News about en

  Here are the price growth trends and indicative asking rental yields for non-landed residences in Northeast Penang.

GEORGE TOWN (Jan 13): The State Land and Mines Office has been instructed not to authorise any land transactions involving 1Malaysia Development Bhd (1MDB) without the state's prior approval.

KUALA LUMPUR (Jan 13): A new entity formed via a joint venture between UEM Sunrise Edgenta TMS Sdn Bhd (UEMSET), and Township Management Services Sdn Bhd (TMS) — which is a wholly-owned subsidiary of Medini Iskandar Malaysia Sdn Bhd, will kick off its township management services this year, specifically for building owners and residents of Medini and Iskandar Puteri (formerly known as Nusajaya) townships in the Iskandar Malaysia region in Johor Bahru.

KUALA LUMPUR (Jan 13): Bina Puri Holdings Bhd targets to secure construction projects worth RM1 billion this year, from both overseas and domestic market.

Hua Yang Bhd (Jan 12, RM1.

  We continue our focus on Northeast Penang by looking at average prices on a per square foot (psf) basis.

KUALA LUMPUR (12 Jan): The demand and price of high-rise residential property is expected to remain flat in the next two to three years owing to mismatch between supply and demand, according to international property consultants C H Williams Talhar & Wong Sdn Bhd (WTW).

JOHOR BAHRU (Jan 12): MB Group has launched its affordable house product, Rumah Mampu Milik Johor (RMMJ) in Bandar Penawar, Kota Tinggi, Johor yesterday.

GEORGE TOWN (Jan 12): The land owner is not allowed to build homes on the illegally cleared Bukit Relau hilltop in Penang, even if the area has been rezoned as residential land.

KUALA LUMPUR (Jan 12): Tan Sri Dr Abd Wahab Maskan, 65, has ceased to be the chief operating officer (COO) of Sime Darby Bhd, with effect from Dec 31, 2015, due to his health and medical condition.