Hua Yang 1Q net profit plunges 92.8% due to lesser ongoing projects
KUALA LUMPUR (July 13): Hua Yang Bhd saw its net profit for the first financial quarter ended June 30, 2017 (1QFY18) plunge 92.
Bank Negara Malaysia maintains OPR at 3%, says inflation moderating
KUALA LUMPUR (July 13): Bank Negara Malaysia maintained the overnight policy rate (OPR) at 3.
MM2H participants contributed RM4.9 bil in property purchases since 2012
KUALA LUMPUR (JULY 13): The Malaysia My Second Home (MM2H) programme has contributed RM4.
Maybank: Eco World International 'maiden' profit in 2HFY18
KUALA LUMPUR (July 11): Maybank Investment Bank Bhd expects Eco World International Bhd to report its maiden profit in the second half of financial year ending Oct 31, 2018 (2HFY18), with the progressive completion of its London City Island project.
Foreign investors ‘positive’ on Singapore property sector
SINGAPORE (July 7): Maybank Kim Eng is maintaining its “positive” rating on Singapore’s property sector after collecting feedback from investors in Hong Kong.
Singapore's Wee Hur to expand student housing footprint in Australia
SINGAPORE (July 7): Developer Wee Hur has set up a trust to fund to build 5,000 student accommodation beds in Australia’s major cities, starting with Brisbane and Adelaide.
Interested parties encouraged to form consortia to take part in KL-Singapore HSR tender
KUALA LUMPUR (July 5): The latest industry briefing on the upcoming development of the 350km-long Kuala Lumpur-Singapore High Speed Rail (HSR) attracted close to 400 participants from 165 local and international and local entities, which was jointly organised by MyHSR Corp Sdn Bhd and Land Transport Authority of Singapore (LTA).
RFP for Bandar Malaysia opens today
KUALA LUMPUR (July 5): The request for proposal (RFP) for the appointment of the master developer for the RM12.
Bank Negara: Three things that could enhance Malaysia’s affordable housing ecosystem
PETALING JAYA (July 4): A sound, innovative and coordinated public policy is needed to address the affordable housing challenge, said Bank Negara Malaysia deputy governor Abdul Rasheed Ghaffour in his keynote address at the “Dialogue on Sustainable Development of Affordable Housing” organised by Cagamas Holdings Bhd in Kuala Lumpur today, He said a central authority could lead, oversee and coordinate affordable initiatives for the nation that would promote greater strategic and operational cohesion at the national level.
REHDA targets RM1 bil sales at MAPEX Affordable Housing carnival
KUALA LUMPUR (July 4): The Real Estate and Housing Developers' Association (REHDA) is targeting to achieve RM1 billion in sales from around 100,000 units ranging not more than RM500,000 at its upcoming 3-day Affordable Housing Carnival — Malaysia Property Expo (MAPEX) from Aug 11 to Aug 13, 2017.
