MM2H applicants down by half
SOURCE: MM2H THE number of applicants for the Malaysia My Second Home (MM2H) scheme had decreased by almost half last year from the previous year, according to statistics available on the MM2H website.
Eastern & Oriental’s UK IPO delayed by Brexit concerns
Eastern & Oriental Bhd (April 6, RM1.
EPF buys RM1.1 bil worth of assets in the UK
KUALA LUMPUR (April 9): The Employees Provident Fund (EPF) has bought a portfolio of industrial and logistics assets in the United Kingdom from IM Properties plc, one of the largest British privately owned property groups, for close to £200 million (RM1.
Gabungan AQRS to sell land for RM50 mil to reduce gearing
KUALA LUMPUR (April 9): Gabungan AQRS Bhd, a construction and engineering service provider as well as niche property developer, said its subsidiary is selling a piece of land for RM50.
PM Najib says government to build 5,000 affordable homes in Sarawak
KUALA LUMPUR (April 5): Prime Minister Datuk Seri Najib Tun Razak (pictured) said the Government would build another 5,000 affordable houses in Miri and Kuching, Sarawak, to ensure more people could own comfortable and safe residential units.
IJM partners Facebook to bring its staff worldwide closer
KUALA LUMPUR (April 5): IJM Corp Bhd announced a groundbreaking partnership with Facebook last Friday, to bring the business version of Facebook to its 4,600-odd employees across the group.
Good intentions could elevate household debt
REAL estate developers have become more creative in luring prospective homebuyers into committing to a purchase, even as property price growth in the country moderates.
Bandar Rimbayu’s Penduline first phase achieves 90% sales
PETALING JAYA (April 2): The first phase of Penduline’s two-storey terraced homes which comprise 246 units has achieved a take-up rate of 90% following its launch last November, said Bandar Rimbayu senior sales manager Susan Teh.
Sunway invests RM875m to expand hospitality unit
PETALING JAYA (April 1): Sunway Hotels & Resorts, the hospitality arm of property-construction conglomerate Sunway Group, will invest RM875 million to facilitate the redevelopment and expansion of its hotels across Malaysia, Cambodia and Vietnam.
