News about ban

SHAH ALAM (April 6): Fresh from completing two major asset purchases recently for RM646.

WHILE the local property sector continues to be gloomy, LBS Bina Group Bhd’s shares are climbing steadily.

KUALA LUMPUR (April 5): Unperturbed by low profit margins in the affordable segment, Aset Kayamas Sdn Bhd, a privately held property developer, is going full steam ahead with its launches this year as it banks on volume growth to improve its earnings.

AN undersupply of affordable housing, particularly in major urban areas, coupled with an oversupply of office and retail spaces, may lead to deeper imbalances in the property market, says Bank Negara Malaysia in its 2015 annual report, which was released recently.

AN undersupply of affordable housing, particularly in major urban areas, coupled with an oversupply of office and retail spaces, may lead to deeper imbalances in the property market, says Bank Negara Malaysia in its 2015 annual report, which was released recently.

•    This week, the spotlight falls on the secondary market of non-landed residences in Sentul, Kuala Lumpur.

PETALING JAYA (April 2): The first phase of Penduline’s two-storey terraced homes which comprise 246 units has achieved a take-up rate of 90% following its launch last November, said Bandar Rimbayu senior sales manager Susan Teh.

TROPICANA Corp Bhd has launched its property bidding campaign, where the lowest unique bid wins, starting from a floor price of RM538,888 (for a Tropicana Metropark condominium).

THE outlook for Malaysia’s property market may not be bright at the moment but JLL Property Services (Malaysia) Sdn Bhd country head and managing director YY Lau (pictured) thinks pockets of opportunities can be found if you know where to look.

KUALA LUMPUR (April 1): Prasarana Malaysia Bhd, which targets to turn profitable in the second half of next year, said it is looking at spinning off some of its assets into a real estate investment trust (REIT) and pare down its debt.