RM57b worth of housing loans approved for first-time homebuyers till September
KUALA LUMPUR (Dec 7): Home loans worth RM57 billion were approved by banking institutions to 142,558 first-time homebuyers from January until September this year.
Gamuda targets RM6b to RM8b orderbook replenishment in FY18
SHAH ALAM (Dec 7): Gamuda Bhd has targeted to replenish its construction orderbook by between RM6 billion and RM8 billion for its financial year ending July 31, 2018 (FY18).
Contactors may see supply chain overstretched in coming years — Gamuda CEO
SHAH ALAM (Dec 7): Local contractors may face cost pressures from a tightening supply chain in the years to come, according to Gamuda Bhd group managing director Datuk Lin Yun Ling.
Developers can still build offices, malls with 'justification' — Johari
KUALA LUMPUR (Dec 5): Despite an announced freeze of approvals for shopping complexes, offices and condominiums priced above RM1 million, developers can still build offices and shopping malls, provided they justify their projects to the relevant minister, according to second finance minister Datuk Johari Abdul Ghani.
Matrix Concepts still undervalued, says chairman
KUALA LUMPUR (Dec 4): Despite booking a 14% year-to-date gain closing at RM2.
Underground land acquisitions now regulated nationally
PETALING JAYA (Dec 2): The National Land Council (MTN) has agreed to set a minimum depth for acquisition of underground land for development purposes, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.
KL-Klang BRT project cancelled due to LRT3
KUALA LUMPUR (Nov 29): The government has cancelled the Kuala Lumpur-Klang bus rapid transit (BRT) project as the service will overlap with the proposed light rail transit 3 (LRT3) project, the Dewan Rakyat was told yesterday.
Finance Minister II: Recent developments freeze to eliminate non-serious players in property industry
KUALA LUMPUR (Nov 28): Putrajaya's recent freeze on new developments of shopping malls, offices, serviced apartments and condominiums priced above RM1 million is intended to eliminate property players who are "not serious" from the industry as they will "kill the serious developers", said Finance Minister II Datuk Seri Johari Abdul Ghani.
Mandatory wiring checks for all houses to begin next year
PETALING JAYA (Nov 28): Starting next year, all houses will have to undergo mandatory checks on electrical wiring every 10 years, according to a Bernama report.
EcoWorld's Eco Business Park 1 wins at Malaysia Property Award 2017
PETALING JAYA (Nov 25): Eco Business Park 1 (EBP 1) by Eco World Development Group Bhd (EcoWorld) won in the industrial category at the Malaysia Property Award 2017 tonight.
