Non-residential property subsector up 4.9% to RM6.4b in 1H17
PETALING JAYA (Oct 27): The non-residential property subsector grew by 4.
PETALING JAYA (Oct 27): The non-residential property subsector grew by 4.
PENANG (Oct 27): Penang chief minister Lim Guan Eng has given the developer of the Tanjung Bungah hillside housing project, which was hit by a deadly landslide last Saturday, one week to reach an amicable solution with those who bought properties in the development, the malaysiakini news portal reported today.
KUALA LUMPUR (Oct 27): WCT Holdings Bhd is expected to list its real estate investment trust (REIT) in mid-2018, after it had had delayed the listing of the property trust that was scheduled by end-2017, according to Affin Hwang Investment Bank Bhd (Affin Hwang IB).
PETALING JAYA (Oct 27): Matrix Concepts Holdings Bhd will be launching Allysum, which is phase 2 of its Resort Homes collection in Bandar Sri Sendayan, Negeri Sembilan, by year end.
PETALING JAYA (Oct 27): Property development company DK-MY Properties Sdn Bhd is targeting to launch its mixed development project D’Immersione at Dutamas by the end of this year.
KUALA LUMPUR (Oct 27): While Malaysia imposes a lower rate of withholding tax on dividends paid to retail investors of real estate investment trusts (REITs) compared with many other countries, the Malaysian REIT Managers Association (MRMA) is of the view that a total tax exemption should be given to attract more investments.
KUALA LUMPUR (Oct 27): GuocoLand (M) Bhd’s net profit rose fourfold to RM1.
KUALA LUMPUR (Oct 26): Mah Sing Group Bhd will host a preview and unit selection for three of its developments — M Centura, M Vista and Meridin East — at their respective show galleries this Saturday and Sunday.
PETALING JAYA (Oct 26): The construction industry system and processes should be reviewed on the basis of responsibility and accountability of various parties, instead of the expediting of approvals, said the Malaysian Institute of Planners (MIP).