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PETALING JAYA (June 18): While Sydney will see the imposition of a 4% stamp duty surcharge on foreign homebuyers next week, Jalin Realty International does not see this as the biggest challenge to Sydney’s property market.

KUALA LUMPUR (June 17): A total of 5,851 out of 6,534 cases of housing developers who did not abide by the sale and purchase agreement since 2013 to May 31 this year have been settled by the National Housing Tribunal, Bernama reported yesterday.

KUALA LUMPUR (June 17): Sunway Bhd expects to sustain its performance for the current financial year ending Dec 31, 2016 (FY16) despite challenges faced by the property and construction sectors.

PETALING JAYA (June 17): Trinity Group is targeting to launch two blocks of luxury condominiums located at Jalan Kiara 5, Mont’Kiara in 2017, Trinity Group managing director Datuk Neoh Soo Keat told TheEdgeProperty.

KUALA LUMPUR (June 17): The first phase of the Bandar Malaysia project is expected to cost between RM50 billion and RM60 billion, said Iskandar Waterfront Holdings Bhd (IWH) executive vice-chairman Tan Sri Lim Kang Hoo (pictured).

PETALING JAYA (June 17): TRX City Sdn Bhd, the property development arm of 1Malaysia Development Bhd (1MDB), achieved a net profit of RM380.

KUALA LUMPUR (June 17): AllianceDBS Research said the immediate support for EcoWorld Development Group Bhd (EcoWorld) was at RM1.

PETALING JAYA: The property market is only expected to recover in 2018, Malaysian Property Summit Mid-Year Review 2016 committee member James Wong told TheEdgeProperty.

KUALA LUMPUR: Tropicana Corp Bhd plans to launch three new phases in its existing developments in early July, with the phases worth RM889 million in gross development value (GDV), according to the its group managing director, Daniel Teh.