KUALA LUMPUR (Oct 24): Malaysian builders should adopt the use of Industrialised Building System (IBS), especially the modular method, as this could speed up the building process while reducing labour and waste, said Master Builders Association Malaysia (MBAM) president Foo Chek Lee.
KUALA LUMPUR (Oct 26): The Real Estate and Housing Developers' Association Malaysia (Rehda)’s Kedah and Perlis chairman Datuk Rick Cheng Wooi Seong believes “the worst is over” for the property market in second-tier areas in Malaysia.
PETALING JAYA (Oct 24): Contrary to popular belief, property developers in Malaysia are not making huge profits, said Real Estate and Housing Developers' Association Malaysia (Rehda) deputy president Datuk Soam Heng Choon (pictured).
JOHOR BAHRU: Country Garden Holdings Co Ltd (Country Garden) is looking to sell all the remaining 2,000 high-rise residential units at its Country Garden @ Danga Bay development in Johor by end-2017, said its sales executive Lee Yi Shen.
KUALA LUMPUR (Oct 21): Real estate consultants are worried that the increase in stamp duty for real estate transactions priced above RM1 million from 3% to 4% starting January 2018 will have a negative impact on the property market.
KUALA LUMPUR (Oct 18): Malaysian Resources Corp Bhd (MRCB) will use the proceeds from the disposal of its stake in MRCB Lingkaran Selatan Sdn Bhd, the concession holder of the Eastern Dispersal Link (EDL) Expressway in Johor, to settle debts and fund future property developments.
PJ Development Holdings Bhd (PJD), which is in the process of being taken private by Tan Sri Ong Leong Huat’s flagship OSK Holdings Bhd, is looking to divest three of its hotels — one each in Pahang, Johor and Kedah — for an estimated RM200 million.
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