The top seven highlights of 2017
How has 2017 been for the Malaysian real estate industry? The answer would vary, depending on which side of the spectrum you are on.
How has 2017 been for the Malaysian real estate industry? The answer would vary, depending on which side of the spectrum you are on.
PETALING JAYA (Dec 26): The Taman Tun Dr Ismail Residents’ Association (TTDI RA) and Save Taman Rimba Kiara Working Group are seeking donations from the public to raise funds for the ongoing court case against Dewan Bandaraya Kuala Lumpur (DBKL) and the KL mayor.
PETALING JAYA (Dec 26): China Railway Corporation, the republic’s railway operator, will collaborate with China Railway Group Ltd, China Railway Construction Corp Ltd, China Communications Construction, CRRC Corp Ltd and other firms to bid for the Kuala Lumpur-Singapore high speed rail (HSR) project.
KUALA LUMPUR (Dec 22): Property developers may need to brace for a sustained low-margin environment next year as they continue building new affordable homes that are expected to crimp their margins.
Rented for: RM4,100 (RM5.
KUALA LUMPUR (Dec 21): Sarawak-based Ibraco Bhd is looking to launch its 123-acre mixed development called Northbank in Kuching by the first quarter of 2018.
KUALA LUMPUR (Dec 21): The government's revised plan to maintain the stamp duty for luxury properties at 3% is positive for the property sector, according to MIDF Amanah Investment Bank Bhd Research.
KUALA LUMPUR (Dec 21): Ceramic products company Goh Ban Huat Bhd (GBH) is planning to buy several properties in Pontian, Johor, from three companies controlled by the family of its controlling shareholders, for RM143 million.
PETALING JAYA (Dec 19): The Taman Tun Dr Ismail Residents’ Association (TTDI RA) has refuted several claims made by the Federal Territories (FT) Minister Datuk Seri Utama Tengku Adnan Tengku Mansor regarding issues related to the proposed high-rise development near Taman Rimba Kiara (TRK).
PETALING JAYA (Dec 19): The rapid rise of Malaysia’s real housing prices since 2008 could be a source of future instability, the World Bank said in a recent report.