IWCity active, jumps 7.14% on renewed hopes for Bandar Malaysia deal
KUALA LUMPUR (July 19): Shares in Iskandar Waterfront City Bhd (IWCity) were actively traded this morning and rose about 7.
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e-Lelong pilot project to be launched on July 27
PUTRAJAYA (July 18): The pilot project for the country’s online property auction platform e-Lelong for court auctions of immovable properties will be officially launched on July 27.
O&C Resources bags RM324 mil PPA1M project
KUALA LUMPUR (July 18): O&C Resources Bhd (OCR) has bagged a RM324 million turnkey contract to build houses under the 1Malaysia Civil Servants Housing Project (PPA1M) in Precinct 5, Putrajaya.
Affordability the issue, not access to home financing, says Bank Negara
KUALA LUMPUR (JULY 18): Some RM40 billion housing loans were approved to more than 152,000 borrowers in the first five months of this year, and eligible homebuyers will continue to have access to financing, according to Bank Negara.
IWC up on renewed Bandar Malaysia talks
KUALA LUMPUR (July 18): Shares in Iskandar Waterfront City Bhd (IWC) jumped as much as 35 sen or 28.
Econpile gains 2.29% on positive technicals
KUALA LUMPUR (July 18): Econpile Holdings Bhd shares rose 2.
MCT denies mandatory general offer from Ayala Land
KUALA LUMPUR (July 18): MCT Bhd has denied that the company faces a mandatory general offer (MGO) from its single-largest shareholder, the Philippines-based Ayala Land Inc.
Property market to remain challenging this year
Property sector Maintain neutral: Granted, the share price of most of the property developers have moved up this year, which we believe is due to renewed buying interest in laggards and overall improved market risk appetite rather than on signs of recovery in operating conditions.
