JOHOR BARU: Hua Yang Bhd is launching its first high-rise residential development in Johor today. The RM216 million residential project — Citywoods — has received 50% registration of interest since early August for the first seven residential floors in Tower B, levels 7 to 14.

KUALA LUMPUR: Housing prices in Asian markets continue to be arrested in the second quarter of 2014 (2Q14) due to cooling measures even as housing prices around the world surge, according to an international residential market research firm.

KUALA LUMPUR (Sept 25): Malaysian government is planning to build two youth cities in five years' time with lower property prices, catering to young people aged below 40 years old, said the Minister for Urban Wellbeing, Housing and Local Government, Datuk Abdul Rahman Dahlan.

KUALA LUMPUR: Land and General Bhd (L&G)’s largest shareholder, Mayland Parkview Sdn Bhd, yesterday further converted 64 million irredeemable convertible unsecured loan stocks (ICULS) into new shares, bringing its shareholding in the property developer to 307.42 million shares or 30.33% direct stake, another step closer to the 33% mandatory general offer (MGO) threshold.

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) said it has been shortlisted for the 1,000-tonne-per-day waste-to-energy incinerator project in Taman Beringin, Kepong, which is estimated to cost up to RM800 million.

KUALA LUMPUR (Sept 23): KSL Holdings Bhd share price marches to breach new all-time highs as it reached RM4.97 today, as the once-overlooked property developer is still considered grossly undervalued.

KUALA LUMPUR (Sept 22): Berjaya Land Bhd’s net profit for its first quarter ended Jul 31, 2015 (1QFY15) was RM37.66 million, which represented a 63.26% drop from the previous corresponding quarter’s RM102.52 million. Revenue however jumped 37.27% year-on-year to RM1.41 billion from RM1.03 billion.

KUALA LUMPUR (Sept 22): Lembaga Tabung Haji (LTH) has denied speculation it has invested RM640 million in the property market in Detroit, the US.

In a statement today, LTH clarified that as of to date, the pilgrim fund has not made any investment commitments in Detroit or any other cities in the US.

KUALA LUMPUR (Sept 22): Lifestyle property developer Land and General Bhd (L&G), which has cash and cash equivalents of more than RM300 million, is looking for new land bank in the country’s top three property hotspots – the Klang Valley, Johor and Penang.