Increased costs of high-end projects
KUALA LUMPUR (Sept 14): Most property developers are glad that the weakening ringgit has minimal impact on their development costs, but high-end projects which have more imported building materials, may be affected.
PROPERTY SNAPSHOT 1: Ara Damansara and Subang property markets diverge
This is the first in a series of four snapshots on Ara Damansara and Subang.
Cautious sentiment in Johor remains in 2Q
THE Goods and Services Tax (GST), the weak domestic and global economy, and the uncertain local political situation worsened sentiment in Johor’s property market in the second quarter of the year.
Eco World International's maiden Sydney project is 90% reserved
SYDNEY (Sept 11): Eco World International’s maiden residential project in Sydney, Australia -- West Village -- is already 90% reserved before the official launch of the project.
Weak sentiment and slowdown to continue, says Rehda
KELANA JAYA (Sept 11): Weak consumer and industry sentiment is expected to continue slowing the property market in the second half of the year (2H2015), said the Real Estate and Housing Developers Association of Malaysia (Rehda).
Vintage gold
VIEW VIDEO DEVELOPED in the 1970s as an upper-middle class residential enclave in Kuala Lumpur, Taman Desa mainly offered landed homes in the early days.
Meliá Hotels International adds two new hotels in Malaysia
PETALING JAYA (Sept 11): Meliá Hotels International will be adding two more hotels to its Malaysian portfolio -- five-star Meliá Iskandar Malaysia and four-star INNSIDE Iskandar Johor.
Continual effort needed to reduce losses caused by natural disasters
KUALA LUMPUR (Sept 11): Disaster prevention and recovery is a continuous project that needs to be reviewed from time to time to reduce the impact on the country should the worst occur, said a disaster prevention expert.
S P Setia 3Q net profit up
PETALING JAYA (Sept 11): S P Setia Bhd’s net profit for the third quarter ended July 31, 2015 (3QFY15) jumped 153% to RM261.
