Developer: Oversupply of unsold units not developers’ fault
PETALING JAYA (Jan 3): Blaming developers for the oversupply of unsold properties is due to a lack of understanding of market needs, says a developer.
PETALING JAYA (Jan 3): Blaming developers for the oversupply of unsold properties is due to a lack of understanding of market needs, says a developer.
PETALING JAYA (Jan 2): The High Court today awarded RM825,000 to a housewife who made a counter claim against a developer for a tort of conspiracy and malicious prosecution.
KUALA LUMPUR (Jan 2): Prime Minister Tun Dr Mahathir Mohamad says the MCA should close down as the party has clearly been rejected by the people.
PETALING JAYA (Jan 2): Penang State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo said that the property market in Penang was still strong despite reports of overhang units.
KUALA LUMPUR (Jan 1): Lim Keong Hui, the son of Tan Sri Lim Kok Thay — chairman and chief executive officer (CEO) of Genting Group — has been appointed as deputy CEO of Genting Bhd, Genting Malaysia Bhd and Genting Plantations Bhd effective tomorrow (Jan 1).
KUALA LUMPUR (Dec 31): Talam Transform Bhd said today third quarter net loss from continuing operations narrowed to RM3.
KUALA LUMPUR (Dec 31): Scientex Bhd saw its share price fall as much as 7.
KUALA LUMPUR (Dec 31): French regulators have seized properties worth up to €150 million belonging to former Aabar Investments PJS Ltd chairman Khadem Al-Qubaisi in its probe into 1Malaysia Development Bhd (1MDB), according to Sarawak Report (SR).
KUALA LUMPUR (Dec 29): Datuk Tan Eng Boon, who is currently facing graft charges for bribing former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor in relation to a property project in Kuala Lumpur, has resigned as chairman of Paragon Globe Bhd.
In a survey conducted by The Edge of seven leading real estate experts, the most hotly anticipated deals for 2019 were discussed.