Encorp sues contractor over delays and subpar work
KUALA LUMPUR (April 11): A unit of property developer Encorp Bhd has filed a lawsuit against its contractor to claim for liquidated damages of RM24.
UK new homes shrink to 1940s housing sizes
PETALING JAYA (April 11): The UK’s new home sizes have contracted to levels seen during 80 years ago, underscoring growing concerns over small homes that lie at the heart of the country’s housing crisis, reported the South China Morning Post.
Grand-Flo to go into construction
KUALA LUMPUR (April 11): Home-grown tracking solutions provider Grand-Flo Bhd is buying the remaining 49.
Fajarbaru buys stake to embark on third Australian project
KUALA LUMPUR (April 11): Fajarbaru Builder Group Bhd has, via its unit, bought 98 shares or a 49% stake in Australian firm Beulah Northcote Land Pty Ltd (BNL), for A$98 (RM290.
KWAP ceases to be WCT substantial shareholder
KUALA LUMPUR (April 9): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has ceased to be a substantial shareholder of WCT Holdings Bhd following the disposal of 7 million shares or a 0.
Inta Bina undeterred by property market slowdown
KUALA LUMPUR (April 9): In spite of the soft property market, building contractor Inta Bina Group Bhd is not unduly worried.
KFH puts Menara Prestige on market, eyes up to RM750m
PETALING JAYA (April 7): Kuwait Finance House (KFH) is putting up its Grade A, 36-storey Menara Prestige near KLCC up for sale, reported The Edge weekly.
Dewan Rakyat passes Limitation, Arbitration bills
KUALA LUMPUR (April 4): The Dewan Rakyat yesterday passed the Limitation (Amendment) Bill 2018, which extends the time limit of up to three years to house buyers to lodge a complaint over latent defects in their properties, Bernama reported.
Opportunity for Terengganu folk to own homes
KUALA LUMPUR (April 3): Up to 300 units of 1Malaysia People’s Housing project (PR1MA) homes would be built in each state constituency, Terengganu Menteri Besar Datuk Seri Ahmad Razif Abd Rahman, revealed yesterday.
Pavilion REIT growth to moderate in near to medium term
Pavilion Real Estate Investment Trust (April 2, RM1.
