KTMB eyes developing commercial, retail properties worth RM6b in the next 2-3 years
PUTRAJAYA (Nov 14): Keretapi Tanah Melayu Bhd (KTMB) is eyeing on embarking on its maiden property development project within the Klang Valley area, slated to be worth RM6 billion in the next two to three years, as part of its initiatives to ramp up income from its non-fare segment, according to its chief executive officer Mohd Rani Hisham Samsudin.
Tony Pua: MRT3 'actual' project cost more important than financing cost
KUALA LUMPUR (Nov 13): Malaysia's planned Klang Valley Mass Rapid Transit Line 3's (MRT3) actual project cost is more important than its financing expenses because a more expensive project with cheaper financing will still cost more for the government to build.
RHB Bank launches first housing loan mobile app in Southeast Asia
KUALA LUMPUR (Nov 8): RHB Bank Bhd has launched the RHB MyHome App, the first of its kind in Southeast Asia to provide convenience in mortgage applications and documents submission via mobile devices.
Purpose-built Office Rental Index continues uptrend in 2Q17
PETALING JAYA (Oct 27): The Purpose-Built Office (PBO) Rental Index for Klang Valley, Johor Bahru, and George Town grew in the second quarter of 2017 (2Q17) from a year ago, according to the “Economic Report 2017/2018”.
IOI Properties' RM3b sukuk receives AAIS rating from MARC
KUALA LUMPUR (Oct 17): Malaysian Rating Corp Bhd (MARC) has assigned a preliminary rating of AAIS to the proposed RM3 billion sukuk by Fortune Premiere Sdn Bhd, a wholly-owned subsidiary of IOI Properties Group Bhd.
Scientex expects growth from major investments
KUALA LUMPUR (Oct 16): Packaging manufacturer and property developer Scientex Bhd is cautiously optimistic about its prospects for the current financial year but still expects to see an improvement in both the bottom line and top line performances.
So, you want to be a property flipper?
There are various strategies to make money through real estate and one of the most common is probably “flipping”, which means buying a property and reselling it for a profit within the shortest time possible.
