KUALA LUMPUR (Jan 29): Tropicana Corp Bhd, controlled by tycoon Tan Sri Danny Tan, is disposing of its Dijaya Plaza tower in Jalan Tun Razak here to Kenanga Investment Bank Bhd (Kenanga IB) for RM140 million cash.
KUALA LUMPUR (Jan 28): Bank Negara Malaysia’s move to reduce the statutory reserve requirement (SRR) by 0.
KUALA LUMPUR (Jan 21): The Johor property market will see “good buys” in the second half of the year, as more auctioned properties become available in the market, according to KGV International Property Consultants (M) Sdn Bhd director Samuel Tan (pictured).
KUALA LUMPUR (Jan 20): Housing non-performing loans (NPLs) are expected to increase this year, although it won’t be at the level seen during the financial crisis in the late-1990s, according to VPC Alliance (Malaysia) Sdn Bhd managing director James Wong (pictured).
KUALA LUMPUR (Dec 22): LTKM Bhd is selling a piece of freehold industrial land measuring 21,284 sq metres together with a factory in Kapar, Klang, for RM26 million, cash, to unlock the property's value and use the proceeds to acquire future strategic landbank.
KUALA LUMPUR (Dec 15): AmFIRST Real Estate Investment Trust (REIT) is disposing of a 13-storey office building at Jalan P Ramlee for RM36 million, cash, to realise its investment in the property.
PETALING JAYA (Dec 9): S P Setia Bhd, through its associate company, Setia Federal Hill Sdn Bhd, has just inked a RM1.
KUALA LUMPUR (Nov 27): Urban Wellbeing, Housing and Local Government Minister Datuk Seri Abdul Rahman Dahlan is in the midst of engaging Bank Negara Malaysia (BNM) to be more lenient with the loan approval requirements for low-cost houses built by the government.
KUALA LUMPUR: Twenty-one years after the Highland Towers tragedy in Ulu Klang, Selangor, former Highland Towers Residents’ Association president Dr Benjamin George thinks it is time the site is redeveloped.
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