News about Lat

KUALA LUMPUR (Sept 6): Property developer LBS Bina Group Bhd announced it will be buying Gerbang Mekar Sdn Bhd, the mall owner and operator of the M3 Mall in Gombak, for which it will be paying RM105 million in cash and kind, to enter the retail business.

PETALING JAYA (Aug 4): Developers are finding it difficult to comply with the requirement under the country’s stata management laws, such as the Strata Management Act 2013 (SMA), to submit the number of share units in a development when submitting their strata plans to the authorities.

THERE are 14 HDB flats listed as mortgagee sales in the private treaty lists of the five property auction houses as at the month of July.

  PETALING JAYA (July 24): S P Setia Bhd’s Elata Vita @ Setia Tropika in Johor Bahru recorded a take-up rate of 90% during its launch last month with homebuyers queuing up a day before the launch day.

KUALA LUMPUR (July 13): Bank Negara Malaysia maintained the overnight policy rate (OPR) at 3.

KUALA LUMPUR (June 30): Boon Koon Group Bhd, which specialises in rebuilt commercial vehicles, intends to diversify into property development.

KUALA LUMPUR (June 8): Crest Builder Holdings rose 7% at mid-morning trading today, after the group said it expects its performance for the financial year ending Dec 31, 2017 (FY17) to be better, driven by its construction projects.

Unbeknownst to many, the once conspicuously positioned seven-block Pekeliling Flats on Jalan Pekeliling, Kuala Lumpur was the first development in Malaysia built with the pre-fabricated system.

SINGAPORE (April 3): Singapore’s property market is expected to benefit from a number of government policy changes that have recently begun to take effect, according to recent research data published by JLL.

PETALING JAYA (March 28): Malaysia’s representative Chai Min Li has emerged as the Platinum winner in the Interior Design category of the regional instalment of Nippon Paint’s Asia Young Designer Award (AYDA) 2016.