Best Western i-City opens
SHAH ALAM: Selangor’s i-City will see RM700 million investments in three hotels and a total accommodation of 1,000 rooms in the near future.
Soft property market in Sabah
KUALA LUMPUR (April 28): Sabah’s property market continued to remain soft in 2014.
IJM Land in JV with S’pore firm on RM3 bil Penang waterfront project
PETALING JAYA: IJM Land Bhd has acquired a 32.
WCT Holdings sets lower sales target for 2015 but could see rebound due to large landbank
KUALA LUMPUR (April 27): Affin Hwang Capital reported on April 24 that WCT Holdings Bhd has set lower sales target for 2015 but due to its 2,200 acres (890.
Matrix Concepts to develop Damansara of Seremban
SEREMBAN (April 27): Property developer Matrix Concepts Holdings Bhd expects Bandar Sri Sendayan (BSS) in Seremban to flourish into a town centre similar to that of 1 Utama upon completion in seven to eight years, according to group managing director and CEO Datuk Lee Tian Hock.
Residential market’s first signs of recovery since 2012
KUALA LUMPUR (April 27): The slight uptick in the volume of residential property transactions in 2014 points to the first signs of a recovery since the segment’s “continuous dip” from 2012, says Raine & Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh (pictured).
Slight rebound in Terengganu’s property market
KUALA LUMPUR (April 27): Terengganu’s property market saw the value and volume of its transactions rise by 18.
THE EDGE REIF 2015: Pre-GST’s 1Q2015 saw minimal change in property market
PETALING JAYA (April 25): There was minimal change in transacted volumes and values in the first quarter of this year (1Q2015) as the property market readied itself for the Goods and Services Tax (GST), said Reapfield Academy Sdn Bhd group CEO and president Dr Gerald Kho (pictured) during his presentation on the topic “Post-GST – The Real Impact on Buyers” at The Edge Investment Forum on Real Estate 2015 today.
THE EDGE REIF 2015: Higher cost, margin compression pressure for developers with GST
PETALING JAYA (April 25): Developers will experience higher cost of inputs and margin compression pressure after the implementation of Good and Services Tax (GST), said Sunway Bhd’s managing director of property development division of Malaysia and Singapore, Sarena Cheah (pictured) during her presentation on “Post-GST -- The Real Impact on Buyers” at the The Edge Investment Forum on Real Estate 2015 today.
THE EDGE REIF 2015: Knowledge of GST penalties important
PETALING JAYA (April 25): Deputy president of the Real Estate and Housing Developers’ Association (REHDA) Malaysia Datuk Soam Heng Choon (pictured), has cleared the air for property purchasers, stating that while the rules surrounding Goods and Services Tax (GST) are still vague for most people, it will bode well for buyers to download the regulation manual and understand it.
