News about ER

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

PETALING JAYA  (April 20): The Federation of Malaysian Consumers  Associations (Fomca) backs the National Union of Bank Employees' (NUBE) plan of interest-free housing loans for its members in the middle- and lower-income segments, Bernama reported today.

KUALA LUMPUR (April 20): Mah Sing Group Bhd has succeeded in the High Court to strike out the claims by seven persons that the RM359.

THE controlling shareholders of property developer Magna Prima Bhd are understood to be looking to hive off a large stake of about 30% in the company, sources say.

KUALA LUMPUR (April 19): Crest Builder Holdings Bhd has enterd into a joint venture (JV) with Prasarana Malaysia Bhd and Detik Utuh Sdn Bhd to develop Latitud 8, a mixed-commercial development which has a total gross development value (GDV) of RM1.

PETALING JAYA (April 19): The first show apartments by internationally-renowned architectural firm Gehry Partners is opening at the iconic Battersea Power Station rejuvenation project.

PUTRAJAYA (April 19): The overall property market slowed down marginally in 2015 from a year ago – with volume down by 5.

WHO: A native of Kuala Lumpur, Shahril Faisal (pictured, right) as a boy expressed an innate love for building and making things out of Lego bricks and clay, transforming them into “any desired form and construction”, he says.

KUALA LUMPUR (April 19): Spring Gallery Bhd has bagged a RM176 million contract to provide professional project management facilities for the development of a piece of land in Perling, Johor, currently sited by the Johor State Tennis Academy.

THE recently announced tender schedule for the estimated RM30 billion Mass Rapid Transit Sungai Buloh-Serdang-Putrajaya Line (SSP Line), or MRT2, promises exciting times for the construction sector over the next few months.