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KUALA LUMPUR (Nov 30): Sime Darby Property Bhd's (SD Property) chairman Tan Sri Abdul Wahid Omar said the group will be looking for partners to develop its landbank, and it will also sell parcels to unlock value.

PETALING JAYA (Nov 30): IOI Properties Group Bhd has engaged with Lingkaran Trans Kota Sdn Bhd (Litrak) to provide an additional alternative route to Bandar Puteri Puchong while the Bandar Puteri Puchong Interchange remains closed due to upgrading works.

PETALING JAYA (Nov 29): The relocation of the Sungai Besi Air Force Base — which will be redeveloped into the Bandar Malaysia project — is scheduled to begin next month, said the Ministry of Finance.

PETALING JAYA (Nov 28): The property market is expected to improve after the general elections (GE) are held, said Malaysian Institute of Estate Agents (MIEA) president Eric Lim.

KUALA LUMPUR (Nov 28): Malaysia Building Society Bhd (MBSB) is of the opinion the Malaysian property segment is in “a bit of a glut” — but only in the high-end property segment, echoing sentiment shared by Bank Negara Malaysia (BNM) recently.

KUALA LUMPUR (Nov 28): LBS Bina Group Bhd's third-quarter net profit rose 26.

PETALING JAYA (Nov 27): A protracted period of property supply overhang may cause a material decline in property prices as market valuation adjusts to reflect lower demand, said Moody’s Investors Service.

Many gripe that strict policy over loan approvals is hampering the property market from its current doldrums.

The property development arena has been in a state of flux in the last week, sparked by Putrajaya’s directive to freeze all new applications for shopping malls, offices, serviced apartments and condominiums priced at RM1 million and above.

PETALING JAYA (Nov 24): The Ministry of Urban Wellbeing, Housing and Local Government plan to redevelop old densely-populated housing areas which are seen as no longer suitable for current needs, said its minister Tan Sri Noh Omar.