News about ban

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.

KUALA LUMPUR (Dec 15): Scientex Bhd is buying a 335.

KUALA LUMPUR (Dec 15): LBS Bina Group Bhd will set up a RM500 million Sukuk Murabahah programme to finance future acquisitions and development cost of the projects undertaken by the group, to repay borrowings, as well as for working capital.

KUALA LUMPUR (Dec 15): Jaks Resources Bhd is aligning its business portfolio after the loss-making property development venture that was hit hard by the slowdown.