News about ER

PETALING JAYA (Oct 5): Developers who are not able to deliver their residential projects on time may request for an extension of an additional 12 months from the original 36 months, provided no sale and purchase agreement has been signed, said Minister of Urban Wellbeing, Housing and Local Government Tan Sri Noh Omar.

PETALING JAYA (Oct 5): There must be a collaboration between the public and private sector to drive Industrialised Building System (IBS) usage, said Asian Strategy & Leadership Institute (ASLI) chairman Tan Sri Dr Jeffrey Cheah in response to the government urging property developers to adopt the technology.

PETALING JAYA (Oct 5): Housing prices will definitely not go down as elements of property development such as land cost and development charges keep increasing, said a group of panellists.

KUALA LUMPUR (Oct 5): Sime Darby Bhd’s plantation and property arms have received the Securities Commission Malaysia's (SC) approval for the classification of their shares as syariah-compliant securities.

KUALA LUMPUR (Oct 5): The Sultan of Johor’s daughter, Tunku Tun Aminah Sultan Ibrahim Ismail, was appointed Berjaya Assets Bhd’s (BAssets) new non-independent and non-executive chairman, effective yesterday.

KUALA LUMPUR (Oct 4): Investment banks (IB) should not take a short-term view on a property lending guideline, introduced in 1997, as it is still relevant today, said Bank Negara Malaysia.

KUALA LUMPUR (Oct 4): TRX Residences, the residential component of the 17-acre TRX Lifestyle Quarter, is aiming to launch its first homes sometime in 1Q18.

KUALA LUMPUR (Oct 4): Property developer LBS Bina Group Bhd has outlined six proposals for the upcoming Budget 2018, which it believes will benefit, in particular, first-time homebuyers, the property industry as well as the entire Malaysian economy.

PETALING JAYA (Oct 4): It isn’t every day that you get to win a RM10,000 cash prize or a paid trip to Paris, but take part in the EdgeProp.

KUALA LUMPUR (Oct 4): Ivory Properties Group Bhd said yesterday that the Court of Appeal has upheld a decision to strike out a breach of agreement suit against its wholly-owned subsidiary.