House prices will not come down — but sizes will
PETALING JAYA (Oct 5): Housing prices will definitely not go down as elements of property development such as land cost and development charges keep increasing, said a group of panellists.
Sime Darby pure plays get SC nod for syariah-compliant securities
KUALA LUMPUR (Oct 5): Sime Darby Bhd’s plantation and property arms have received the Securities Commission Malaysia's (SC) approval for the classification of their shares as syariah-compliant securities.
Johor Sultan’s daughter now chairs both Berjaya Assets, REDtone
KUALA LUMPUR (Oct 5): The Sultan of Johor’s daughter, Tunku Tun Aminah Sultan Ibrahim Ismail, was appointed Berjaya Assets Bhd’s (BAssets) new non-independent and non-executive chairman, effective yesterday.
Property lending rule from 1997 is still relevant, says Bank Negara
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.
TRX Residences eyes 1Q18 launch
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.
LBS Bina outlines six proposals for Budget 2018 to boost property sector
KUALA LUMPUR (Oct 4): Property developer LBS Bina Group Bhd has outlined six proposals for the upcoming Budget 2018, which it believes will benefit, in particular, first-time homebuyers, the property industry as well as the entire Malaysian economy.
Design your dream home to win RM10,000 and a trip to Paris
PETALING JAYA (Oct 4): It isn’t every day that you get to win a RM10,000 cash prize or a paid trip to Paris, but take part in the EdgeProp.
Court of Appeal upholds decision to dismiss breach of agreement suit against Ivory Properties
KUALA LUMPUR (Oct 4): Ivory Properties Group Bhd said yesterday that the Court of Appeal has upheld a decision to strike out a breach of agreement suit against its wholly-owned subsidiary.
Al-Salam REIT to acquire Mydin in Terengganu for RM155m
KUALA LUMPUR (Oct 4): Al-Salam Real Estate Investment Trust (REIT), via its trustee Amanahraya Trustees Bhd, is planning to buy the Mydin hypermarket in Gong Badak, Terengganu, for RM155 million.
Property market recovery seen by 2H18 — UEM Sunrise
KUALA LUMPUR (Oct 3): UEM Sunrise Bhd expects Malaysia's property market, particularly within the premium segment, to recover from the second half of next year on improving income growth and better mix of real estate products.
