Seoul’s unaffordable housing market show signs of cooling down
SEOUL (Feb 8): With Seoul’s presidential vote due in March, the capital’s housing market is starting to show signs of cooling off, according to Reuters.
Sheda: Minimum wage hike may increase unemployment rate
KUCHING (Feb 8): An increase of the minimum wage may lead to an increase of unemployment rate as employers may end up hiring fewer workers due to the high cost, said Sarawak Housing and Real Estate Developers’ Association (Sheda) president Augustine Wong Chung Ho.
Building affordable homes with digitalisation efforts
PETALING JAYA (Feb 7): Boustead Properties aims to build affordable homes that are sustainable and environmentally friendly, driven with technological solutions, according to a report by The Malaysian Reserve.
DONE DEAL: Three-storey terrace at USJ Heights, Selangor
Read also DONE DEAL: Factory at Port Klang, Selangor DONE DEAL: Agricultural land at Sepang, Selangor Developed by Sime Darby Property, USJ Heights is an exclusive gated and guarded low-density neighbourhood comprising bungalows, superlink houses and villas.
Relocate Tanjung Aru residents to nearby PPRs location
KOTA KINABALU (Jan 26): The Tanjung Aru Community Development Leader Unit (UPPM) has urged the Sabah Housing and Town Development Board (LPPB) to identify a nearby People’s Housing Project (PPR) for the Tanjung Aru Flat residents after the latter had informed them to vacate their homes due to safety reasons, reported by The Borneo Post.
Tap into development opportunities amidst Nusantara’s development for Sarawak’s construction companies
KUCHING (Jan 23): Construction companies in Sarawak have been encouraged by Datuk Seri Abdul Karim Rahman Hamzah to tap into infrastructure development opportunities in East Kalimantan with the advent of Indonesia’s new capital, Nusantara, reported by Borneo Post Online Sarawak is in a good position to tap into the opportunity as Sarawak is located just next to Kalimantan, said the Minister of Tourism, Creative Industry and Performing Arts of Sarawak during a press conference on the launch of the Largest Sarawak Themed Mural Painting at the Borneo Convention Centre Kuching on Friday (Jan 21).
HIL Industries gets nod to undertake JVs for residential developments worth RM471m GDV in Klang Valley
KUALA LUMPUR (Jan 13): HIL Industries Bhd received its shareholders’ approval at the extraordinary general meeting on Wednesday (Jan 12) to undertake residential development joint ventures (JVs) on five parcels of land in Sungai Buloh, Klang and Jugra in Selangor.
PPP could be solutions for unbuilt low-cost housing in Johor
JOHOR (Jan 12): It is hoped that the public-private partnership (PPP) programme will be able to solve the unbuilt low-cost housing issue in Johor, says Real Estate and Housing Developers Association (Rehda) in a report by The Star.
CBRE | WTW cautiously optimistic for moderate growth in 2022's property market
KUALA LUMPUR (Jan 12): The property market, which was subdued last year, is expected to see moderate growth in 2022, in tandem with expected recovery of the global economy, said CBRE | WTW Group Managing Director, Foo Gee Jen during the media launch of the real estate consultancy’s 2022 Market Outlook Report at the Malaysia International Trade and Exhibition Centre on Tuesday (Jan 11) morning.
