AmanahRaya REIT to dispose of land
KUALA LUMPUR: AmanahRaya Real Estate Investment Trust (REIT) has proposed to sell a piece of freehold land in Shah Alam to Nippon Express (M) Sdn Bhd for RM105 million.
Ekovest posts flat 1Q net profit
KUALA LUMPUR (Nov 28): Ekovest Bhd, controlled by tycoon Tan Sri Lim Kang Hoo, reported a flat net profit for the first financial quarter ended Sept 30, 2017 (1QFY18), as higher sales recognition from its property development projects was offset by lower profits from its construction operations.
Gains from land disposal boosts YTL Land & Development’s profit by over nine times
KUALA LUMPUR (Nov 22): YTL Land & Development Bhd's net profit surged by more than nine times to RM78.
CIMB: Malaysia's move to freeze luxury property project approval 'positive'
KUALA LUMPUR (Nov 20): CIMB Investment Bank Bhd said Malaysia's move to freeze approvals for development of shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million here, will address the oversupply situation in the country's property market.
UPDATE: Jalan Medang Tanduk reopens following landslide
PETALING JAYA (Nov 19): Jalan Medang Tanduk at Bukit Bandaraya, Bangsar, has reopened following a landslide caused by a slope retaining wall collapsing at 11.
Jalan Medang Tanduk in Bangsar closed after retaining wall collapses
PETALING JAYA (Nov 19): Jalan Medang Tanduk at Bukit Bandaraya, Bangsar, will be closed for the foreseeable future after a hillslope retaining wall collapsed at 11.
Cabinet orders DBKL to halt approvals for four types of developments
PETALING JAYA (Nov 18): The Cabinet has directed Dewan Bandaraya Kuala Lumpur (DBKL) to freeze approvals for four types of developments following a study by Bank Negara Malaysia (BNM) that raised the alarm on a glut in these buildings.
Instead of building affordable homes, make homes affordable for all
PETALING JAYA (Oct 6): Instead of seeing affordable housing as a specific segment, homes should be made generally affordable for all citizens, said Khazanah Research Institute director of research Dr Suraya Ismail.
Al-Salam REIT to acquire Mydin in Terengganu for RM155m
KUALA LUMPUR (Oct 4): Al-Salam Real Estate Investment Trust (REIT), via its trustee Amanahraya Trustees Bhd, is planning to buy the Mydin hypermarket in Gong Badak, Terengganu, for RM155 million.
