LBS launches first 2018 project as company eyes RM1.8b sales
KUALA LUMPUR (Jan 11): LBS Bina Group Bhd had today launched its first property project in 2018, a planned RM954.
Finance Minister II neither denies nor confirms MoF’s acquisition of 51% stake in TRX office tower developer
KUALA LUMPUR (Jan 11): Minister of Finance II Datuk Seri Johari Abdul Ghani did not confirm or deny a report stating that the Minister of Finance (MoF) had bought a 51% stake in Mulia Property Development Sdn Bhd — the developer of The Exchange 106 at the Tun Razak Exchange in Kuala Lumpur.
Property managers will now be regulated under BOVAEP
KUALA LUMPUR (Jan 11): With the amendment to the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 that was passed on Oct 17, 2017 and gazetted Jan 2, 2018, property managers are now required to register themselves with the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).
IDEAS: Development freeze “excessive demonstration of govt powers”
KUALA LUMPUR (Jan 11): Putrajaya’s orders to indefinitely freeze approvals for four types of developments is an “excessive demonstration of government powers to suppress the free market”, said the Institute for Democracy and Economic Affairs (IDEAS) in a statement.
Ayer Holdings plans two new residential launches in 2H18
PUCHONG (Jan 10): Plantation and property group Ayer Holdings Bhd (formerly known as TAHPS Group Bhd) is looking at launching two new projects in its Bukit Puchong township in the second half of this year (2H18), said group CEO Eugene Khoo.
Yong Tai signs offtake agreements for one million tickets of Encore Melaka show
KUALA LUMPUR (Jan 8): Yong Tai Bhd today signed offtake agreements with six travel agencies for a total of one million tickets annually for their Impression Series – Encore Melaka, their first show which is scheduled to premiere by the second quarter of this year.
SPNB Mesra to build 8,000 RMR1M homes this year
PETALING JAYA (Jan 8): Syarikat Perumahan Negara Bhd (SPNB) Mesra Sdn Bhd will build 8,000 units of Rumah Mesra Rakyat 1Malaysia (RMR1M) – including 5,000 homes for second generation Felda settlers – across Malaysia this year.
Sime Darby Property lines up slew of launches in City of Elmina for 2018
SHAH ALAM (Jan 8): Sime Darby Property Bhd has lined up a slew of new product launches within its City of Elmina here for 2018, including an affordable housing development under the state government programme Rumah Selangorku.
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Sime Darby Property opens Elmina Interchange in Shah Alam
PETALING JAYA (Jan 8): Sime Darby Property Bhd has unveiled the new Elmina Interchange to give its City of Elmina township residents and Guthrie Corridor Expressway users better access to various parts of the city and its surrounding areas and improve traffic during peak hours.
