HLIB upgrades property sector, sees benefits from revamped MM2H policy
HLIB said that in the Klang Valley, most developers with exposure in this area are expected to benefit as many properties are priced above RM600,000.
Kerjaya Prospek Property officially opens Bloomsvale Shopping Gallery in KL
Bloomsvale Shopping Gallery comprises 320,000 sq ft of gross floor area and houses 100 retail units across four levels with 230,000 sq ft of net lettable area.
Trive Property proposes two-for-five bonus issue of warrants
As at May 31, 2024, Trive Property’s total issued share capital is RM196.
OSK Property collabs with Affin Bank to provide financial solutions tailored to women homebuyers
“Affinita” is designed to meet the needs and aspirations of female homebuyers by offering discounts, privileges and other benefits through partnerships with over 100 merchants, such as fashion boutiques and wellness retreats.
Tropicana Corp partners Samsung to offer AI home appliances in upcoming developments
The home appliances will be sourced from Samsung’s Bespoke AI collection, including refrigerators, washers, air conditioners and vacuums, according to a press statement on Thursday.
Glomac 4Q net profit up 8% on fair value gain on investment property, pays 1.25 sen dividend
On property outlook, Glomac is cautiously optimistic of the improvement in the property market in the FY2025, amidst ongoing concern over higher construction cost.
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LBS Bina’s unbilled sales stood at RM1.71 bil as at end-May
"LBS Bina's land bank (as at end-May) totalling 2,661 acres will continue to drive growth and profitability, while reaffirming its commitment to maximise shareholder value and deliver sustainable long-term returns,” said its executive chairman Tan Sri Dr Lim Hock San.
Solarvest buys office space from related party Chin Hin Property for RM48.73 mil cash
Solarvest said the proposed acquisition is to allow the company to set up its new headquarters and own a permanent business premises for growing its business, operations and staff strength.
Avaland officially launches Aetas Seputeh with 50% take-up
With a gross development value of RM504 million, Aetas Seputeh comprises 126 units in two towers — a 46-storey Tower A and 38-storey Tower B — and occupies a 1.
Builders group appeals to expand diesel subsidy to cover construction vehicles
The cutting of blanket diesel subsidies has increased the cost of construction materials like quarry products and ready-mix concrete, indirectly affecting the industry, as the majority of construction contracts are fixed-price lump sums, said MBAM and PKBM in a joint statement on Thursday.
