80-storey serviced apartment towers coming up near Bukit Nanas forest reserve
PETALING JAYA (March 22): A mixed-use, high-rise development including two 80-storey serviced apartment towers will be built on a 7.
REITs’ unusual sell-off fever
KUALA LUMPUR (March 22): Half of the 18 locally listed real estate investment trusts (REITs) saw a drop in their share price yesterday, raising average dividend yields again by another 0.
Country Garden Holdings achieves record sales in China in FY17
PETALING JAYA (March 22): Country Garden Holdings Co Ltd saw its contracted sales rise 78.
Trive Property sells assets at a loss for working capital
KUALA LUMPUR (March 22): Trive Property Group Bhd is disposing of a 2.
Govt to amend hereditary land law
PETALING JAYA (March 22): The government has proposed to amend the Small Estates (Distribution) Act 1955 (Act 98) to enable the distribution of hereditary land without inheritance agreements, instead allowing the land administrator to decide according to the “majority rule” method, reported Bernama.
UEM Sunrise launches first RUMAWIP project
PETALING JAYA (March 21): UEM Sunrise Bhd has launched its first Rumah Wilayah Persekutuan (RUMAWIP) project Kondominium Kiara Kasih yesterday, it said in a statement today.
Pahang has implemented 27 PPR projects, building 3,668 homes
KUALA LUMPUR (March 21): Pahang’s government has so far built 3,668 homes under the People's Housing Projects (PPR), Menteri Besar Datuk Seri Adnan Yaakob (pictured) revealed yesterday.
IOI Properties introduces online community engagement platform
PETALING JAYA (March 21): IOI Properties Group Bhd has created an online community engagement platform via its mobile app IOI Community.
KPKT to redevelop old houses
KUALA LUMPUR (March 21): The government has plans to redevelop old houses “for the comfort and benefit of the people in the country”, minister of Urban Wellbeing, Housing and Local Government Ministry (KPKT) Tan Sri Noh Omar (pictured) said yesterday.
Malaysian REITs down as investors turn cautious
KUALA LUMPUR (March 21): Share prices of Malaysian Real Estate Investment Trusts (REITs) fell this morning amid a positive market breadth, as cautious investors trimmed positions in a rising interest rate environment.
