Challenging days ahead, experts predict
It is expected that 2016 could spell another challenging year for the local real estate market unless the domestic and global economic situation improves, according to local property consultants polled by City&Country.
Ho Hup ventures into quarrying in Melaka via acquisition
KUALA LUMPUR (Dec 31): Ho Hup Construction Co Bhd has gained entry into the granite quarrying business, via the acquisition of a company with quarrying rights, for RM2 million cash.
No choice but to reclaim land to fund transport plans in Penang, says Guan Eng
GEORGE TOWN (Dec 30): Over the past seven years, the DAP-led Penang government has had to endure criticism from various quarters over many of the changes introduced in the state.
Penang Transport Master Plan is commitment, not gimmick, says Chow
GEORGE TOWN (Dec 29): The federal government should approve the Penang Transport Master Plan so that the state government cannot use it as a "political gimmick" to raise public outcry, says Penang state exco Chow Kon Yeow (pictured).
Residents near Penang land reclamation project fear the worst
GEORGE TOWN (Dec 29): There are mixed feelings among Penang folk about land reclamation, especially the latest plan to create man-made islands off the southern coast of the island to finance the RM27 billion Penang Transport Master Plan (PTMP).
1MDB to close Bandar Malaysia deal by year end
KUALA LUMPUR (Dec 29): 1Malaysia Development Bhd (1MDB) is near to sealing an agreement with a prospective partner to sell 60% of its shares in Bandar Malaysia Sdn Bhd before the year ends.
Ewein to acquire 4.43-acre land in Penang for RM162 mil
KUALA LUMPUR (Dec 29): Ewein Bhd has proposed to acquire 4.
Property values up, assessment rates rise in Ipoh
IPOH (Dec 28): Property revaluation currently being carried out by the Ipoh City Council (MBI) is necessary to keep up with the overall trend of rising prices, according to mayor Datuk Seri Zamri Man.
Kong Woon Jun emerges as new Guocoland managing director
KUALA LUMPUR (Dec 23): Guocoland (Malaysia) Bhd, the property investment arm of Hong Leong Group, has appointed Datuk Kong Woon Jun, 52, as its managing director (MD) effective Jan 4, 2016, following the resignation of Tan Lee Koon, 41, who will assume another position in the Hong Leong group.