Canada: Two-year ban on some foreigners from buying homes
Prime Minister Justin Trudeau’s Liberal Party: The desirability of Canadian homes is attracting profiteers, wealthy corporations, and foreign investors.
Crest Builder gets construction job worth RM251m
The contract period is 36 months from Feb 2, 2023 to Feb 2, 2026.
Promotions at Knight Frank Malaysia: Keith HY Ooi is group managing director; Sarkunan Subramaniam made group executive chairman
Move “is part of the company’s succession plan and is in line with its growth strategy, after commemorating its 20th anniversary last year”.
RHB Research turns 'overweight' on real estate sector as catalysts emerge
In a note on Wednesday (Jan 4), analyst Loong Kok Wen stated that property valuations had factored the negative impact of interest rate hikes on housing demand, but with the rate hikes frontloaded, the pace of the increase in interest rates is expected to decelerate in 2023.
SunCon bags RM1.7b data centre construction job
SunCon said that barring any unforeseen circumstances, the contract is expected to contribute positively to the group's earnings for the financial year ending Dec 31, 2023 onwards.
Gamuda buys RM360m Rawang land for mixed development with RM3.3b GDV
"We anticipate a greater uptake for our future products with the upcoming retail, leisure and commercial properties in the next two years to tailor for the burgeoning market in this area.
Crest Builder unit wins RM479m job to build condo blocks in Desa ParkCity
"The group expects some uncertainties in its financial performance owing to Covid-19-related issues and fluctuations in building material prices in the short term, especially as a result of the recent Russia-Ukraine war.
Ministry sets up taskforce to tackle 381 'sick' private housing projects
A “sick” project is one that has been delayed by more than 30% compared to its scheduled progress, or one whose sales and purchase agreement (SPA) has lapsed, according to the National Housing Department.
Hoteliers urge Putrajaya to reintroduce strict SOP to protect tourism industry
"Among the steps that need to be taken is to immediately reintroduce a strict standard operating procedure as a preparedness measure in addition to ensure that Malaysia becomes a destination of choice for foreign tourists to visit.
