50% of Oliveria phase 2B sold within one month
PETALING JAYA (Aug 20): S P Setia’s recently launched Oliveria phase 2B in Setia Safiro has seen 50% out of the 82 units being taken up by buyers after it was launched on July 25, 2020.
UEM Sunrise launches 'The Happy Chase Gameshow'
KUALA LUMPUR (Aug 18): UEM Sunrise Bhd launched “The Happy Chase Gameshow” contest on Aug 14.
Best time to buy a first-hand home?
Although market sentiment is generally bearish owing to the Covid-19 pandemic and economic slowdown, Malaysia has been able to fend off the worst thus far, thanks to its strong fundamentals and the government’s efforts to bolster the economy.
Array of deals for homebuyers amid downturn
The current property market downturn in Malaysia has pushed property developers to offer myriad attractive packages, freebies and even financial assistance to lure purchasers.
LBS Bina revises sales target down to RM1 bil for 2020
PETALING JAYA (July 27): Due to the Covid-19 pandemic and the ensuing Movement Control Order (MCO), LBS Bina Group Bhd (LBS) has revised its 2020 sales target to RM1 billion from the previously set figure of RM1.
Sime Darby Property online campaigns garner RM680m worth of bookings
KUALA LUMPUR (July 17): Sime Darby Property Bhd said today its online campaigns between March 25 and July 5, 2020, had garnered more than 740 bookings for properties worth about RM680 million within the Greater Klang Valley region and Johor, a testament to the company’s successful manoeuvring in online sales tactics and strategies.
MCT falls into the red in 1Q on hedging losses and lower sales
KUALA LUMPUR (July 1): Property developer MCT Bhd recorded a net loss of RM21.
EcoWorld posts lower 2Q net profit due to MCO, but sees big rebound in sales during CMCO
KUALA LUMPUR (June 25): Eco World Development Group Bhd’s (EcoWorld's) net profit fell 48% to RM21.
Hua Yang narrows 4Q loss to RM4m, full-year net profit at RM2.2m
KUALA LUMPUR (June 24): Hua Yang Bhd's net loss for its fourth financial quarter ended March 31, 2020 (4QFY20) narrowed to RM4.
Penjana economic package: No sales tax on locally-assembled cars purchased between June and end-December
KUALA LUMPUR (June 5): The 10% sales tax on complete knock down (CKD) passenger vehicles will be waived while the tax on completely built-up (CBU) passenger vehicles will be halved to 5%, said Prime Minister Tan Sri Muhyiddin Yassin.
