PUTRAJAYA: From next year onwards, civil servants can apply for housing loans via the Malaysian Treasury's integrated housing application system portal.

GEORGE TOWN: After staying away from the Penang property scene for more than 20 years, Berjaya Land Bhd (BLand) is returning in a big way. And it is picking up arguably the most controversial piece of real estate on the island to mark its return — a part of the Penang Turf Club (PNTC).

KUALA LUMPUR: Mah Sing Group Bhd staged a strong set of earnings, with net profit up 47.9% to RM43.13 million in the second quarter ended June 30 from RM29.16 million a year ago, with unbilled locked in sales and remaining gross development value of more than RM14.5 billion.

KUALA LUMPUR: Multi-Purpose Holdings Bhd (MPHB) said it is in talks with various parties to dispose of its non-core assets, including Menara Multi-Purpose.

In a filing with Bursa Malaysia on Tuesday, Aug 16, the group said it is discussing the disposals as part of its asset rationalisation exercise.

KUALA LUMPUR: Bina Puri Holdings Bhd has been awarded a RM470.3 million contract by a unit of property developer Asian Pac Holdings Bhd for a proposed arcade, serviced apartments and elevated car park in Kota Kinabalu, Sabah, known as KK Times Square (Phase II).

With the award of this project, Bina Puri's current unbuilt order book swells to RM2.8 billion.

Multi-Purpose Holdings Bhd (Aug 16, RM2.84)

Infrastructure sector

KUALA LUMPUR: Dijaya Corp Bhd shares rose on Tuesday, Aug 16 as investors were positive on its joint venture to undertake property projects near Johor Bahru with a gross development value (GDV) of RM2.8 billion.

At 9.30am, Dijaya was up four sen to RM1.56 with 135,200 shares traded.

KUALA LUMPUR: Sunrise Bhd's Publika shopping gallery has reached an occupancy rate of 70%, about half of which will be operational by end of September.

KUALA LUMPUR: The Asia Pacific market for direct commercial investments in terms of transaction volume is estimated at US$100 billion (RM296 billion) this year as investors seek shelter from the global turbulence rocking stock markets worldwide, according to international real estate firm Jones Lang LaSalle (JLL).