DRB Hicom proposes 51% buy of unit developing Media City; taps into property project
KUALA LUMPUR (Nov 27): DRB Hicom Bhd has proposed to acquire a 51% stake in Media City Ventures Sdn Bhd for RM85.
Home appreciation dropped by half since 2012, says Rahman Dahlan
KUALA LUMPUR (Nov 26): The annual rate of appreciation for homes has dropped from 12.
MK Land to focus on affordable housing developments in northern Malaysia
KUALA LUMPUR (Nov 26): MK Land Holdings Bhd said it will be focusing on affordable housing developments in the northern part of Malaysia as opposed to premium developments, because the property developer sees more demand for cheaper houses.
.jpg)
Confiscate land used as illegal dumpsites, says lawmaker
KUALA LUMPUR (Nov 26): The Federal Territories Land and Mines Office should confiscate land that is used as illegal dumpsites, says Segambut MP Lim Lip Eng (pictured).
PROPERTY SNAPSHOT 4: What’s hot in Puchong South?
• Today, we look at price growth and indicative asking rental yields for non-landed residences in Puchong South.
IGB Corp 3Q net profit up 37.6%, driven by property investment-retail, hotel units
KUALA LUMPUR (Nov 25): IGB Corp Bhd saw a 37.
Ivory Properties eyes 40-45% gross profit from Penang Times Square's phases four, five
GEORGE TOWN (Nov 25): Ivory Properties Group Bhd is expected to see a 40% to 45% gross profit contribution from phases four and five of its Penang Times Square project on Jalan Datuk Keramat, over the next five years.
KL-Singapore High Speed Rail sees global interest
KUALA LUMPUR (Nov 25): Malaysia's and Singapore's land-transport regulators said they received 98 submissions in response to the request-for-information exercise for the planned Kuala Lumpur-Singapore High Speed Rail (HSR) project.
Penang seeks explanation for proposed price hike on low cost homes
GEORGE TOWN (Nov 25): The Penang government is seeking clarification from the Urban Wellbeing, Housing and Local Government on its plan to increase the prices of low cost (LC) and low-medium cost (LMC) homes.
