News by Supriya Surendran

Residential properties below RM500,000 accounted for 84% of sales in the sector

The report said affordable housing schemes by Perbadanan PR1MA Malaysia and Syarikat Perumahan Negara Bhd would be continued

Malton recorded a revenue of RM132.14 million in 3QFY15, 29% higher than its 3QFY14 revenue of RM102.62 million

1MDB said although the price psf was lower than market rates, the deal was ultimately within the confine of the government's internal transactions

The proposed acquisition of seven parcels of leasehold industrial land with buildings comes with a leaseback deal for 15 years with Haisan, with an option to renew for another 15 years

Tadmax Resources Bhd has completed the disposal of a parcel of land in Pulau Indah, Selangor to 1Malaysia Development Bhd’s (1MDB) unit Ivory Merge Sdn Bhd for RM294.38 million.

 Nexgram Holdings Bhd’s wholly-owned subsidiary Nexgram Land Sdn Bhd has obtained the development order from the Sepang Municipal Council with respect to the RM1.15 billion “Angkasa Icon City” project

The REIT also proposed a distribution per unit (DPU) of 4.30 sen, down 1 sen or 18.87% from 5.3 sen in the previous corresponding period, according to its filing with Bursa Malaysia today

Penang Chief Minister Lim Guan Eng said that work has commenced for at least four out of the 12 projects in the pipeline

Speaking at a roundtable session during the Fiabci-Penang International Property Conference (PIP) 2015 yesterday, Penang state executive councilor for Housing and Town and Country Planning Jagdeep Singh Deo said that the state government had decided on the move after taking into account the implications for first time home buyers