Gaining a foothold in the short-term rental business
Have a property but can’t find a buyer? Consider rental.
Rehda's definition of affordable house price is inaccurate, says BNM
KUALA LUMPUR (May 5): Bank Negara Malaysia (BNM) said yesterday the definition of affordable houses quoted by the Real Estate and Housing Developers’ Association (Rehda) as being in the price range of RM300,000 to RM500,000 is inaccurate.
SKH pulls out as managing contractor for Terengganu development
KUALA LUMPUR (May 4): SKH Consortium Bhd announced today it is pulling out as the managing contractor for a Terengganu development for which it was appointed in 2015, to mitigate business and financial risks it was exposed to.
SunREIT appoints Irene Sin as CFO
KUALA LUMPUR (May 4): Irene Sin May Lin has been named the new chief financial officer of Sunway Real Estate Investment Trust (SunREIT).
MRCB minority shareholders advised to accept MX-1, Bukit Jalil Sentral constructions
KUALA LUMPUR (May 4): Minority shareholders of Malaysian Resources Corp Bhd (MRCB) have been advised to vote in favour of a management contract between its 70%-owned unit Kwasa Sentral Sdn Bhd and MRCB Land Sdn Bhd, a wholly-owned subsidiary of MRCB, to jointly develop the town centre of the Kwasa Damansara township on 64.
Will GE14 be the next catalyst for the property market?
Many expect clarity to the political landscape in Malaysia after the 14th General Election (GE14) which will be held next week.
Homes near LRT/MRT among 2017’s best performers
Despite the current property market slowdown, there are still some residential properties in Kuala Lumpur and Selangor that have seen strong transacted price growth in 2017.
JKPTG mulls reduced majority consent, tribunal to ease en bloc strata sales
PUTRAJAYA (May 4): The Department of Director General of Land and Mines (JKPTG) under the Natural Resources and Environment Ministry is currently exploring new ways, including changes in legislation, to facilitate strata property renewals or redevelopments in Malaysia.
Sunway REIT's 3Q NPI up 5.1%, declares 2.37 sen DPU
KUALA LUMPUR (May 4): Sunway Real Estate Investment Trust's (Sunway REIT) net property income (NPI) grew 5.
