Klang-based company buys 31.27% stake in Penang's Ideal Sun City
KUALA LUMPUR (Nov 16): Success Tower Sdn Bhd, a private incorporated company based in Klang, Selangor, had on Nov 13 purchased 49.
Young Malaysian graduates rushing to buy homes out of fear, says Khazanah Research Institute director
Petaling Jaya (Nov 16): Fresh graduates feel compelled to buy property quickly because they fear prices will soon outpace the growth of their income, said Khazanah Research Institute director of research Dr Suraya Ismail.
Borrowing just to survive
KUALA LUMPUR (Nov 16): The Ministry of Finance said in the Economic Report 2015/16 that household debt rose to 88.
Flight attendant changes career to become real estate agent
CAROLYN Chin landed on both feet after her career as an air stewardess.
Encorp ties up with Aussie firm for A$75.41 mil project
KUALA LUMPUR (Nov 13): Encorp Bhd has entered into a joint venture (JV) with an Australian developer to jointly undertake a proposed mixed development in Australia that has an estimated gross development value of A$75.
Penang property market to be resilient on sustained demand
PETALING JAYA (Nov 13): Penang’s property market is expected to stay resilient on the back of sustained demand, especially from Penangites working abroad planning to return and prospective retirees eyeing homes in the state.
Internet the way to influence buyers, says consultant
SUBANG JAYA: Some 97% of “property seekers” search for property online, of which 78% use property portals as a key source of information, according to Dehinc Asia’s futurist Gerard Kho.
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Adapting to Iskandar’s market demand
DEVELOPERS have begun to make adjustments to mitigate the slowdown in Iskandar Malaysia’s property market.
Axis-REIT to buy four plots of land for RM61 mil
KUALA LUMPUR (Nov 11): The trustee of Axis Real Estate Investment Trust (Axis-REIT), RHB Trustees Bhd, has signed a sale and purchase agreement with Axis AME IP Sdn Bhd to acquire four plots of freehold land in Johor for RM61 million.
