News about developer

From a plastics trading firm in 1965, Mah Sing Group Bhd has grown into a leading property developer today, creating a portfolio of prime residential and commercial developments across the country in the 20 years since it entered the field.

The interview with C S Kong, the media-shy managing director of UOA Development Bhd, takes place in a corporate club at the company’s 60-acre flagship integrated development Bangsar South.

While negative sentiment continues to loom over Iskandar Malaysia’s property sector, UEM Sunrise Bhd managing director and CEO Anwar Syahrin Abdul Ajib is clearly focused on ensuring that its projects there succeed.

KUALA LUMPUR (Nov 26): The annual rate of appreciation for homes has dropped from 12.

Property sector Maintain overweight with buy calls on Mah Sing Group Bhd, Malaysian Resources Corp Bhd, Eastern & Oriental Bhd and Titijaya Land Bhd: The Edge weekly reported that the federal government is considering a proposal by the Real Estate and Housing Developers’ Association Malaysia (Rehda) to relax lending guidelines to boost first-home ownership.

We asked several property experts and agents on their views on the lack of changes or announcements on Real Property Gains Tax (RPGT) and Developers Interest Bearing Scheme (DIBS) for Budget2016.

KUALA LUMPUR (Sept 14): Most property developers are glad that the weakening ringgit has minimal impact on their development costs, but high-end projects which have more imported building materials, may be affected.

KUALA LUMPUR (April 24): Malaysian property developers can halt the degradation of the environment and go green by improving their corporate social responsibility practices, said Deputy Minister of Urban Well-Being, Housing and Local Government Datuk Halimah Mohamed Sadique.

KUALA LUMPUR (April 4): GreenRE (Green Real Estate) has called for more developers to use the “green” building concept to produce environmentally friendly developments during the Malaysia Property Expo Klang Valley 2015 (Mapex-Klang Valley 2015) in Mid Valley today.

KUALA LUMPUR (March 30): When the Goods and Services Tax (GST) comes into force on April 1, the property market will be split into taxable and non-taxable properties.