Best Western i-City opens

SHAH ALAM: Selangor’s i-City will see RM700 million investments in three hotels and a total accommodation of 1,000 rooms in the near future.

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THE EDGE REIF 2015: Pre-GST’s 1Q2015 saw minimal change in property market

PETALING JAYA (April 25): There was minimal change in transacted volumes and values in the first quarter of this year (1Q2015) as the property market readied itself for the Goods and Services Tax (GST), said Reapfield Academy Sdn Bhd group CEO and president Dr Gerald Kho (pictured) during his presentation on the topic “Post-GST – The Real Impact on Buyers” at The Edge Investment Forum on Real Estate 2015 today.

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THE EDGE REIF 2015: Higher cost, margin compression pressure for developers with GST

PETALING JAYA (April 25): Developers will experience higher cost of inputs and margin compression pressure after the implementation of Good and Services Tax (GST), said Sunway Bhd’s managing director of property development division of Malaysia and Singapore, Sarena Cheah (pictured) during her presentation on “Post-GST -- The Real Impact on Buyers” at the The Edge Investment Forum on Real Estate 2015 today.

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THE EDGE REIF 2015: Knowledge of GST penalties important

PETALING JAYA (April 25): Deputy president of the Real Estate and Housing Developers’ Association (REHDA) Malaysia Datuk Soam Heng Choon (pictured), has cleared the air for property purchasers, stating that while the rules surrounding Goods and Services Tax (GST) are still vague for most people, it will bode well for buyers to download the regulation manual and understand it.

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UPDATE KLCC Stapled eyes two multibillion ringgit assets

KUALA LUMPUR (April 17): KLCC Stapled Group, which is made up of KLCC Property Holdings Bhd (KLCC Prop) and KLCC Real Estate Investment Trust (KLCC REIT), is mulling the addition of two multibillion ringgit prime land assets here to its portfolio from its parent company, Petroliam Nasional Bhd (Petronas).

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