News about REA

We asked several property experts and agents on their views on the lack of changes or announcements on Real Property Gains Tax (RPGT) and Developers Interest Bearing Scheme (DIBS) for Budget2016.

WCT Holdings Bhd (Oct 20, RM1.

KUALA LUMPUR (Oct 21): WCT Holdings Bhd is expected to reap only about RM60 million in pre-tax profit from the RM754.

  Dubai (Oct 20): Majid Al Futtaim, the leading retailer in Middle East,has achieved the highest “Green Star” status for the second year in a row from the Global Real Estate Sustainability Benchmark (Gresb).

GEORGE TOWN (Oct 20): 1MDB Real Estate Sdn Bhd (1MDBRE) yesterday awarded WCT Holdings Bhd a RM754.

THE current cautious sentiment and oversupply situation in Iskandar Malaysia are making it tough for developers and investors to unload their properties — it can take months to dispose of a property and even then, it may have to come with a double-digit price cut, according to Chestertons Singapore managing director Donald Han.

DONE DEAL: 2-storey terraced house, Taman Bukit Serdang, Selangor Sold for: RM638,000 Concluded by: Raymond Kwong of Hartamas Real Estate (KD) Sdn Bhd (016-3355152) When: September, 2015 Noteworthy: *Freehold *4-bedrooms and 3-bathrooms *22ft x 75ft land area *1,800 sq ft built-up *Faces north *Extended kitchen Taman Bukit Serdang is a mixed-use development township project developed by Bukit Ciri Sdn Bhd.

HARTAMAS Real Estate (Malaysia) Sdn Bhd founder and group managing director Eric Lim is all smiles when The Edge Property meets up with him.

“I’M not the smartest person.

ZERIN Properties took the titles of Most Innovative Firm of the Year and Real Estate Website of the Year at the National Real Estate Awards last weekend.