News about er

KUALA LUMPUR (Sept 13): VERITAS Design Group is one of the 2016 recipients of “Cityscape Awards Emerging Markets” award under the category of Leisure & Hospitality award (built) for its Sinkeh Hotel project in George Town, Penang by Dubai’s Cityscape Awards Global.

KUALA LUMPUR (Sept 13): Property developers have hit back at the Selangor government for amending policies and imposing surcharges that would increase their costs of business, an issue that becomes all the more critical when the current soft market forces them to compete for the segment that demands affordable homes.

KUALA LUMPUR (Sept 13): Analysts expect no significant impact on the local property market, following the government’s move to allow eligible property developers to obtain a licence under the Moneylenders Act and Pawnbrokers Act to provide up to 100% financing for homebuyers.

SERI KEMBANGAN: Country Heights Holdings Bhd (CHHB) plans to re-launch its Chipi or Country Heights Innovation in Property Investment (Chipi) scheme, which offers cash-back rewards to selected buyers, sometime before the end of the year.

KUALA LUMPUR (Sept 10): Following the popularity of Legoland Malaysia, Medini Iskandar Malaysia Sdn Bhd (MIM) is set to repeat the success in its 76-acre development, the Medini Iskandar township.

PETALING JAYA (Sept 9): The Valuation and Property Services Department (JPPH) is urging property owners who are dissatisfied with their valuation results to send their appeals to Petaling Land Office to have their appeals recorded.

PETALING JAYA (Sept 9): Qi City integrated development by Green Venture Capital (GVC), a subsidiary of Wawasan Qi Properties Group (WQIP), is poised to be the next catalyst for Ipoh and it’s expected to contribute RM1.

SINGAPORE (Sept 9): Maybank Kim Eng has upgraded two Singapore office REITs, CapitaLand Commercial Trust (CCT) and Keppel REIT, to “buy” from “hold”, even as office rents are expected to continue to slide in the near term.

PETALING JAYA (Sept 9): Iskandar Puteri (Nusajaya), Johor would benefit from the Kuala Lumpur-Singapore High Speed Rail (HSR) link but one needs to be aware of the competition from Jurong, Singapore, said Nawawi Tie Leung Real Estate Consultants Sdn Bhd consulting and research director Saleha Yusoff.

PETALING JAYA (Sept 9): The government should work with property developers to ensure easy accessibility to public transport and infrastructure.