Sarawak state govt abolishes quit rent
KUCHING (March 15): Sarawak Chief Minister Tan Sri Adenan Satem today announced that the state government had abolished payment of certain land quit rents.
Home ownership: I’m loving (and hating) it!
EVEN though many of the American Gen-Y considered owning a house as one of their ultimate life goals, many of them do not enjoy being a homeowner, a recent survey on American Gen-Y homeowners showed.
Iconsiam Superlux introduces first Mandarin Oriental branded residence
KUALA LUMPUR (March 11): Iconsiam Superlux Residence Corp Ltd (Iconsiam Superlux) unveiled the first Mandarin Oriental branded residence in Bangkok – a 52-storey tower that sits on 1.
How to survive a soft market
KUALA LUMPUR (March 11): Patience and hard work are the secrets to surviving today’s soft property market, said Malaysia’s top property agents.
Malaysia’s property market may see recovery at year-end, says economist
PETALING JAYA (March 9): The Malaysian property market is expected to see some signs of recovery by this year-end, supported by an improving local economy and market sentiment.
Leadmont Group unveiling Holiday Villa investment scheme by end of March
PETALING JAYA (March 7): Leadmont Group plans to launch Holiday Villa@Selayang Star City investment scheme at the end of this month, offering investment opportunity to investors who are interested to tap into the hospitality industry, according to the company.
Understanding charge as security instrument
CHARGE is a common form of security registered in favour of the financial institution in exchange for the granting of a loan facility to the purchaser in financing the purchase of property.
Magna Prima names Cheah Len Khoon as new chief executive officer
KUALA LUMPUR (March 4): Magna Prima Bhd appointed Cheah Len Khoon as its chief executive officer effective yesterday.
Eco World International offers 2-for-5 bonus warrants
KUALA LUMPUR (March 3): Eco World International Bhd (EWI), the special-purpose vehicle set up by the EcoWorld Group in 2013 to acquire real estate assets overseas for development that is en route to a listing on the Main Market of Bursa Malaysia will allocate a bonus issue of two warrants in EWI for every five EWI shares held after its initial public offering (IPO).
Ideal Sun City aims to secure 3 contracts worth RM40m in next 6 months
GEORGE TOWN (Feb 24): Property management service provider Ideal Sun City Holdings Bhd aims to secure three contracts worth up to RM40 million in total in the next six months, propelling its transfer to the Main Board on Bursa Malaysia in a year's time.
