Jagdeep: Penang to review charges imposed on property developers
KUALA LUMPUR (July 21): The Penang government is reviewing all charges currently imposed on developers to make property more affordable to consumers.
Penang agrees to waive approval fees for Mapex property buyers
PETALING JAYA (July 5): Those buying homes at the Malaysia Property Expo (Mapex) in Penang will be exempted from approval fees, said state executive council member Jagdeep Singh Deo.
Ikhmas expected to resume growth trajectory on higher progress billing
Ikhmas Jaya Group Bhd (Feb 2, 56 sen) Maintain buy with an unchanged target price (TP) of 75 sen: Ikhmas Jaya Group Bhd recently announced that it had accepted a letter of award from Mudajaya Corp Bhd to undertake subcontract bored pilling works (Zone 2 and Zone 3) for light rail transit (LRT) 3 package GS01.
Construction player GDB Holdings seeks ACE Market listing
KUALA LUMPUR (Oct 13): GDB Holdings Bhd, a construction services provider which focuses on high-rise residential, commercial and mixed development projects, is aiming to be listed on Bursa Malaysia’s ACE Market to raise funds, mainly for capital expenditure (capex).
Second Mapex 2017 eyes minimum RM250 mil sales
PETALING JAYA (Sept 14): The second national edition of Malaysia Property Expo 2017 (Mapex 2017) is targeting at least RM250 million in sales and 30,000 visitors to the three-day event.
KPMM-MAPEX 2017 targets 50,000 visitors
SHAH ALAM (Aug 11): Organisers of the Affordable Housing Carnival (KPMM)-Malaysia Property Expo (MAPEX) are targeting 50,000 visitors and RM500 million sales from the three-day event which started today, organising chairman Datuk Ng Seing Liong told TheEdgeProperty.
Ikhmas Jaya to raise RM33.8 mil to pay suppliers, sub-contractors
KUALA LUMPUR (July 17): Ikhmas Jaya Group Bhd plans to raise some RM33.
REHDA targets RM1 bil sales at MAPEX Affordable Housing carnival
KUALA LUMPUR (July 4): The Real Estate and Housing Developers' Association (REHDA) is targeting to achieve RM1 billion in sales from around 100,000 units ranging not more than RM500,000 at its upcoming 3-day Affordable Housing Carnival — Malaysia Property Expo (MAPEX) from Aug 11 to Aug 13, 2017.
Kumpulan Jetson pares off 2-year high gains
KUALA LUMPUR (June 30): Kumpulan Jetson Bhd, whose share price hit its two-year high of 48.
Rejection rate for housing loans is as high as 60%, says Rehda
PETALING JAYA (March 8): The rejection rate for housing loans is as high as 60%, causing property sales to remain sluggish, says the Real Estate and Housing Developers' Association (Rehda).
