Bank Negara Malaysia maintains OPR as inflation seen 'higher'
KUALA LUMPUR (March 2): Bank Negara Malaysia maintained the overnight policy rate (OPR) at 3% as the central bank evaluated risks to the country's economic growth and inflation.
Matrix Concepts inks MoU to explore setting up specialist hospital in Bandar Sri Sendayan
KUALA LUMPUR (March 1): Matrix Concepts Holdings Berhad (Matrix) has inked a Memorandum of Understanding (MOU) with Changhua Christian Hospital, Republic of China (Taiwan) (CCH) for the proposed establishment of a medical and specialist healthcare service provider in Bandar Sri Sendayan, Negeri Sembilan, to be known as Matrix Global Specialist Center (MGSC).
KL Gateway Mall targets full tenancy by 3Q2017
PETALING JAYA (Feb 28): The soon-to-be-opened KL Gateway Mall (pictured), part of the KL Gateway mixed development in Bangsar South, Jalan Kerinchi, Kuala Lumpur targets to achieve 100% tenancy by 3Q2017.
‘Extend step-up financing to non-PR1MA projects too’
KUALA LUMPUR (March 1): The Real Estate and Housing Developers’ Association Malaysia (Rehda) would like to see special end-financing schemes, such as the Skim Pembiayaan Fleksibel (SPEF) that was created exclusively for Perbadanan PR1MA Malaysia homes, applied to private developments as well.
UEM Sunrise sees 26% drop in 4Q net profit
KUALA LUMPUR (Feb 28): UEM Sunrise Bhd’s net profit in the fourth quarter ended Dec 31, 2016 (4QFY2016) slipped 26.
S P Setia to launch Trio in Bukit Tinggi, Klang by mid-March
PETALING JAYA (Feb 27): S P Setia Bhd is looking to launch the first tower of serviced apartments at its integrated development Trio at Bukit Tinggi, Klang, by mid-March.
IGB Corp up 15% on takeover offer
KUALA LUMPUR (Feb 24): IGB Corp Bhd shares rose as much as 38 sen or 15% after controlling shareholder Goldis Bhd made a takeover offer for the remaining IGB shares at RM3 each.
DONE DEAL: 2-storey terraced house at Taman Nuri, Bandar Puchong Jaya, Selangor
Sold for: RM695,000 Concluded by: Wa Wa Liew (REN 02732) of Pro-Tech Realty (012-309 7661) When: November 2016 Noteworthy: ● Freehold ● 4 bedrooms and 3 bathrooms ● Built-up: 1,800 sq ft ● Land size: 1,500 sq ft ● Property is more than 20 years old Located between Bandar Sunway and Bandar Kinrara, Bandar Puchong Jaya is a 930-acre township in Puchong, Selangor.
Tambun Indah Land to roll out RM170 mil worth of launches in 2017
PETALING JAYA (Feb 23): Penang-based property developer Tambun Indah Land Bhd plans to launch three new projects worth about RM170 million for 2017, said the developer.
Matrix Concepts posts RM50.4 mil profit for 3Q, declares 3.5 sen dividend
KUALA LUMPUR (Feb 23): Property developer Matrix Concepts Holdings Bhd has reported a net profit of RM50.
