Acme inks JV to develop Penang land
Under the JVA, the development will be on a sharing basis of 83:17 between ABSB and KKMBPB, respectively.
PH proposes housing tribunal, loan guarantees to solve rental discrimination, first-time homeownership problems
Tawaran Harapan committee member Rajiv Rishyakaran highlighted the rejection faced by first-time buyers due to not having a payslip for working in informal jobs, freelancing work, or lack of previous bank borrowing.
S&F Capital acquires land near Kulim Hi-Tech Park
S&F Capital Bhd (previously known as Leweko Resources Bhd) is acquiring 9.44 acres of land near Kulim Hi-Tech Park (KHTP) in Kedah for RM7.4 million.
BNM may front-load more OPR hikes in 2023 to tackle core inflation, say economists
Malaysia’s cost of borrowing increased for the fourth time this year as Bank Negara Malaysia (BNM) hiked the Overnight Rate Policy (OPR) by another 25 basis points to 2.75% at the sixth and final Monetary Policy Meeting (MPC) for 2022.
IGB REIT’s 3Q NPI jumps 81%, declares 2.44 sen DPU
IGB Real Estate Investment Trust’s (IGB REIT) net property income (NPI) for the third quarter rose 80.95% to RM101.19 million from RM55.92 million a year earlier, mainly due to lower rental support to tenants arising from the economic reopening and improved retail sales of tenants.
Ireka teams up with Penang State Islamic Religious Council to build houses in Seberang Perai
Ireka Corp Bhd said it will jointly develop houses on a piece of land in Seberang Perai Tengah with Wakaf Pulau Pinang Sdn Bhd (WPPSB), a corporate representative of the Penang State Islamic Religious Council (MAINPP).
Mitraland founder Chuah Theong Yee emerges as substantial shareholder of Eonmetall
Mitraland Group founder and chief executive officer Chuah Theong Yee has emerged as a new substantial shareholder of Eonmetall Group Bhd.
Bank Negara hikes OPR by 25bps to 2.75% on positive economic growth prospects
Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has raised the overnight policy rate (OPR) by 25 basis points (bps) to 2.75% on Thursday (Nov 3).
REKA Conference 2022 focuses on nurturing design ideas in post-pandemic era
REKA Conference 2022 by the Malaysian Institute of Interior Designers (MIID), which was held on Saturday (Oct 29), introduced aspiring and young designers who spoke on design ideas in the post-pandemic era.
Inta Bina bags RM88m contract to build apartments in Kuala Langat
It would be building 107 apartment units in a two-storey walk-up block and 294 units in a 21-storey tower.
