Mah Sing plans to launch RM2.4 bil worth of properties this year
KUALA LUMPUR (April 5): Property developer Mah Sing Group Bhd plans to launch RM2.
LBS Bina launches second round of LBS Fabulous 20-21 lucky draw
PETALING JAYA (April 4): Property developer LBS Bina Group Berhad (LBS) has launched its Fabulous 20-21 campaign’s second round of lucky draw on LBS’ Facebook Live on March 28, 2022.
Residential properties account for majority of 2021 property transactions
KAJANG (April 4): Residential properties accounted for the major chunk of property market transactions in Malaysia in 2021, totaling 198,812 transactions worth RM76.
NAPIC: Property market improved in 2021 but challenges remain
PUTRAJAYA (April 4): The Malaysian property market performance improved year-on-year (y-o-y) in 2021 but total transactions remain below pre-pandemic levels recorded in 2019, according to the National Property Information Centre (NAPIC).
Heah Kok Boon resigns as EcoWorld’s executive director; appointed as alternate director
KUALA LUMPUR (April 4): Eco World Development Group Bhd (EcoWorld) said Datuk Heah Kok Boon has resigned as the property developer’s executive director, effective Friday (April 1).
Talam Transform in JV to develop RM388m GDV project in Serendah
KUALA LUMPUR (April 1): Talam Transform Bhd’s wholly-owned Europlus Bhd has inked a joint venture (JV) agreement with Janajaya Murni Sdn Bhd (JMSB) to jointly develop two parcels of land owned by Europlus in Serendah, Selangor, into a residential project with a combined gross development value of RM388.
UOB Malaysia successfully arranged EXSIM's RM300m IMTN
KUALA LUMPUR (March 31): UOB Malaysia announced on Thursday (March 31) that it had successfully priced and placed out property developer EXSIM's issuance of four-year RM300 million Islamic Medium Term Notes (IMTN) at a fixed profit rate of 5.
PMB Technology inks MOU for potential acquisition of Sabah land for new silicon plant
KUALA LUMPUR (March 31): PMB Technology Bhd has entered into a memorandum of understanding with Sabah Oil & Gas Development Corp Sdn Bhd (SOGDC) for the potential sublease or sale of 200 acres of land at the Sipitang Oil and Gas Industrial Park (SOGIP) in Sabah and development of a new silicon metal production plant there.
REHDA partners with UK-based CIOB to elevate development, construction industries
PETALING JAYA (March 31): The Real Estate and Housing Developers’ Association (REHDA) Malaysia signed a Memorandum of Understanding (MoU) with UK-based Chartered Institute of Building (CIOB) in a virtual signing ceremony on Wednesday (March 30), in a bid to upraise and share their expertise in property development and construction industries.
Elevated unsold houses reflect pre-existing affordability issues, says BNM
KUALA LUMPUR (March 30): The number of unsold houses remained elevated in the third quarter of 2021 despite some improvements in activity in the residential property market, said Bank Negara Malaysia (BNM).
