MCT divests One City-linked unit for RM7.5m
KUALA LUMPUR (Dec 8): MCT Bhd is disposing of its wholly-owned unit which owns properties in the One City development in Subang Jaya, for RM7.
Fiamma forms JV to develop semi-detached houses in Batu Pahat
KUALA LUMPUR (Dec 8): Fiamma Holdings Bhd has teamed up with four landowners to develop residential properties in Batu Pahat, Johor that have a potential gross development value (GDV) of RM26 million.
KL-S’pore HSR to run every 30 minutes
PETALING JAYA (Dec 8): The Kuala Lumpur-Singapore high speed rail (HSR) from Bandar Malaysia to Jurong East in Singapore will run every half an hour, according to MyHSR Corp project delivery director Mark Loader.
Why is Putrajaya ignoring ideas from Bank Negara on property market imbalance, asks DAP’s Pua
KUALA LUMPUR (Dec 8): Opposition lawmaker Tony Pua questioned as to why the Cabinet was adamant in ignoring policy prescriptions by Bank Negara Malaysia (BNM) on the property market imbalance.
Sime Darby Property up 2.50% after CIMB Research starts coverage
KUALA LUMPUR (Dec 8): Sime Darby Property Bhd rose 2.
ML Global bags RM78m contract
KUALA LUMPUR (Dec 8): ML Global Bhd, whose share price recently hit a seven-year high of RM1.
AmInvestment Bank: More developers to cut prices, increase mass-market housing in 2018
PETALING JAYA (Dec 7): The property sector is expected to stir in 2018 as developers continue to cut prices — by 10% to 15% or more — and adjust to the reality that demand lies in mass-market affordable housing, said AmInvestment Bank in a report today.
PNB sells Brisbane office building for A$370m
KUALA LUMPUR (Dec 7): Permodalan Nasional Bhd (PNB) has sold Santos Place, a prime-grade office building at 32 Turbot Street, Brisbane, Australia for A$370 million (RM1.