UEM Sunrise Bhd exceeds sales target of RM1.5 bil, sees strengthened earnings visibility with unbilled sales of RM2.7 bil
As of Sept 30, 2023, the company has recorded property sales of approximately RM1.
Crescendo to sell nine parcels of land in Johor for RM111 mil cash
In a Bursa Malaysia filing on Wednesday, CCB said its wholly-owned unit Panoramic Industrial Development Sdn Bhd (PID) had inked a conditional sale and purchase agreement with Yu Ao Sdn Bhd (YASB), to dispose of the nine parcels of land (in two parcels classified as Parcel A and Parcel B).
Government upping efforts towards Smart Cities
To incentivise towns and cities to transition into Smart Cities, the Ministry of Local Government Development (KPKT) will provide a RM200,000 grant to local authorities that win the Malaysia Urban Planning Awards (MUPA) starting next year.
Property sector outlook to remain positive on healthy loan applications — MIDF Research
Pointing to recent news on the possibility of a high-speed rail (HSR) project between Ipoh and Kuala Lumpur, MIDF said the project would improve demand for properties in Ipoh and concurrently benefit property developers that have exposure in the state.
LBS to raise RM750m via sukuk, sets up its own sustainability financing framework
The programme provides the group the flexibility to issue both Sukuk Wakalah and Sustainability Sukuk Wakalah that complies with green/social/sustainability/sustainable and responsible investment sukuk guidelines, frameworks, standards or principles issued by the SC, the Asean Capital Markets Forum, or the International Capital Market Association.
Teo Seng sells two-storey factory in Singapore for RM29.41m
The disposal gives rise to an opportunity to strengthen its liquidity and cash flow, which can be channelled to repayment of bank borrowings and working capital, Teo Seng said in a stock exchange filing on Tuesday.
RM18.3b worth of unsold houses in 2Q, says deputy minister
Deputy Local Government Development Minister Akmal Nasrullah Mohd Nasir stated that, according to the National Property Information Centre (Napic), this indicates a 5.
KPS sued over alleged land fraud in Kuala Langat
The dispute involves two parcels of land measuring 9.
Putrajaya urged to review ‘outdated and arbitrary’ housing affordability rule based on 30% of income
The current rule is also not based on the needs of Malaysian households, Ipsos Malaysia said in a statement.
DONE DEAL: Condominium unit, The Pearl, KLCC, Kuala Lumpur
DONE DEAL: Agricultural land, Tanarimba, Janda Baik, Pahang DONE DEAL: Serviced residence, Residensi Lucentia, Kuala Lumpur The Pearl is situated in the highly sought-after and esteemed district of the city, adjacent to renowned landmarks like the Petronas Twin Towers and the Pavilion Kuala Lumpur.
