KUALA LUMPUR (Nov 21): Freezing approvals for applications to build shopping malls, offices, serviced apartments and luxury condominiums, which came into effect on Nov 1, will artificially push supply into a certain market, some property developers argue.
If rent-to-own (RTO) schemes are able to help more people own homes, property developers would definitely be in favour of them.
RAWANG (Nov 11): Mah Sing Group Bhd will be rolling out its third township project in Rawang, Selangor called M Aruna in the first quarter of 2018.
KUALA LUMPUR (Nov 10): Construction and property developer Zecon Bhd, whose net debt widened 50.
SUNGAI BULOH (Nov 8): Mah Sing Group Bhd said construction of its RM937 million D'sara Sentral mixed development here is ahead of schedule by 12 to 15 months, after the project clocked over four million safe man-hours without any lost time injury (LTI).
JOHOR BAHRU (Nov 7): Mah Sing Group Bhd is launching phase two of Fern at its Meridin East township in Johor Bahru this weekend (Nov 11 and 12).
Property sector Maintain positive stance on the property sector: In the Budget 2018 announcement last Friday, the government announced that the “step-up” end financing scheme will be extended to private property developers to encourage more affordable property projects.
KUALA LUMPUR (Oct 30): Public inspection on the Kuala Lumpur-Singapore High-Speed Rail (HSR) project starting Nov 1 will focus on the existing alignment featuring seven local stations, without the proposed station at the Forest City property development in Johor.
KUALA LUMPUR (Oct 30): Mah Sing Group Bhd saw three of its new projects across Malaysia that were previewed over the weekend record an average booking rates of 95%.
PETALING JAYA (Oct 27): Property developers lauded the government’s various initiatives in Budget 2018 that aims to address the affordable housing gap and rising cost of living.
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