Mah Sing Foundation builds home for orang asli family
Mah Sing Foundation, a charitable trust established by Mah Sing Group Bhd, has contributed RM42,000 to build a home for an orang asli family in Kampung Serendah via social enterprise EPIC Homes.
Latest
Gamuda Land’s Jadite Suites achieves 82.8 CONQUAS score
Gamuda Land’s serviced apartment project Jadite Suites in Kajang has achieved a Construction Quality Assessment System (CONQUAS) score of 82.8 out of 100 under the residential high-rise building category.
Ipoh not proposing to raise parking charges
The Ipoh City Council (MBI) is not proposing to raise car parking charges in the city unlike the move implemented by the Kuala Lumpur City Hall.
Varsity to acquire hotels in Klang Valley, Penang
Universiti Utara Malaysia (UUM), through a subsidiary of Uniutama Management Holdings Sdn Bhd (UMHSB), is taking over several hotels in the Klang Valley and Penang.
Cash on hand, the ultimate buffer
The slowdown in the property sector has prolonged for over a year. Most analysts opine that the weak consumer sentiment and banks’ stringent lending policy will continue to pose earnings risk to property developers.
Greenland and Amare announce first tranche of six hotels in possible REIT listing
On July 1, China’s biggest state-owned developer, Greenland Group, and Amare Investment Management Group announced that they would be injecting an initial tranche of six hotels worth S$1.3 billion to S$1.5 billion into an investment vehicle, with an eye to setting up and listing a real estate investment trust (REIT) in Singapore.
Malaysia’s northern and southern regions remain attractive amidst challenging market
The northern and southern regions were the more popular property investment hotspots in the country a few years ago. Are these two regions still attractive to investors in the current slow market condition?
OCR Land to launch The Pano mixed-use development by end-Sept
OCR Land Holdings Sdn Bhd will launch The Pano — a residential and retail development at Jalan Ipoh Batu 3 in Kuala Lumpur, by end-September — said sales and marketing director Emily Ong.
Over a third of survey participants believe property prices will go down in next 12 months
About 36.2% of people surveyed by TheEdgeProperty.com believed that prices of properties will decline in the next 12 months, citing factors such as the current dampened economic sentiment, oversupply and lending curbs.
LEKAS-EcoMajestic interchange to officially open in Aug or Sept
The interchange will connect EcoMajestic’s West Gate to the Kajang-Seremban Expressway (LEKAS) and lead traffic straight into the township through the Eco Majestic toll plaza to avoid heavy traffic on Jalan Semenyih.
