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Mah Sing receives shareholders nod to acquire Kinrara land
KUALA LUMPUR: Mah Sing Group Bhd today received the approval of its shareholders to acquire a piece of land in Kinrara, Puchong here.
Industry leaders top The Edge property excellence awards
KUALA LUMPUR: Malaysia’s leading property developers were feted at The Edge Property Excellence Awards 2010 last night.
Chor: There are challenges to meet housing demand in all segments
KUALA LUMPUR: The challenge for the local housing industry is no longer about insufficient housing stock, especially in the affordable housing segment, but rather about ensuring that there are enough houses for various income segments of society and its sustainability.Local Government and Housing Minister Datuk Wira Chor Chee Heung stated that the key challenges facing the housing industry were
SunCity’s first gated project in Penang
GEORGE TOWN: Sunway City Bhd (SunCity) plans to launch its first gated and guarded landed residential project with a gross development value (GDV) of RM800 million in Penang next year. SunCity recently entered into a sale and purchase agreement (S&P) with Sungai Ara Holdings Sdn Bhd to acquire the 32.74ha site for the project in Sungai Ara at RM38.77 million.
Life is a Ponzi Scheme
FEELING happy? I can change that. Think back over your life since you entered the workforce. Think you’re getting ahead? Ask yourself if your quality of life is genuinely honest and in all respects better than when you were (1) single (2) just a junior employee (3) unburdened by debt and family obligations and (4) better looking.
Paramount Corp (RHB Research) maintain outperform; fair value RM5.80.
Paramount Corp
Officially Entered Into SPA For The Disposal Of Jerneh
New World core profit surges 72% to HK$6.08b
HONG KONG: New World Development's underlying profit surged 72.4% to HK$6.08 billion (RM2.43 billion) for the year to June, thanks to strong property sales in Hong Kong and China.
Net profit, including property revaluation gains, jumped 457% to HK$11.61 billion from HK$2.08 billion a year earlier. Turnover grew 24% to HK$30.22 billion.
Shanghai limits buyers to one new apartment
SHANGHAI: The Shanghai government has issued new rules to limit home buyers to one new apartment and will impose revised land appreciation tax as part of an effort to rein in property speculation, local media reported on Friday, Oct 8.