EWI achieves cumulative sales of RM7.7b from UK and Australian projects
KUALA LUMPUR (Jan 16): EcoWorld International Bhd (EWI) has achieved cumulative sales of RM7.
Guan Eng: 'Open competitive tender' for Penang undersea tunnel, road projects
KUALA LUMPUR (Jan 16): Penang Chief Minister Lim Guan Eng said there is nothing to hide or fear when the Penang Tender Committee awarded the state's undersea tunnel and road projects, through an open competitive tender.
Sime Darby Property names TN50 for Elmina Community Park development
SHAH ALAM (Jan 16): Sime Darby Property (SD Property) announced today the entry of the Ministry of Youth & Sports in its initiative towards achieving Transformasi Nasional 2050 (TN50) aspirations through the development of the City of Elmina — a model township for the future.
BOVAEP should work with KPKT, COB to protect JMBs, MCs
PETALING JAYA (Jan 15): The Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP) should work with the Ministry of Urban Wellbeing, Housing and Local Government (KPKT) and commissioner of buildings (COB) to ensure that Joint Management Bodies (JMBs) and Management Committees (MCs) are protected from unscrupulous property managers, said Henry Butcher Malaysia (Mont’Kiara) Sdn Bhd executive director Low Hon Keong.
Mofaz seeks to list construction unit in 3 years
KUALA LUMPUR (Jan 15): The Mofaz group of companies has set out towards what would be its maiden listing in at least three years’ time via its property and construction business after acquiring a majority stake in a Chinese family-owned contractor.
Paramount buys Cyberjaya land for RM149.7m to develop residential project
KUALA LUMPUR (Jan 12): Paramount Corp Bhd is buying 41.
M101 Skywheel records over RM530m sales in 2017
PETALING JAYA (Jan 11): M101 Holdings Sdn Bhd’s RM2.
Property managers will now be regulated under BOVAEP
KUALA LUMPUR (Jan 11): With the amendment to the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 that was passed on Oct 17, 2017 and gazetted Jan 2, 2018, property managers are now required to register themselves with the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).
IDEAS: Development freeze “excessive demonstration of govt powers”
KUALA LUMPUR (Jan 11): Putrajaya’s orders to indefinitely freeze approvals for four types of developments is an “excessive demonstration of government powers to suppress the free market”, said the Institute for Democracy and Economic Affairs (IDEAS) in a statement.
