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KUALA LUMPUR (May 3): The overbuilding of affordable housing is “quite severe” as many developers have shifted into that segment to counter high loan rejection rates, with the oversupply exacerbated by a lack of accurate and  timely property market data, said the Real Estate and Housing Developers’ Association (Rehda) patron and Rehda Institute trustee Tan Sri Eddy Chen * JPPH: Property market to stabilise as economy improves “In fact, we are building everywhere — those affordable houses in the range of RM300,000 to RM500,000.

KUALA LUMPUR (May 3): “Advanced work” on the Kuala Lumpur-Singapore high speed rail (HSR) is slated to begin by the end of this year following the letters of award for the project delivery partners (PDPs) yesterday, according to MyHSR Corp Sdn Bhd.

KUALA LUMPUR (May 3): Sunway Construction Group Bhd (SunCon) is expected to secure between RM1.

DUBAI (May 3): Top property developer S P Setia Bhd won three gold awards at the FIABCI World Prix d’Excellence Awards 2018 held here on Tuesday.

KUALA LUMPUR (May 3): The consortium of Malaysian Resources Corp Bhd (MRCB) and Gamuda Bhd, and YTL High Speed Rail Sdn Bhd (YTL THP JV) — a joint venture (JV) between Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd and TH Properties Sdn Bhd — have accepted a letter of appointment (LoA) from MyHSR Corp Sdn Bhd, appointing the two consortiums as the project delivery partners (PDPs) for the northern and southern sections of the Kuala Lumpur-Singapore High Speed Rail (KL-S’pore HSR) project.

KUALA LUMPUR (May 2): Inta Bina Group Bhd's wholly-owned subsidiary Inta Bina Sdn Bhd (IBSB) has been appointed as the main contractor for a residential development in Shah Alam for RM57.

KUALA LUMPUR (May 2): The High Court has ruled in favour of WCT Holdings Bhd against Aeon Co (M) Bhd in a case involving the lease renewal for AEON Mall Bukit Tinggi.

KUALA LUMPUR (April 30): Eng Kah Corp Bhd has announced the disposal of its vacant freehold land in Negeri Sembilan for RM9.

KUALA LUMPUR (April 30): Tycoon Tan Sri Quek Leng Chan has stepped down as chairman of GuocoLand (Malaysia) Bhd effective immediately, amid an internal rationalisation and streamlining exercise.

Pavilion Real Estate Investment Trust (April 27, RM1.