‘Quicker approvals for developers who use standardised IBS models’
KUALA LUMPUR (Feb 20): The housing and local government ministry and works ministry have come up with several models of industrialised building system (IBS) homes that, if used by developers in constructing affordable homes, will result in quicker project approvals.
Boustead accepts offer to sell Royale Chulan Bukit Bintang for RM197m
KUALA LUMPUR (Feb 19): Boustead Holdings Bhd announced today it is disposing of its Royale Chulan Bukit Bintang Hotel business to Singapore-based Hotel Royal Ltd for RM197 million.
EPF records 4% decline in 2018 investment income amid challenging year
KUALA LUMPUR (Feb 18): The Employees Provident Fund (EPF) reported a 4.
Tun M: Government intervention is necessary to ensure everyone has a roof over their heads
PUCHONG (Feb 17): Government intervention in the property market is needed to ensure an equitable society that could contribute and support the country's economic growth, said Prime Minister Tun Dr Mahathir Mohamad.
Airbnb says no suitable forms available now for registration of host properties
KUALA LUMPUR (Feb 16): There are currently no registration forms for Airbnb hosts to register their properties with municipal authorities, despite amendments having been made to the Tourism Industry Act recently to extend registration requirements to all homes, said Airbnb.
Sunway REIT 2Q net property income flat; company declares 2.25 sen DPU
KUALA LUMPUR (Feb 15): Sunway Real Estate Investment Trust (REIT) announced a net property income (NPI) of RM104.
Atrium REIT announces put and call option and cash calls related to Penang land deal
KUALA LUMPUR (Feb 13): Atrium Real Estate Investment Trust (REIT) has entered into a put and call option agreement in relation to an RM180 million land deal announced last November.
Knight Frank: More thought and research needed on government’s housing initiatives
PETALING JAYA (Feb 11): The recently launched National Housing Policy 2.