Faber Towers up for sale
PETALING JAYA (Dec 30): OSK Holdings Bhd has put Faber Towers in Taman Desa, Kuala Lumpur, on the market as it seeks to monetise some of its assets, reported The Edge.
Developers should check with Putrajaya before building high-end properties, says Finance Minister II
PETALING JAYA (Dec 29): Finance Minister II Datuk Seri Johari Abdul Ghani has told property developers to check with the Urban Wellbeing, Housing and Local Government before embarking on high-end property projects to avoid contributing to oversupply of this type of property.
Acoustech to develop luxury hotel, affordable apartments in Melaka with GDV of RM80.5m
KUALA LUMPUR (Dec 29): Acoustech Bhd plans to develop a five-storey luxury hotel and a block of affordable serviced apartment worth a combined gross development value (GDV) of RM80.
Berjaya Corp active, falls 2.86% on second straight quarterly loss
KUALA LUMPUR (Dec 29): Berjaya Corp Bhd (BCorp) fell 2.
Selangor Properties results driven by Australian operation
Selangor Properties Bhd (Dec 28, RM4.
TAHPS will be renamed Ayer Holdings
KUALA LUMPUR (Dec 28): TAHPS Group Bhd will be renamed Ayer Holdings Bhd effective 9am on Jan 3, 2018.
DONE DEAL: 2.5-storey bungalow, Damansara Heights, KL
Sold for: RM6 million Concluded by: Shawn Fernandez (E 2445) of Fernstate Sdn Bhd (016-288 1251) When: September 2017 Noteworthy: ● Freehold ● Built-up area of 6,000 sq ft ● Land area of 10,000 sq ft ● 5+1 bedrooms ● 6 bathrooms ● Partly furnished with appliances, curtains, blinds, and air-conditioning units According to the agent who closed the deal, the seller and buyer are Malaysians.
Seven reasons your loan application gets rejected
Feeling stressed out and dejected because the housing loan applications you sent out kept getting rejected? While the banks’ risk profiling and credit lending policies may vary slightly from each other, the real culprit could often be something hidden and easily overlooked.
Market settling into a new normal, says JPPH DG
PETALING JAYA (Dec 28): While the property market has remained soft in 2017, Valuation and Property Services Department (JPPH) director-general Nordin Daharom believes the market is still holding up as transactions are still taking place.
Berjaya Corp posts second straight quarterly loss in 2QFY18
KUALA LUMPUR (Dec 28): Berjaya Corp Bhd (BCorp), controlled by tycoon Tan Sri Vincent Tan, posted its second straight quarterly loss today, mainly due to provision for the impairment of a portion of the balance sales proceeds from the sale of the Great Mall of China project in China and the loss arising from the partial disposal of an associated company.
