News about Malaysia

KUALA LUMPUR (March 27): Construction services firm GDB Holdings Bhd made a lacklustre debut on the ACE Market of Bursa Malaysia this morning.

KUALA LUMPUR (March 27): Malaysian Resources Corp Bhd (MRCB) has bagged an RM11 billion contract to undertake project management services for a proposed mixed development in Bukit Jalil here.

KUALA LUMPUR (March 26): The Bursa Malaysia property index fell 8.

PETALING JAYA (March 24): Specialty retail stores – which include sporting goods and F & B – are expected to grow by 6.

PETALING JAYA (March 24): Malaysian Resources Corp Bhd’s (MRCB) sale of a prime tract of land on Jalan Kia Peng that housed the official residence of the German ambassador to Malaysia at RM3,973.

KUALA LUMPUR (March 24): Eco Botanic Sdn Bhd has issued RM150 million of unrated medium term notes (MTN) with a tenure of three to five years, of which RM100 million is guaranteed by Danajamin Nasional Bhd.

Bubble, bubble’, toil and trouble? Bubble can be a scary word for property investors because it means that real estate prices are inflating rapidly over a short period without the support of underlying fundamentals or demand.

JOHOR BAHRU: Despite the challenging real estate market, Country Garden Malaysia has managed to achieve a decent take-up rate of more than 70% for its new property launches in Malaysia last year.

KUALA LUMPUR (March 23): There is a mismatch between the type of houses built under the 1Malaysia People’s Housing Scheme (PR1MA) and the demand for them.

A home design that was relevant and favourable 10 years ago may not be the “in” design today.