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Bullish property market looms

PETALING JAYA: About 500 readers of The Edge weekly flocked to The Edge Investment Forum on Real Estate 2013 at the Royale Bintang Damansara in Mutiara Damansara last Saturday for an opportunity to learn more about the current property market and investment trends — directly from industry experts.

MBSB hopes to get nod for bank status by year-end

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) hopes to obtain the necessary approvals from Bank Negara Malaysia (BNM) to become a full-fledged banking institution by the end of this year.

Matrix targets RM770m sales from industrial park

KUALA LUMPUR: Matrix Concepts Holdings Bhd, which is en route to list on Bursa Malaysia on May 28, plans to sell an estimated RM770 million of the remaining land in its Sendayan TechValley industrial park development within the next five years.

#The Edge Forum* High-speed rail boost for Malaysian real estate

KUALA LUMPUR: The KL-Singapore high speed rail (HSR) when it becomes a reality in the future will boost the Malaysian economy including the property sector, said industry experts at a panel discussion on “The Impact of the KL-Singapore High Speed Rail” at The Edge Investment Forum on Real Estate 2013 held on Saturday May 11.

#The Edge Forum* Real estate investment forum continues to draw the crowd

PETALING JAYA: About 500 readers of The Edge Malaysia flocked to The Edge Investment Forum on Real Estate 2013 at the Royal Bintang Damansara in Mutiara Damansara on Saturday May 11 morning for an opportunity to learn more about the current property market and investment trends directly from industry experts.

#The Edge Forum* New infrastructure expected to create new hotspots

PETALING JAYA: As the infrastructure networks are being put into place, properties within close proximity to the mass rapid transit (MRT) and light rail transit stations, and those that will be serviced by new highways are expected to see an increase in value and demand.

Daughter of Sunway founder to head team

KUALA LUMPUR: Sunway Bhd has appointed Sarena Cheah, daughter of group founder and chairman Tan Sri Jeffrey Cheah, one of the joint managing directors for the group’s Malaysian and Singaporean property development team.

Penang Sentral project to start this year, says NCIA

BUKIT MERTAJAM: The long-awaited Penang Sentral project is likely to start in the fourth quarter of this year, says the Northern Corridor Implementation Authority (NCIA).

Its chief executive, Datuk Redza Rafiq said NCIA was looking at how to position the project, and work in line with the collaborative engagement model with all parties involved.