More education needed on strata management, says Rehda
PETALING JAYA (March 29): All stakeholders, particularly the public and property developers, need to be educated on their responsibilities in strata living and management.
YTL REIT seen to deliver EPU growth
YTL Hospitality Real Estate Investment Trust (March 28, RM1.
Rejection rate of housing loan applications drops below average, says Bank Negara
PETALING JAYA (March 28): The rejection rate of housing applications has declined to below the average rate of about a quarter of all cases, said Bank Negara Malaysia (BNM) in its “Financial Stability and Payment Systems Report 2017”.
Investments into the retail sector to continue in 2018
PETALING JAYA (March 28): A Knight Frank Malaysia survey showed that the retail sector is still the top commercial real estate investment this year among key players in the industry despite an oversupply of retail space in the country.
PR1MA launches rewards programme offering privileges, discounts to homeowners and registrants
KUALA LUMPUR (March 27): All Perbadanan PR1MA Malaysia (PR1MA) homeowners and registrants are entitled to exclusive privileges and discounts from a wide range of participating merchants through the newly launched PR1MA HAVEN, a rewards and recognition programme.
Works Ministry to get local authorities to make IBS mandatory
KUALA LUMPUR (March 27): The Ministry of Works said it wants to get local authorities around Malaysia to impose a mandatory ruling for new developments to comply with the requirements for industrialised building system (IBS).
Rise in average accommodation prices in Malaysia
PETALING JAYA (March 27): Average accommodation prices paid in six prominent travel destinations in Malaysia have increased by 4% to 19% y-o-y in 2017, in line with a global uptrend last year.
WCE Holdings makes cash call to fund additional cost of West Coast Expressway
KUALA LUMPUR (March 27): WCE Holdings Bhd has proposed a renounceable rights issue of five-year, zero coupon redeemable convertible unsecured loan stocks (RCULS) and free detachable warrants, in a bid to raise up to RM417.
Malaysia property shares hit by weaker broader market sentiment
KUALA LUMPUR (March 26): The Bursa Malaysia property index fell 8.
First witness in Guan Eng’s graft case casts doubts over his report
GEORGE TOWN (March 26): The first witness in Penang chief minister Lim Guan Eng’s graft case has said he is unsure over the details of his report with the Malaysian Anti-Corruption Commission (MACC) regarding the sale and purchase of Lim’s residential home, casting a doubt over his report.
