New Bali project to focus on generating positive energy
BALI is known as the “Island of The Gods” and the locals believe it has mystical powers.
Penang mulls cap on pre-war building rental hikes to 20% over 4 to 5 years, says CM
PENANG (Aug 5): Penang is mulling a cap on rental hikes in pre-war buildings to 20% over a period of four to five years, in contrast with more exorbitant hikes of 100% to 200% observed in recent times, said Penang chief minister Lim Guan Eng at the Penang International Property (PIP) Summit conference today.
The Waterside Residence condo at The Light, Penang set for October launch
PETALING JAYA: IJM Land Bhd, the property development arm of IJM Corp Bhd, will be launching the Waterside Residence condominium project in Penang, with an estimated gross development value (GDV) of RM240 million, this October.
TRC wins RM1.31 bil Pan Borneo Highway contract in Sarawak
KUALA LUMPUR (Aug 4): TRC Synergy Bhd said a company, in which its wholly-owned unit will have a 30% stake in, has bagged a RM1.
MQREIT’s net lettable area expiry well spread
MRCB-Quill Real Estate Investment Trust (Aug 3, RM1.
IJM Land to launch Phase 2 of Rimbun Vista this September
PETALING JAYA (Aug 3): IJM Land Bhd will be launching the second phase of Rimbun Vista (3A2) at S2 Heights, Seremban 2 later this September, said its managing director Edward Chong.
MQREIT 2Q NPI up 5.7% on higher income from Platinum Sentral
KUALA LUMPUR (Aug 3): MRCB-Quill REIT’s (MQREIT) net property income (NPI) for the second quarter ended June 30, 2016 grew 5.
Bina Puri’s construction order book stands estimated at RM2 bil
Bina Puri Holdings Bhd (Aug 2, RM0.
Staying ahead during challenging times
THE slowdown in the property market is not news to developers and the public.
Penang proposing rent control on pre-war buildings at Unesco heritage site
GEORGE TOWN (Aug 2): The Penang government is proposing a rent control policy for pre-war buildings after numerous complaints from business operators in the George Town Unesco World Heritage Site over excessive rental hikes, Bernama reported today.
