Bina Puri to build PR1MA homes in Johor Bahru
PETALING JAYA (Oct 26): Construction firm Bina Puri Holdings Bhd has received a letter of intent from PR1MA Corporation Malaysia (PR1MA) for the construction of 994 apartment units and 20 shops in Johor Bahru.
Budget 2016 for housing disappointing, shortsighted, says Penang exco
GEORGE TOWN (Oct 26): Penang, which was hoping for some good news for the housing sector, was disappointed when last week’s Budget 2016 made no mention of relaxing commercial bank loan requirements to make it easier for the people to purchase affordable homes.
Shrinking ringgit: Boon or bane?
KUALA LUMPUR (Oct 24): The ringgit has fallen to record lows in a matter of months, falling to a 17-year low of RM4.
RPGT and DIBS: Views pro and against
We asked several property experts and agents on their views on the lack of changes or announcements on Real Property Gains Tax (RPGT) and Developers Interest Bearing Scheme (DIBS) for Budget2016.
ECONOMIC REPORT 2015/16: Average cost of Malaysian homes hits the RM300,000 mark in 1H15
KUALA LUMPUR (Oct 23): The median home value in Malaysia has hit the RM300,000 mark in the first half of 2015 (1H15), with Selangor, Penang, Sabah and Sarawak continuing to exceed the average price since 2004.
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UEM Sunrise aims to fully sell Conservatory by next March
MELBOURNE (Oct 22): UEM Sunrise Bhd aims to sell all units at its 42-storey Conservatory project at the city centre here by March next year, said chief operating officer for commercial development Raymond Cheah at a press conference yesterday.
IOI Properties’ earnings to be diluted post acquisition
IOI Properties Group Bhd (Oct 21, RM2.
Ringgit woes cast shadow over cement industry
KUALA LUMPUR (Oct 22): The protracted slump of the ringgit against the US dollar, which has plagued importers and harmed consumer sentiment with the threat of imported inflation, has also cast its shadow over the cement industry.
