MM2H applicants down by half
SOURCE: MM2H THE number of applicants for the Malaysia My Second Home (MM2H) scheme had decreased by almost half last year from the previous year, according to statistics available on the MM2H website.
Best Western Hotels & Resorts expands in Thailand
BANGKOK (April 8): Best Western Hotels & Resorts signed its largest ever multi-hotel agreement with real estate developer AD Houses Co Ltd, which will lead to the opening of four Best Western Plus hotels in Thailand this year.
Sime Darby Property confident of RM2.5b sales by June
PETALING JAYA (April 8): Sime Darby Property, the property arm of Sime Darby Bhd, is confident of achieving its sales target of RM2.
UK and Australian academics to present papers at IRERS
PETALING JAYA (April 8): The International Real Estate Research Symposium 2016 (IRERS) organised by The National Institute of Valuation (INSPEN) will see several eminent professors from the UK and Australia presenting papers based on the theme of this year’s symposium – Leading the Way: Innovation in Real Estate.
‘Mortgage rejection rates not as high as 50%’
KUALA LUMPUR (April 8): Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias (pictured), who is also chairman of the Association of Banks Malaysia (ABM), refuted claims that the rejection rate of housing loans has soared above 50% among the banks.
Mah Sing: MyDeposit good for homebuyers and us
PETALING JAYA (April 7): The First Home Deposit Funding Scheme (MyDeposit) is a good move to increase home ownership among Malaysians and will also benefit Mah Sing Group Bhd as the company offers a number of properties that qualify for the scheme, said its group managing director and group chief executive Tan Sri Leong Hoy Kum in a press release today.
Gabungan AQRS to sell land for RM50 mil to reduce gearing
KUALA LUMPUR (April 9): Gabungan AQRS Bhd, a construction and engineering service provider as well as niche property developer, said its subsidiary is selling a piece of land for RM50.
The vanguard of green cities in Malaysia
FIVE years into the launch of the Low Carbon Cities Framework (LCCF) in Malaysia, we are starting to see some progress.
Desa Kudalari land has drawn interest from local and foreign buyers
KUALA LUMPUR (April 6): Property consultancy CH Williams Talhar and Wong Sdn Bhd (WTW) has received a number of enquiries from local and foreign buyers – including investment funds and developers – to bid for the 7.
Federal government willing to give input on RM27b Penang Transport Master Plan
GEORGE TOWN (April 6): The Federal Government is willing to provide input on the RM27 billion Penang Transport Master Plan (PTMP), according to Works Minister Datuk Seri Fadillah Yusof (pictured).
