Selangor Dredging active, jumps 12.26% on special dividend
KUALA LUMPUR (Jan 4): Selangor Dredging Bhd (SDB) jumped 12.
Selangor Dredging declares special dividend of 19 sen
KUALA LUMPUR (Jan 3): Selangor Dredging Bhd (SDB) has declared a special dividend of 19 sen per share from proceeds of the group's sale of Wisma Selangor Dredging.
Govt maintains stamp duty rates for properties above RM1m in 2018
PETALING JAYA (Dec 20): The government will not raise the stamp duty rate from 3% to 4% on the instruments of transfer (Form 14A) for properties worth over RM1 million from Jan 1, 2018, as announced in Budget 2017, according to the Ministry of Finance (MoF).
Weaker KL prime office market ahead, says Knight Frank
PETALING JAYA (Dec 18): The prime office market in Kuala Lumpur is forecast to be weaker for the next 12 months, according to Knight Frank’s Asia Pacific Prime Office Rental Index 3Q17.
E&O now wholly owns concession to reclaim Seri Tanjung Pinang land in Penang
KUALA LUMPUR (Nov 27): Eastern & Oriental Bhd (E&O) has acquired the remaining 4.
Sunway 3Q net profit up 5% on higher revenue as tax expense retreats
KUALA LUMPUR (Nov 27): Sunway Bhd's net profit climbed 5% year-on-year to RM150.
Gamuda Land’s Madge Mansions wins at Malaysia Property Award 2017
PETALING JAYA (Nov 27): Gamuda Land’s Madge Mansion has won the Residential (Mid-Rise) category of the Malaysia Property Award 2017 last weekend.
Khazanah Research: Planned home rental law may spur the market
KUALA LUMPUR (Nov 7): Khazanah Research Institute (KRI) hopes that Budget 2018’s proposal to formulate the Residential Rental Act to protect the landlord and tenant will spur the rental market.
Dabbling with RTO
A number of government agencies and private developers have already introduced variants of the Rent-To-Own (RTO) concept to facilitate easier home ownership.
