CONSTRUCTION and property development company Kenwingston Sdn Bhd may be relatively young — it was incorporated in 2010 by a group of property professionals — but its aggressive strategy saw it grow by leaps and bounds in recent years.
LIVING in the London borough of Kingston upon Thames, with its history of crowning seven Anglo-Saxon kings, would certainly make for good dinner conversation.
PETALING JAYA (July 30): Berkeley Group, a property developer from the UK, will be launching the first phase of its Queenshurst apartments in Kingston upon Thames, London, in Malaysia today.
KUALA LUMPUR (April 12): Mah Sing Group Bhd sees the worst to be over for the Malaysian property market as various market indicators appear to have bottomed out with residential property transactions seen to be contracting at a slower pace, while growth in house prices moderates.
KUALA LUMPUR (March 14): Property developers are expected to see more unsold residential units in 2016, as launches over the past two years are expected to come on stream, amid a slowdown in demand.
2015 was indeed a challenging year for the market due to several internal and external issues, such as the implementation of the Goods and Services Tax (GST), the weakened ringgit, political uncertainty, and property market cooling measures, resulting in poor consumer sentiment.
PETALING JAYA (March 9): The Goods and Services tax (GST) which was introduced in April last year has reduced demand for commercial properties in the market due to the additional 6% cost that buyers have to pay, said Real Estate and Housing Developers’ Association Malaysia (Rehda) deputy president Datuk Soam Heng Choon.
KUALA LUMPUR (Jan 8): Atrium Real Estate Investment Trust (Atrium REIT) is spending RM15.
KUALA LUMPUR (Dec 21): There is no foreseeable short-term impact on the construction sector from the depreciation of the ringgit as most construction materials such as cement and steel are manufactured in Malaysia, the national builders group said.
Matrix Concepts Holdings Bhd (Nov 18, RM2.
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