Tambun Indah pays 3 sen dividend amid lower profit in 3Q; to launch RM213m GDV projects
KUALA LUMPUR (Nov 22): Tambun Indah Land Bhd, whose third-quarter net profit fell 5.
TA Global sees minimal impact from govt freeze on its luxury development projects
KUALA LUMPUR (Nov 22): TA Global Bhd expects only minimal impact from the recent government freeze on development approvals for shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million.
Malaysia luxury property approval freeze 'too vague' — Malton
PETALING JAYA (Nov 22): Malaysia's move to freeze development approvals for shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million each, is “too vague", Malton Bhd said, on not receiving clearer guidelines from the government.
Rehda wants authorities to reconsider approvals freeze
PETALING JAYA (Nov 21): The Real Estate and Housing Developers Association (Rehda) Malaysia hopes that the authorities will reconsider the new ruling to freeze approvals of developments, including condominiums priced above RM1 million, it said in a press statement today.
Sime Darby Property happy with Lot 15 take-up
PETALING JAYA (Nov 21): Sime Darby Property Bhd’s latest launch in Subang Jaya, Lot 15 serviced apartment, has achieved a 64% take-up rate of its 204 units for sale during its weekend launch on Nov 18 and 19.
Johari: No U-turn in approval freeze on luxury property projects
KUALA LUMPUR (Nov 21): Second Finance Minister Datuk Seri Johari Abdul Ghani reiterated the need for Malaysia's freeze on development approvals for shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million, to safeguard the banking sector.
Lack of clarity an issue in development freeze directive
PETALING JAYA (Nov 20): There is still a lot of ambiguity in the new ruling to freeze approvals for four types of developments in Kuala Lumpur, said Zerin Properties CEO Previndran Singhe.
Govt now says luxury development freeze not absolute
PETALING JAYA (Nov 20): The Cabinet directive to Dewan Bandaraya Kuala Lumpur (DBKL) to freeze approvals for luxury developments is not absolute, as projects will be evaluated on a case-by-case basis.
UPDATE: Jalan Medang Tanduk reopens following landslide
PETALING JAYA (Nov 19): Jalan Medang Tanduk at Bukit Bandaraya, Bangsar, has reopened following a landslide caused by a slope retaining wall collapsing at 11.
Jalan Medang Tanduk in Bangsar closed after retaining wall collapses
PETALING JAYA (Nov 19): Jalan Medang Tanduk at Bukit Bandaraya, Bangsar, will be closed for the foreseeable future after a hillslope retaining wall collapsed at 11.
