Dec 15 soft opening for Mitsui Outlet Park KLIA phase 2, official launch Feb 2018
PETALING JAYA (Nov 30): Mitsui Outlet Park KLIA Sepang phase 2 will open for business on Dec 15, 2017, introducing about 35 new stores.
Additional alternative route to Bandar Puteri Puchong
PETALING JAYA (Nov 30): IOI Properties Group Bhd has engaged with Lingkaran Trans Kota Sdn Bhd (Litrak) to provide an additional alternative route to Bandar Puteri Puchong while the Bandar Puteri Puchong Interchange remains closed due to upgrading works.
Titijaya's unit to receive foreign investment worth RM47m
KUALA LUMPUR (Nov 30): Titijaya Land Bhd said its wholly-owned Epoch Property Sdn Bhd has yesterday entered into a conditional share subscription agreement with Japan-based Tokyu Land Corp (TLC) for a subscription consideration of RM47 million.
‘Properties remain unaffordable’
KUALA LUMPUR (Nov 30): When measuring housing affordability, policymakers should take into account a person’s “lifetime” earning capability, instead of basing it on current income level, said Monash University senior lecturer Dr Jason Ng Wei Jian.
KL-Klang BRT project cancelled due to LRT3
KUALA LUMPUR (Nov 29): The government has cancelled the Kuala Lumpur-Klang bus rapid transit (BRT) project as the service will overlap with the proposed light rail transit 3 (LRT3) project, the Dewan Rakyat was told yesterday.
Ekovest gets IWH nod for IWCity takeover
KUALA LUMPUR (Nov 29): Ekovest Bhd's takeover bid of Iskandar Waterfront City Bhd (IWCity) has received the green light from Iskandar Waterfront Holdings Sdn Bhd (IWH), which owns a 38.
Conversion rate of developers’ sales improved in 2017
PETALING JAYA (Nov 28): The conversion rate for sales in the primary market has gone to over 63% in 2017 from 50% in 2016, said the Malaysian Institute of Estate Agents (MIEA) secretary-general Chan Ai Cheng.
Property market to recover in coming years, says Sime Darby Property
KUALA LUMPUR (Nov 28): The Malaysian property market is expected to recover in the coming years, after a challenging environment that has dragged on since 2013, said the soon-to-listed Sime Darby Property Bhd (SD Property).
Sunway 3Q net profit up 5% on higher revenue as tax expense retreats
KUALA LUMPUR (Nov 27): Sunway Bhd's net profit climbed 5% year-on-year to RM150.
England struggles with housing shortage
LONDON (Nov 27): In a cramped apartment in an industrial zone in south London, Sandra Rumkiene recounts her struggles to bring up a baby as one of a growing number of poor families forced to live in temporary housing.
