Penang non-landed residences do well on the island; landed homes on the mainland
PENANG (Sept 23): Non-landed residential projects on Penang island have performed better than landed homes on the island in recent years.
Hard Rock Hotel Desaru Coast in Johor Bahru to open in 4Q2017
PETALING JAYA (Sept 23): Hard Rock International is set to open a Hard Rock Hotel in Johor Bahru’s Desaru Coast in 4Q2017.
CIMB says higher withdrawal cap of EPF savings 'most' promising for Malaysian home buys
KUALA LUMPUR (Sept 23): A higher withdrawal cap on the Employees Provident Fund (EPF) savings appears to be the most viable among proposals to help first-time homebuyers in Malaysia, according to CIMB Investment Bank Bhd.
KL offers best value for property investors, says Knight Frank
KUALA LUMPUR (Sept 23): With attractive yields on offer besides the relative weakness of the Malaysian ringgit, Kuala Lumpur gives real estate investors the best value in terms of long-term growth prospects, according to international real estate services firm Knight Frank in its 2017 Global Cities report.
National Real Estate Awards receives 31 submissions
KUALA LUMPUR (Sept 23): The annual MIEA National Real Estate Awards (NREA) organised by the Malaysian Institute of Estate Agents (MIEA) has received 31 submissions and more than 20 winners will be announced at the gala dinner to be held on Oct 1 at Sime Darby Convention Centre in Kuala Lumpur.
S P Setia to officially launch ViiA Residences by end September
KUALA LUMPUR (Sept 22): S P Setia Bhd is targeting to launch its second serviced residence in KL Eco City, ViiA Residences, at the end of this month, pending approval from the authorities.
Tropicana, China Metallurgical in talks about township development
KUALA LUMPUR (Sept 22): Tropicana Corp Bhd is talking to China Metallurgical Group Corp on a potential township development joint venture (JV).
Malaysia's Public Sector Housing Financing Board's RM4b bond oversubscribed
KUALA LUMPUR (Sept 22): The Malaysian Government's Public Sector Housing Financing Board said its RM4 billion Islamic bond was oversubscribed more than three times, due to its "strong credit standing.
MyTOWN opening delayed to 1Q2017
KUALA LUMPUR (Sept 22): The opening of the RM3 billion gross development value MyTOWN Shopping Centre in Cheras is delayed from the initial target of November this year, amid headwinds faced by the shopping mall segment.
