Car park charges at new LRT stations fixed at RM4 per entry from Monday
KUALA LUMPUR (Aug 12): Light rail transit (LRT) commuters will be required to pay RM4 per entry per day for parking at the new LRT stations come Monday.
Knight Frank Malaysia: Retail industry being held back by consumers’ weak sentiments
PETALING JAYA (Aug 11): Consumer spending remains a key challenge in the Malaysian retail industry with many continuing to hold back on purchases due to growing concerns on the rising cost of living and weaker job prospects, said property consultancy firm Knight Frank Malaysia in its Real Estates Insights research report for 1H2016.
Ajiya signs MoU for a PR1MA project in Sarawak
KUALA LUMPUR (Aug 10): Ajiya Bhd will partner Sarawak-based IMAG Development & Construction Sdn Bhd (Imag) to develop a housing project to be awarded by Prima Corporation Malaysia (PR1MA).
MBSB's 2Q net profit down 26% on impairment losses
KUALA LUMPUR (Aug 8): Malaysia Building Society Bhd (MBSB) posted a 26.
Stronger quarters ahead expected for Axis REIT
Axis Real Estate Investment Trust (Aug 5, RM1.
Malaysian houses priced up to RM165,060 'considered affordable', says Finance Ministry
KUALA LUMPUR (Aug 3): Malaysian houses priced up to RM165,060 each are "considered affordable" to the median Malaysian household, but only 21% of housing launches in the country were priced below RM250,000 in 2014.
KLCC Stapled’s distributable income rises 3.8%, pays 8.6 sen distribution
KUALA LUMPUR (Aug 3): KLCC Stapled Group, comprising KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (KLCC REIT), recorded a total realised distributable income of RM167.
Bina Puri’s construction order book stands estimated at RM2 bil
Bina Puri Holdings Bhd (Aug 2, RM0.
Frasers Centrepoint adds to prime industrial site in Australia
SINGAPORE (Aug 2): Frasers Centrepoint Ltd’s Australian unit, Frasers Property Australia (formerly Australand), on Tuesday announced it is acquiring a 10ha site adjacent to its Eastern Creek Business Park in western Sydney.
Weak ringgit prompts Malaysians to invest more offshore
KUALA LUMPUR (Aug 2): Malaysians are looking at offshore investments to diversify from ringgit-denominated assets, considering that the exchange rate of the local currency does not fare well in the low crude oil price environment.
