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PETALING JAYA (Oct 5): Forest City in Johor will not suffer from low occupancy in the long term, owing to the incoming high-speed rail and the job opportunities being created within the region, said Country Garden Pacificview Sdn Bhd president and chief strategy officer Dr Yu Runze.

PETALING JAYA (Oct 5): With the current slowdown state of the property market, what kind of products are the market looking for? UEM Sunrise CEO and managing director, Anwar Syahrin Abdul Ajib noted that 2-3 storey terraced homes are still in high demand and the most transacted in the region of Klang Valley and Johor.

JOHOR BAHRU (Oct 5): IKEA Tebrau will open its doors on Nov 16, becoming the Swedish affordable furniture’s first store in Malaysia’s southern region and the largest one in Southeast Asia.

MELBOURNE (Oct 5): Melbourne Square, a joint-venture development between OSK Property Holdings Bhd and the Employees Provident Fund (EPF) Malaysia, will begin its groundwork in November this year and the first phase is slated to complete by end-2020.

KUALA LUMPUR (Oct 5): The RM55 billion price tag for the construction of the East Coast Railway Link is not as hefty or inflated as some may argue, said Malaysia Rail Link Sdn Bhd (MRL) Infra Director Nor Rizan Mohd Akhir.

PETALING JAYA (Oct 5): Developers who are not able to deliver their residential projects on time may request for an extension of an additional 12 months from the original 36 months, provided no sale and purchase agreement has been signed, said Minister of Urban Wellbeing, Housing and Local Government Tan Sri Noh Omar.

PETALING JAYA (Oct 5): The government should pick the “low-hanging fruits” that could lead to significant shifts in the property market, said Lendlease Projects Sdn Bhd director and country head Dinesh K Nambiar.

KUALA LUMPUR (Oct 4): Investment banks (IB) should not take a short-term view on a property lending guideline, introduced in 1997, as it is still relevant today, said Bank Negara Malaysia.

KUALA LUMPUR (Oct 4): TRX Residences, the residential component of the 17-acre TRX Lifestyle Quarter, is aiming to launch its first homes sometime in 1Q18.

KUALA LUMPUR (Oct 4): Advancecon Holdings Bhd has secured a sub-contract worth RM32.