THE EDGE REIF 2015: Property market to normalise in 2H2015

PETALING JAYA (April 25): The local property market will normalise in 2015 as market sentiment adapt to the recently implemented Goods and Services Tax (GST), said Previndran Singhe (pictured), founder and CEO of Zerin Properties at the The Edge Investment Forum on Real Estate 2015 today.

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Ireka expects returns from Aseana investment this year

KUALA LUMPUR (April 24): Aseana Properties Ltd, a London-listed property developer which is 23%-owned by Malaysian developer Ireka Corp Bhd, plans to sell some of its property assets and return the capital to shareholders this year, Ireka group managing director Lai Voon Hon (pictured) said in The Edge Financial Daily today.

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Property developers urged to go green

KUALA LUMPUR (April 24): Malaysian property developers can halt the degradation of the environment and go green by improving their corporate social responsibility practices, said Deputy Minister of Urban Well-Being, Housing and Local Government Datuk Halimah Mohamed Sadique.

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Ceiling price of PR1MA homes remains at RM400,000

KUALA LUMPUR (April 21): PR1MA Corporation Malaysia (PR1MA) said yesterday the ceiling price of its homes remained at RM400,000, despite its joint ventures with private developers to build affordable homes for Malaysians, according to a report by The Malaysian Insider carried by The Edge Financial Daily today.

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