TheEdgeProperty.com eats into market share of leaders
While the two leading property websites, www.
Ivory’s WorldCity reclamation works may begin in 2Q16
GEORGE TOWN: After a delay of almost four years, land reclamation works on the RM10 billion Penang WorldCity mixed-use development in Bayan Mutiara, Penang may finally be moving forward.
More than 100 notices issued to traders in rat-infested Seremban market
SEREMBAN (Nov 6): Seremban Municipal Council (MPS) has issued more than 100 notices to traders at the Pasar Besar Seremban for failure to keep the premises clean.
AmProp’s 2Q profit jumps 131% on overseas contribution
KUALA LUMPUR: Amcorp Properties Bhd (AmProp) net profit jumped over two times or 130.
The trouble with affordable housing supply
PETALING JAYA (Nov 6): The private sector is unable to provide affordable homes at prices on par with Perbadanan PR1MA Malaysia (PR1MA), Rumah Selangorku or other government-backed affordable housing schemes as their land cost and construction cost alone may double the selling prices of these homes, said Knight Frank Malaysia executive director Allan Sim.
MRT Corp proposes solution to avoid demolition of Ampang Park Shopping Centre
KUALA LUMPUR (Nov 6): Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) has proposed a new design for the Ampang Park MRT station that will not require its namesake, the country’s first shopping centre, to be demolished.
IGB expands hospitality footprint with new Sydney hotel
SYDNEY (Nov 5): IGB Corp Bhd expanded its hospitality operations to Australia with the official opening of The Tank Stream Hotel in Sydney yesterday at an event officiated by Carol Giuseppi, the CEO of Tourism Accommodation Australia.
Kong resigns as Tropicana MD effective Dec 5
KUALA LUMPUR (Nov 4): Tropicana Corp Bhd announced that Datuk Kong Woon Jun (pictured) has resigned as the group's managing director (MD) effective Dec 5 this year.
Penang Rehda: 'Buyers today are saying: "Wow, your price is so high, we cannot buy’."
The Penang Real Estate and Housing Developers Association (Rehda) has called on the state government to look into development charges and various requirements imposed on developers and the industry in view of declining property sales.
