengku Abdullah Sultan Ahmad Shah has proposed to privatise Tanah Makmur via a selective capital reduction and repayment exercise.
the rising housing prices in Malaysia has not only been driven by the market, but high premium on land purchases — which are set by the respective state governments — is also a major factor...
The land is located within the Marina Bay area which is Singapore’s premier financial and business district, and is prominently located opposite Lau Pa Sat (also known as Telok Ayer Market).
IOI Properties Group Bhd, which has won a bidding war over a sought-after prime land parcel in Singapore, said it will leverage on the strong demand for prime office space in the republic.
Malaysia Building Society Bhd’s (MBSB) net profit for the third quarter ended Sept 30, 2016 (3QFY16) fell 8.83% to RM57.93 million, from RM63.53 million in the same period last year.
The Malaysian construction sector is expected to see downward normalisation this year, in which the domestic contract is projected to come in at RM25 billion, after achieving a record higher base in 2016, according to Hong Leong IB Research.
YTL Corp Bhd’s wholly-owned subsidiary YTL Hotels & Properties Sdn Bhd has expanded its assortment of luxury properties in the United Kingdom, with the acquisition of the Threadneedles Hotel in London.
The East Coast Rail Link (ECRL) is capable of boosting gross domestic product (GDP) growth by about 1.5% for the three states — Pahang, Kelantan and Terengganu — in the East Coast, says Prime Minister Datuk Seri Najib Razak.
Land & General Bhd’s related party transaction proposal to take over five property firms from its major shareholder, Malaysia Land Properties Sdn Bhd, for RM344 million cash has caught the Minority Shareholder Watchdog Group’s attention as questions remain over the deal.