Fire destroys 10 shoplots in Cameron Highlands
IPOH (March 26): A row of shoplots in Sungai Burung, Cameron Highlands was destroyed in a fire last night, reported Bernama.
Still not that appealing after the fall
KUALA LUMPUR (March 26): It has been more than three years since the puncture of the property boom.
Two Putrajaya Grade A office buildings worth RM600m up for sale
PETALING JAYA (March 24): Two Grade A office buildings in Putrajaya valued at RM600 million have been put on sale as their owner, a US-based private equity fund, is unable to pay its debt, reported The Edge weekly.
Gamuda posts higher 2Q profit with stronger construction, property contributions
KUALA LUMPUR (March 24): Higher construction work progress and stronger overseas property sales boosted Gamuda Bhd's net profit in its second quarter of financial year 2018 (2QFY18), which grew 27% to RM211.
Eco World's unit issues RM150m unrated medium term notes
KUALA LUMPUR (March 24): Eco Botanic Sdn Bhd has issued RM150 million of unrated medium term notes (MTN) with a tenure of three to five years, of which RM100 million is guaranteed by Danajamin Nasional Bhd.
Pesona Metro bags RM216m contract to build affordable apartments
KUALA LUMPUR (March 24): Pesona Metro Holdings Bhd has secured a contract worth RM216.
Got bubble or not?
Bubble, bubble’, toil and trouble? Bubble can be a scary word for property investors because it means that real estate prices are inflating rapidly over a short period without the support of underlying fundamentals or demand.
Country Garden Malaysia hits 70% take-up rate for launches in 2017
JOHOR BAHRU: Despite the challenging real estate market, Country Garden Malaysia has managed to achieve a decent take-up rate of more than 70% for its new property launches in Malaysia last year.
Mismatch between type of houses built and demand, says PR1MA
KUALA LUMPUR (March 23): There is a mismatch between the type of houses built under the 1Malaysia People’s Housing Scheme (PR1MA) and the demand for them.
