News about ER

Many expect clarity to the political landscape in Malaysia after the 14th General Election (GE14) which will be held next week.

KUALA LUMPUR (May 4): There is no oversupply of residential properties in the country as demand for housing has outstripped supply in 2017, said CBRE|WTW managing director Foo Gee Jen.

Sold for: RM6.

PETALING JAYA (May 3): Melaka-based Hatten Land Ltd has unveiled its mall management arm, Hatten Commercial Management Sdn Bhd, to undertake the management of its commercial retail units within the shopping malls it develops.

KUALA LUMPUR (May 3): The overbuilding of affordable housing is “quite severe” as many developers have shifted into that segment to counter high loan rejection rates, with the oversupply exacerbated by a lack of accurate and  timely property market data, said the Real Estate and Housing Developers’ Association (Rehda) patron and Rehda Institute trustee Tan Sri Eddy Chen * JPPH: Property market to stabilise as economy improves “In fact, we are building everywhere — those affordable houses in the range of RM300,000 to RM500,000.

KUALA LUMPUR (May 3): The overall property market is expected to stabilise this year, underpinned by the improving Malaysian economy that had recorded 5.

DUBAI (May 3): Top property developer S P Setia Bhd won three gold awards at the FIABCI World Prix d’Excellence Awards 2018 held here on Tuesday.

KUALA LUMPUR (May 3): YTL THP JV Sdn Bhd, a joint venture between Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd and TH Properties Sdn Bhd, has appointed former Prasarana Malaysia Bhd president and chief executive officer (CEO) Datuk Seri Azmi Abdul Aziz (pictured) as the company’s CEO.

PETALING JAYA (May 2): Best Western Hotels & Resorts has partnered with the Green Target Group to roll out a new hotel named Best Western Mesa Hotel in the latter’s MesaHill development in Nilai, Negeri Sembilan by the first quarter of 2021 (1Q21).

KUALA LUMPUR (May 2): Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate at 3.