Repainting: It’s more than a new coat of colour
Repainting a building is perhaps one of the biggest projects most building managements undertake.
Ajiya to purchase two plots of land in Negeri Sembilan worth RM34m
KUALA LUMPUR (Nov 11): Ajiya Bhd is buying two parcels of contiguous freehold vacant industrial land in Setul, Negeri Sembilan from Sime Darby (Nilai) Sdn Bhd for a total cash consideration of RM34.
Property sector: Anticipated robust sales in 4Q21 with pent-up demand could lead to strong 2022 earnings recovery — UOB Research
KUALA LUMPUR (Nov 9): While developers’ property sales in the upcoming third quarter of 2021 (3Q21) financial reports could be weak amid the lockdown, UOB Research expects it to be more resilient this time versus 2Q20’s lockdown, thanks to ongoing digitalisation efforts (virtual marketing).
Sime Darby Property's Elmina Green Five and Trilia fully snapped up within five minutes via online booking
PETALING JAYA (Nov 8): Sime Darby Property Bhd's Elmina Green Five in the City of Elmina and Trilia landed homes in Bukit Jelutong, Selangor have achieved a 100% take-up rate in under five minutes.
JCorp extends closing date of takeover offer for Damansara Holdings to Nov 22
KUALA LUMPUR (Nov 4): Johor Corp Bhd (JCorp), the state-controlled investment arm of Johor, has extended the closing date of its unconditional mandatory take-over offer for Damansara Holdings Bhd from Nov 8 to Nov 22, to allow more time for shareholders to accept its offer, according to a bourse filing on Wednesday.
Fitch Solutions expects Bank Negara to hike OPR by 50bps in 2022 to rebuild policy buffers
KUALA LUMPUR (Nov 4): Fitch Solutions, the research unit of Fitch Group, is expecting Bank Negara Malaysia to raise the overnight policy rate (OPR) by 50 basis points (bps) to 2.
BNM maintains OPR at 1.75% after final Monetary Policy Committee meeting for 2021
KUALA LUMPUR (Nov 3): The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) during the MPC’s final 2021 meeting on Wednesday (Nov 3) decided to maintain the overnight policy rate (OPR) at 1.
Sime Darby's Maya Ara Residences registers 90% take-up via virtual launch
PETALING JAYA (Nov 3): Sime Darby Property today announced a 90% take-up of its latest high-rise product, Maya Ara Residences, which was launched virtually.
Ibraco clinches RM375m construction job in Sarawak
KUALA LUMPUR (Nov 2): Property developer Ibraco Bhd has secured a contract for construction works in Kuching, Sarawak, worth approximately RM375 million.
