Mah Sing’s three weekend launches see average 95% bookings
KUALA LUMPUR (Oct 30): Mah Sing Group Bhd saw three of its new projects across Malaysia that were previewed over the weekend record an average booking rates of 95%.
Tips for an open concept wardrobe from Shalma Aina
Having an open wardrobe or walk-in wardrobe is great but it could also end up being an eyesore, especially when things start to flow out of their compartments and you do not have doors to keep the ugliness out of sight.
Budget 2018 trains eyes on rental market
KUALA LUMPUR (Oct 27): Budget 2018’s proposals to stimulate the housing rental market could mark the beginning of a greater focus on the rental market in the near future, according to Laurelcap Sdn Bhd executive director Stanley Toh.
Budget 2018 may boost the property market ‘indirectly’
PETALING JAYA (Oct 27): Although Budget 2018 doesn’t have any significant proposals for the property market, some of the proposals may indirectly offer opportunities to boost demand for houses.
50% tax exemption on rent should be given to tenants, not landlords, says RISM
PETALING JAYA (Oct 27): It will be more appropriate if the government granted the 50% tax exemption to tenants as they are the party in need of assistance, instead of rewarding landlords with the Budget 2018 measure to halve tax on rental income, said the Property Management, Valuation and Estate Agency Surveying (PMVS) Division of the Royal Institution Of Surveyors Malaysia (RISM) in a statement today.
Budget 2018 proposals could spur the market, say economists
PETALING JAYA (Oct 27): Economists and analysts are viewing the housing and construction-related proposals in Budget 2018 positively as they could spur the property market.
MBAM had hoped for lower import duties on machinery and IBS incentives in Budget 2018
PETALING JAYA (Oct 27): Master Builders Association Malaysia (MBAM) was hoping for lower import duties for heavy construction machinery and more incentives in Budget 2018 to be disbursed to industry players who use Industrialised Building System (IBS) and Building Information Modelling (BIM), such as equipment tax reduction and tax incentives, it said in a post-budget statement today.
Hua Yang 2Q net profit plunges 97% on lower sales
KUALA LUMPUR (Oct 27): Affordable housing developer Hua Yang Bhd saw its net profit plunge 97% to RM584,000 in its second quarter ended Sept 30, 2017 (2QFY18), from RM16.
BBCC welcomes the first Canopy by Hilton in Southeast Asia
KUALA LUMPUR (Oct 27): Bukit Bintang City Centre (BBCC) at the former Pudu Prison site in Kuala Lumpur will house the first Canopy by Hilton in Southeast Asia, following the signing of a sale and purchase agreement.
