S P Setia to launch Ferrous 2 on Nov 26
Priced from RM885,800, these freehold homes in Setia AlamImpian boast built-up areas ranging from 1,900 to 2,097 sq ft, featuring 4 bedrooms and 4 bathrooms.
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UEM Sunrise disposes 46.9 ha of freehold parcels in Johor Bahru for a total consideration of RM146.1 mil
UEM Sunrise stated that the disposals of the Lands are in line with its three-phase strategic turnaround plan: Triage, Stabilise and Sustain, particularly under the first phase, Triage, to transform the company into a balanced real estate player with the immediate goal of strengthening financial performance via, among others, monetisation of non-strategic lands.
KPS says lawsuit against the group alleging land fraud in Kuala Langat involves a 42-year-old deal
“We are currently collating and reviewing pertinent documentation from 42 years ago and will be providing response via announcements to Bursa Securities and other related channels on material development in this case,” said KPS managing director cum group chief executive officer Ahmad Fariz Hassan in a press statement filed with Bursa Malaysia on Wednesday.
BNM keeps OPR at 3% in last MPC meeting of 2023
This is despite calls from some quarters for the central bank to raise the key interest rate to help stabilise the ringgit, which is near a 25-year low against the US dollar.
TA Securities sees Penang property market as prominent investment opportunity
“Despite the PSI project being scaled down by scrapping Island B and Island C, we are not overly disappointed as the local government still maintains its plan to develop Island A (Silicon Island) with more concrete details and a timeline.
EcoFirst to have RM9.2m net gain despite selling eight retail units at lower than market price in related party transaction
In a filing with Bursa Malaysia on Wednesday, the property developer said the total gain from the disposal of the 15 units is higher than the total original investment cost by approximately RM9.
Glomac CEO urges deferment of 4% stamp duty on foreign buyers as property, construction sectors not back in 'era of stability'
Datuk Seri Fateh Iskandar Mansor said it is not the best time for the government to implement such measures as the local property market is slowly recovering from the Covid-19 pandemic and headwinds from rising inflationary pressures.
Majestic Gen’s Majestic Residence achieves 85% take-up since weekend launch
With a gross development value of RM384 million, Majestic Residence sits on a 0.
EcoFirst sells 15 retail units from newly completed project to major shareholder for RM23.8m
In a bourse filing on Friday, EcoFirst said the proposed disposal provides an opportunity for the company to realise the value of these properties, which have appreciated since the project's completion in 2019.
Plenitude registers 50% take-up for Hibiscus @ Impian Hills in Johor
With a gross development value (GDV) of RM1.
