Axis REIT buys industrial properties in Iskandar Johor for RM38.7m
KUALA LUMPUR (June 7): Axis REIT Managers Bhd, the manager of Axis Real Estate Investment Trust, is acquiring two freehold industrial properties in Iskandar Malaysia, Johor for RM38.
Even sans HSR, Bandar Malaysia retains its allure
PETALING JAYA (June 2): The 486-acre Bandar Malaysia development in Sungai Besi, which was to house the terminus of the recently-stopped Kuala Lumpur-Singapore high-speed rail (HSR) line, is still attractive thanks to its strategic location and two future mass rapid transit (MRT) stations coming up there, reported The Edge weekly.
Iskandar Malaysia’s property market could take a hit
With the Kuala Lumpur-Singapore high-speed rail (HSR) aborted, Singapore’s Jurong Lake District could lose some of its shine.
HSR axing impact on Iskandar Puteri minimal
PETALING JAYA (May 31): The cancellation of the Kuala Lumpur-Singapore high-speed rail (HSR) project will only have a light impact on Iskandar Puteri’s property market in the medium part, as it is only a positive point to upcoming projects in the region.
Ho Hup to revive earnings with RM1.7b launches planned for FY18
KUALA LUMPUR (May 18): Construction and property development player Ho Hup Construction Bhd said today it will unveil property projects worth RM1.
SunCon 1Q net profit up 6% despite precast drag
KUALA LUMPUR (May 18): Sunway Construction Group Bhd’s (SunCon) net profit in its first quarter ended March 31, 2018 (1QFY18) grew 6% year-on-year (y-o-y) to RM35.
UPDATE Rehda: Property prices to drop with zero GST
PETALING JAYA (May 17): Property prices are expected to drop following the goods and services tax (GST) rate reduction to zero from 6% prior, with commercial properties to see an immediate drop come June, said the Real Estate and Housing Developers’ Association (Rehda) president Datuk Seri FD Iskandar.
Rehda: Property prices to drop with zero GST
PETALING JAYA (May 17): Property prices are expected to drop following the goods and services tax (GST) rate reduction to zero from 6% prior, said the Real Estate and Housing Developers’ Association (Rehda) president Datuk Seri FD Iskandar.
Rehda: Pakatan has good proposals, but more holistic approach needed
PETALING JAYA (May 11): While the Pakatan Harapan manifesto contains a number of proposals that are laudable, a more holistic approach is needed to make property prices more viable, said the Real Estate and Housing Developers’ Association (Rehda) president Datuk Seri FD Iskandar.
A fearless champion of real estate
Securing a meeting with Datuk Seri Fateh Iskandar Mohamed Mansor — affectionately known as FD in the property industry — is notoriously difficult.
