Sungei Wang Plaza to remain a laggard for CMMT
CapitaLand Malaysia Mall Trust (Oct 19, RM1.
Who wins? Heritage town Pekan Ampang is in the way of the Suke Highway
Many shop owners in century-old premises in Pekan Ampang, Kuala Lumpur, are still in the dark that they may have to make way for a highway project that will cut through the township.
KL-Singapore high-speed rail draws response from 150 firms to info request
KUALA LUMPUR (Oct 19): A total of 150 companies and consortia have responded to the request for information (RFI) exercise on the multi-billion ringgit Kuala Lumpur-Singapore high-speed rail (HSR) project, whose submission is still open till Nov 18, 2015.
Guocoland is disposing of Sepang land to Putrajaya Properties for RM475m
KUALA LUMPUR (Oct 19): Guocoland (M) Bhd's associate Vintage Heights Sdn Bhd is disposing of a 679.
GUH plans to launch RM400 mil high-end residential project in Seremban next year
GEORGE TOWN: GUH Holdings Bhd plans to reduce its reliance on the revenue contribution of its core business of printed circuit board (PCB) — which is used in a range of electronic devices like refrigerators to audiovisual equipment — by 30% in the next five years, by shifting its focus to property development and public utility for more stable income streams.
Developers wish for Dibs comeback, lower RPGT rates
KUALA LUMPUR: Property developers hope the developer interest bearing scheme (Dibs) will make a comeback in Budget 2016, a controversial property financing scheme that was banned in 2014 as part of the government's cooling measures.
Perak’s D Mall and D Hotel attract bids up to RM130m
KUALA LUMPUR: A two-year-old mall-cum-hotel in Bandar Seri Iskandar, Perak has captured the attention of investors, including a listed real estate investment trust (REIT), sources said.
Don’t rush to sell your land, Najib tells Kampung Baru residents
KUALA LUMPUR (Oct 19): Prime Minister Datuk Seri Najib Razak yesterday advised Kampung Baru residents to keep their land as the value will increase due to the many developments the government has planned for Kuala Lumpur’s last remaining Malay enclave.
MBAM wishes import duties for heavy construction machinery reduced, normalisation of foreign workers
KUALA LUMPUR (Oct 19): Master Builders Association Malaysia (MBAM) hopes to see a greater reduction in import duties for heavy construction machinery as well as a normalisation of foreign workers under the 6P Programme to Temporary Work Permit (PLKS) status, which can be renewed instead of deporting them back, in this Friday's Budget 2016 announcement.
A real test and the catalysts for Iskandar Malaysia
THE current cautious sentiment and oversupply situation in Iskandar Malaysia are making it tough for developers and investors to unload their properties — it can take months to dispose of a property and even then, it may have to come with a double-digit price cut, according to Chestertons Singapore managing director Donald Han.
