Inta Bina undeterred by property market slowdown
KUALA LUMPUR (April 9): In spite of the soft property market, building contractor Inta Bina Group Bhd is not unduly worried.
KUALA LUMPUR (April 9): In spite of the soft property market, building contractor Inta Bina Group Bhd is not unduly worried.
Where does one find bargains in the real estate market? Property investors say: Look at property auctions.
PETALING JAYA (April 6): EdgeProp.
KUALA LUMPUR (April 6): MyHSR Corp Sdn Bhd has appointed the Malaysian Resources Corp Bhd–Gamuda Bhd consortium (MRCB-Gamuda Consortium) and the Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd-TH Properties Sdn Bhd consortium (YTL-THP) as its project delivery partners (PDPs) for the Kuala Lumpur-Singapore high speed rail (HSR) civil works portion.
KUALA LUMPUR (April 5): Malaysia Rail Link Sdn Bhd (MRL), the owner of the East Coast Rail Line (ECRL) project, says only 30% of the total workers involved in the RM60 billion project will be foreigners from China and other Asian countries, allaying concerns that the project is mostly run by the Chinese.
Construction sector Maintain overweight: High-beta construction stocks were among the least favoured in the first quarter of 2018 (1Q18), with the Kuala Lumpur Construction Index falling 9% year to date (YTD), weighed down by global stock market selldown.
KUALA LUMPUR (April 3): We have all heard of Sugar Daddy stories where sexual favours are given in return for presents or cash but the housing crisis in urban centres of the United Kingdom (UK) has given rise to the phenomenon of landlords getting sex by offering rent free accommodation.
SINGAPORE (April 3): Price recovery gathers momentum in 1Q18, rising by 3.
KUALA LUMPUR (April 3): The country’s economic progress, especially in the east coast, would be dampened if the East Coast Rail Link (ECRL) is scrapped.