New special ‘step-up’ end-financing scheme PR1MA
Property sector Maintain neutral: In the Budget 2017 announced last Friday, the government announced a new special “step-up” end-financing scheme for PR1MA (1Malaysia People’s Housing Programme).
Good intentions behind Budget 2017 but implementation is key: Rehda Selangor
PETALING JAYA (Oct 25): The good intentions behind the measures to increase the supply of affordable housing announced in the recently tabled Budget 2017 may be good but they would need effective implementation, said the Selangor branch chairman of the Real Estate and Housing Developers' Association Malaysia (Rehda), Zulkifly Garib.
Parkwood unveils industrial park in Shah Alam
KUALA LUMPUR (Oct 25): Parkwood Developments Sdn Bhd, the property arm of steel pipe-maker Amalgamated Industrial Steel Bhd, has unveiled its maiden property project called Avant Industrial Park in Section 15, Shah Alam.
Ekovest bags RM255.5 mil beautification job from DBKL
KUALA LUMPUR (Oct 25): Ekovest Bhd has bagged a RM255.
Developers may cut prices to ease cash flow in challenging market
PETALING JAYA (Oct 25): This is the time for those looking to buy properties to look out for “bargains” as the challenging property market may prompt some developers to lower prices, said Datuk Steve Chong, the Johor branch chairman of the Real Estate and Housing Developers’ Association Malaysia (Rehda).
Curiosity arises over Selangor Dredging’s land sale in Damansara Heights
LAST week, Selangor Dredging Bhd (SDB) announced to Bursa Malaysia that it has entered into an agreement to sell 16 parcels of land in Damansara Heights to a little-known company, Bukit Selesa Development Sdn Bhd (BSDSB), for RM71 million cash.
