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News about US

Penang to decide on proposal to revise density guidelines soon

Aug 15

PETALING JAYA: The Penang state government will soon make its decision regarding a proposal to revise the current density guidelines to 128 units per acre in order to provide more affordable housing in the state.

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Sunway seeks opportunities amidst an economic downturn

Aug 24

  PETALING JAYA (Aug 13): Some developers might be deterred by the sluggish property market by pushing back their launches but Sunway Property, the property development arm of Sunway Bhd, sees opportunities in the downturn.

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Proposed office development on Desa Sri Hartamas open car park

Aug 12

PETALING JAYA (Aug 12): A 33-storey office block has been proposed for the open car park site in Desa Sri Hartamas (pictured) located at Jalan 19/70A.

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Car park charges at new LRT stations fixed at RM4 per entry from Monday

Aug 12

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.

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Knight Frank Malaysia: Retail industry being held back by consumers’ weak sentiments

Aug 11

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.

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Ajiya signs MoU for a PR1MA project in Sarawak

Aug 10

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).

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MBSB's 2Q net profit down 26% on impairment losses

Aug 08

KUALA LUMPUR (Aug 8): Malaysia Building Society Bhd (MBSB) posted a 26.

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Stronger quarters ahead expected for Axis REIT

Aug 08

Axis Real Estate Investment Trust (Aug 5, RM1.

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Malaysian houses priced up to RM165,060 'considered affordable', says Finance Ministry

Aug 03

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.

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KLCC Stapled’s distributable income rises 3.8%, pays 8.6 sen distribution

Aug 03

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.

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