The value of New Village property

Oct 25

Decades-old rundown wooden houses with zinc roofs, interspersed with the occasional newer brick and mortar abodes is what you’ll see when passing through a New Village or Chinese New Village in Malaysia.

Shenzhen moves to build houses for people, not for profit

Oct 25

Shenzhen (Oct 25): In a move to stem its property prices from soaring beyond the grasp of ordinary folks like in Hong Kong, Shenzhen is introducing a new reform to its housing system.

1MDB asset forfeiture: High Court defers Yayasan Tun Hussein Onn hearing to Nov 15

Oct 25

KUALA LUMPUR (Oct 25): The High Court here has today deferred the hearing of 1Malaysia Development Bhd (1MDB)-linked asset forfeiture proceedings against the Tun Hussein Onn Foundation to Nov 15 from Nov 4 this year.

Hua Yang sales in Penang, Johor, Klang Valley seen on track

Oct 25

Hua Yang Bhd (Oct 24, 33 sen) Maintain market perform with a lower target price (TP) of 33 sen: The first half of financial year 2020 (1HFY20) core net profit (CNP) of RM4.

CIMB, PLUS reach settlement over RFID system dispute

Oct 25

KUALA LUMPUR (Oct 25): CIMB Group Holdings Bhd and PLUS Malaysia Bhd have worked out a settlement agreement that puts an end to the joint venture partners’ dispute over PLUS’ decision to launch its own toll collection system.

Pavilion REIT 3Q NPI slips on higher expenses, pays 2.04 sen

Oct 25

KUALA LUMPUR (Oct 25): Pavilion Real Estate Investment Trust’s (REIT) net property income fell 3.

1MDB-Tanore trial: Defence seeks MACC documents from whistle-blower Justo

Oct 24

KUALA LUMPUR (Oct 24): Datuk Seri Najib Abdul Razak has filed a motion to compel the prosecution in the 1MDB-Tanore trial to hand over documents it obtained from the Malaysian Anti-Corruption Commission (MACC) vide a pendrive from former PetroSaudi International Ltd (PSI) employee Xavier Andre Justo.

Let the property market adjust itself, economist says on price threshold

Oct 24

KUALA LUMPUR (Oct 24): Economist Muhammed Abdul Khalid said the government should not adjust the price threshold for foreigners to buy houses and let the property market adjust itself, according to a report today in Free Malaysia Today.