EcoWorld moves up the rankings
PETALING JAYA (Oct 30): Relative newcomer Eco World Development Group Bhd (EcoWorld) ranked fifth in The Edge Malaysia Top Property Developers Awards 2017, following its sixth place last year.
Think tanks: More could be done to boost property sector
PETALING JAYA (Oct 27): While the measures announced by Prime Minister Datuk Seri Najib Razak in Budget 2018 for the housing sector show that the government is continuously trying to help first-time homebuyers, more could be done, said think tanks.
MRT Corp: MRT 3 will be delivered on time and within budget
KUALA LUMPUR (Oct 27): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said it will ensure that the Mass Rapid Transit Line 3 (MRT 3) or the Circle Line will be delivered on time and within budget.
BBCC welcomes the first Canopy by Hilton in Southeast Asia
KUALA LUMPUR (Oct 27): Bukit Bintang City Centre (BBCC) at the former Pudu Prison site in Kuala Lumpur will house the first Canopy by Hilton in Southeast Asia, following the signing of a sale and purchase agreement.
WCT to list REIT in mid-2018, may inject Paradigm Mall JB — Affin Hwang IB
KUALA LUMPUR (Oct 27): WCT Holdings Bhd is expected to list its real estate investment trust (REIT) in mid-2018, after it had had delayed the listing of the property trust that was scheduled by end-2017, according to Affin Hwang Investment Bank Bhd (Affin Hwang IB).
Association seeks tax-free dividends for REITs
KUALA LUMPUR (Oct 27): While Malaysia imposes a lower rate of withholding tax on dividends paid to retail investors of real estate investment trusts (REITs) compared with many other countries, the Malaysian REIT Managers Association (MRMA) is of the view that a total tax exemption should be given to attract more investments.
REIT Index to spur more diverse offerings in Bursa Malaysia
KUALA LUMPUR (Oct 26): Bursa Malaysia is hopeful that its newly launched Real Estate Investment Trust (REIT) Index will spur the listing of more diverse products in the future, such as alternative REITs and exchange-traded funds (ETFs) among others.
MRCB’s rights issue oversubscribed 7.37%
KUALA LUMPUR (Oct 26): Malaysian Resources Corp Bhd’s (MRCB) rights issue has been oversubscribed by 7.
Vote for your favourite home design to win a pair of movie tickets!
PETALING JAYA (Oct 23): Need inspiration to re-design your home’s interior? Just check out the entries of the EdgeProp.
Mah Sing aborts deal to purchase land near lake
KUALA LUMPUR (Oct 20): Mah Sing Group Bhd has terminated the proposed deal to buy five parcels of adjoining freehold land, with a total net land area measuring approximately 3.
