Homebuyers to bear the brunt of rising building costs
KUALA LUMPUR (April 20): Property developers have warned that home prices may rise following the government’s recent move to slap a safeguard duty on the import of certain steel products for three years.
Rise in number of landed homes sold at auctions
IN 1Q2017, of eight properties sold under the hammer, four were landed homes, according to JLL in a release on April 3.
S P Setia offers differential sum loan scheme to its buyers
SHAH ALAM (April 19): Property developer S P Setia Bhd has launched a differential sum loan scheme that offers interest rates from 5.
Analysts hold S P Setia's earnings forecast pending Singapore project launch
KUALA LUMPUR (April 19): Analysts are holding their earnings forecast for S P Setia Bhd after it won the tender for a plot of prime land in Singapore, amid concern over the group’s valuation due to the high cost of the land.
Sales from new property launches improved in 2H2016, says Rehda
PETALING JAYA (April 19): The number of properties launched in the second half of 2016 (2H2016) almost doubled from 1H2016.
Rehda: Review cooling measures to boost sales
KUALA LUMPUR (April 19): The Real Estate and Housing Developers’ Association Malaysia (Rehda) has once again called on the government to review its property cooling measures to boost property sales.
ML Global eyes more JVs, land buys to undertake property projects
KUALA LUMPUR (April 19): ML Global Bhd, which is planning to diversify into property development and investment, says it is in the midst of exploratory talks to buy more lands and to undertake more joint ventures to develop small to medium scale projects.
AmFIRST REIT's 4Q NPI rises 15%, pays 2.13 sen DPU
KUALA LUMPUR (April 19): AmFIRST Real Estate Investment Trust (REIT) saw its net property income (NPI) grow by 15.
Yong Tai yet to start formal talks on garment unit disposal
KUALA LUMPUR (April 19): Property developer Yong Tai Bhd said yesterday it is considering disposing of its ailing textile and garment business in the near future.