Mitrajaya property unit prospects dampened by market weakness
Mitrajaya Holdings Bhd (Oct 10, 39 sen) Maintain sell with an unchanged target price (TP) of 38 sen: Mitrajaya Holdings Bhd announced that has secured a RM99.
Senai Airport City wants logistics and F&B to drive new industrial park
JOHOR BAHRU (Oct 11): In order for its industrial park to be fully developed and operational by 2025, Senai Airport City Sdn Bhd (SAC) is seeking logistics and food and beverage (F&B) companies to set up manufacturing operations there.
Rehda urges states to adopt automatic release mechanism for bumi units
PETALING JAYA (Oct 10): The Real Estate and Housing Developers' Association (Rehda) has urged state governments to adopt an automatic release mechanism for properties allocated under bumiputera quotas to lower the high number of unsold units in the country.
UK’s most expensive home valued at a whopping £160m, says report
KUALA LUMPUR (Oct 10): If you think properties in Kuala Lumpur are expensive, take a look at the prices in London.
Mitrajaya bags RM100m job to build KL hospital
KUALA LUMPUR (October 10): Mitrajaya Holdings Bhd has bagged a RM99.
Puchong LRT lift breaks down, leaves disabled commuters stranded
PETALING JAYA (Oct 9): The Pusat Bandar Puchong LRT station lift broke down leaving disabled commuters stranded with no way to exit the station.
No plans to give incentives to developers using IBS, says KPKT
PETALING JAYA (Oct 9): Housing and Local Government (KPKT) Minister Zuraida Kamaruddin said the government is not planning to provide any incentives for property developers using the Industrialised Building System (IBS) to build homes.
Think tank: Rent unsold houses to youth
PETALING JAYA (Oct 9): Addressing the issue of unsold properties, a think tank has proposed that developers rent unsold units to youths who otherwise cannot afford to own home.
Government mulls reducing compliance cost for affordable housing developments
PETALING JAYA (Oct 9): The government is mulling a reduction in compliance costs for affordable housing developments by saving developers the burden of undertaking the construction of certain utilities infrastructure.
Current housing policies must change, said Asli chairperson
KUALA LUMPUR (Oct 8): Asian Strategy & Leadership Institute (Asli) chairperson Tan Sri Jeffrey Cheah said there is a need to change existing legislation for the real estate industry as the laws have not kept up with the pace of nation’s economic and social landscape.
