News about bank

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.

  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): 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: AmanahRaya Real Estate Investment Trust (REIT) has proposed to sell a piece of freehold land in Shah Alam to Nippon Express (M) Sdn Bhd for RM105 million.

The concept of “borrow” is the final piece of the parcel in our uniquely crafted Property Investment Quadrant (PIQ).

KUALA LUMPUR (Dec 8): Fiamma Holdings Bhd has teamed up with four landowners to develop residential properties in Batu Pahat, Johor that have a potential gross development value (GDV) of RM26 million.

KUALA LUMPUR (Dec 8): Opposition lawmaker Tony Pua questioned as to why the Cabinet was adamant in ignoring policy prescriptions by Bank Negara Malaysia (BNM) on the property market imbalance.

KUALA LUMPUR (Dec 8): Sime Darby Property Bhd rose 2.

PETALING JAYA (Dec 7): The property sector is expected to stir in 2018 as developers continue to cut prices — by 10% to 15% or more — and adjust to the reality that demand lies in mass-market affordable housing, said AmInvestment Bank in a report today.