News about AP

KUALA LUMPUR (April 12): Mah Sing Group Bhd sees the worst to be over for the Malaysian property market as various market indicators appear to have bottomed out with residential property transactions seen to be contracting at a slower pace, while growth in house prices moderates.

•    Flanked mainly by old shop houses, Jalan Ipoh is reminiscent of bygone days.

PETALING JAYA (April 11): Singaporean hotel and serviced residences operator Far East Hospitality (FEH) is upbeat about Malaysia’s tourism industry and is poised to take advantage of an anticipated growth in international tourist arrivals to the country, said CEO Arthur Kiong.

KUALA LUMPUR (April 8): HCK Capital Group Bhd said its indirect 70%-owned unit HCK Premier Builders Sdn Bhd (HPBSB) has entered into a joint venture (JV) development agreement with Daya Builders Sdn Bhd for the development of apartment units in Kuching, Sarawak.

PETALING JAYA (April 8): Eleven hospital projects have been certified as green in March under the GBI Hospital Tool, which was launched last year.

Sold for: RM3.

FIVE years into the launch of the Low Carbon Cities Framework (LCCF) in Malaysia, we are starting to see some progress.

•    Today, we look at price growth and indicative asking rental yields for non-landed homes in Sentul, Kuala Lumpur.

KUALA LUMPUR (April 5): S P Setia Bhd has confirmed its acting president and chief executive officer (CEO) Datuk Khor Chap Jen (pictured) as executive president and CEO, Datuk Wong Tuck Wai as deputy president and chief operating officer (COO), and Choy Kay Yew as chief financial officer (CFO), effective April 1.

REAL estate developers have become more creative in luring prospective homebuyers into committing to a purchase, even as property price growth in the country moderates.