News about S

KUALA LUMPUR (Sept 21): Sarawak governor Tun Abdul Taib Mahmud and his family have been accused of using proceeds of corruption into real estate in Canada, Bloomberg reported today.

Malaysian Resources Corp Bhd (Sept 20, RM1.

When Skysuites@Anson was relaunched on July 22, at least 85 of the remaining 128 units in the high-rise condominium tower found buyers.

On Aug 30, Oxley Holdings bought all six units at Toho Green, located on Yio Chu Kang Road, for S$1.

KUALA LUMPUR (Sept 20): Econpile Holdings Bhd has secured an RM18 million contract for the Pavilion Damansara Heights Phase 2 mixed development project.

PETALING JAYA (Sept 20): Most developers are pessimistic on future sales performance, with 76% out of 153 respondents anticipating that their sales will be below 50% in 2H2017 and 1H2018, according to a survey by the Real Estate Housing Developers Association (Rehda) titled “Property industry survey 1H17 and market outlook for 2H17/1H18” in Peninsula Malaysia.

PETALING JAYA (Sept 20): To embrace the current challenging market conditions, more developers are assisting buyers with the 10% downpayment and are lower selling prices to boost sales, according to a recent survey by the Real Estate and Housing Developers’ Association Malaysia (Rehda).

PETALING JAYA (Sept 20): Government incentives are important in encouraging developers to work together in providing more affordable homes to property buyers, said the Real Estate and Housing Developers’ Association Malaysia (Rehda) president Datuk Seri FD Iskandar Mohamed Mansor.

KUALA LUMPUR (Sept 20): EcoFirst Consolidated Bhd fell 5.

KUALA LUMPUR (Sept 20): Scientex Bhd shares rose 3.