Housing ministry expects budget cuts
KUALA LUMPUR (Jan 14): The Urban Wellbeing, Housing and Local Government Minister Datuk Abdul Rahman Dahlan has warned that his ministry would most likely to be affected by the impending cut in Budget 2016.
Building managers can now register with Commissioners of Buildings
PETALING JAYA (Jan 14): Building managers can register themselves with the Commissioners of Buildings (COB) for now, while the Ministry of Urban Wellbeing, Housing and Local Government is working towards the formation of a Board of Building Managers (BBM).
Tower REIT to incorporate RM7.6 mil into its Dec 31, 2015 financial statements
KUALA LUMPUR (Jan 14): Tower Real Estate Investment Trust (REIT) would incorporate RM7.
Bina Puri eyes 20% net profit hike in FY16
KUALA LUMPUR (Jan 14): Bina Puri Holdings Bhd, which is hoping to match its 2015’s order book value of RM1 billion this year, expects its net profit to grow by 20% in the current financial year ending Dec 31, 2016 (FY16), driven by its construction and power business segments.
Heatherwick Studio makes debut in Singapore with NTU learning hub
LAST March, Singapore’s Nanyang Technological University (NTU) opened an eye-catching learning hub conceived by Heatherwick Studio based in Kings Cross, London, and executed by local lead architect CPG Consultants.
PROPERTY SNAPSHOT 4: What's hot in Northeast Penang?
Here are the price growth trends and indicative asking rental yields for non-landed residences in Northeast Penang.
UEMSET-Medini Iskandar to kick off township management services JV this year
KUALA LUMPUR (Jan 13): A new entity formed via a joint venture between UEM Sunrise Edgenta TMS Sdn Bhd (UEMSET), and Township Management Services Sdn Bhd (TMS) — which is a wholly-owned subsidiary of Medini Iskandar Malaysia Sdn Bhd, will kick off its township management services this year, specifically for building owners and residents of Medini and Iskandar Puteri (formerly known as Nusajaya) townships in the Iskandar Malaysia region in Johor Bahru.
Bina Puri targets RM1 bil worth of project wins in 2016
KUALA LUMPUR (Jan 13): Bina Puri Holdings Bhd targets to secure construction projects worth RM1 billion this year, from both overseas and domestic market.
PROPERTY SNAPSHOT 3: What are prices like in Northeast Penang?
We continue our focus on Northeast Penang by looking at average prices on a per square foot (psf) basis.