LB Aluminium diversifies into property development
KUALA LUMPUR (Aug 15): LB Aluminium Bhd is acquiring 20% equity interest in Vistarena Development Sdn Bhd for RM6 million cash, as it seeks to expand into property development.
Johor to improve rent-to-own housing scheme
KUALA LUMPUR (Aug 14): The new Johor government will continue and even improve the state’s rent-to-own housing programme started by the previous Barisan Nasional state administration.
MQReit 2Q net profit up 6.5% to RM23.49m
KUALA LUMPUR (Aug 8): MRCB-Quill REIT (MQReit)'s net profit for the second quarter ended June 30, 2018 rose 6.
Registered negotiators urged to renew REN tags within four months
PETALING JAYA (Aug 3): The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) has urged all real estate negotiators (REN) to renew their REN identification tags for 2019.
Khazanah board’s quit offer casts spotlight on govt transparency
KUALA LUMPUR (July 27): The move by all nine Khazanah Nasional Bhd board members to offer their resignation to the government is “appropriate” as it will give the government ample opportunity to reinvent the sovereign wealth fund, said academician Prof Edmund Terence Gomez.
Seri Teratai: Penang CM’s residence to undergo repairs
GEORGE TOWN (July 26): Seri Teratai, the official residence of the Penang Chief Minister will require some minor repairs and and renovation.
KL city centre's tight leasing market pushing owners to short-term rentals
PETALING JAYA (July 26): As residential property leasing market becomes challenging in the Kuala Lumpur city centre due to oversupply, Knight Frank Malaysia observed more owners turning to short-term leasing for higher yield in 1H18.
Class ordered closed in Taman Tun over hand, foot and mouth disease
KUALA LUMPUR (July 26): A class at Sekolah Rendah Taman Tun Dr Ismail 2 here was ordered to close today owing to the hand, foot and mouth disease (HFMD).
‘Rentals can be a viable alternative to homeownership’
KUALA LUMPUR (July 25): Malaysia has to strengthen the legal framework of the local rental market to nurture renting as a viable alternative to homeownership, said Messrs Amir Toh Francis & Partners advocate and solicitor Ivan Chan.
