News about ev

KUALA LUMPUR (May 14): The Entrepreneur and Cooperative Development Ministry has announced the appointment of Datuk Jalaluddin Alias (pictured) as UDA Holdings Bhd (UDA) chairman effective May 13, 2020.

KUALA LUMPUR (May 12): Public-listed property developer EcoFirst Consolidated Bhd has completed the development of Liberty @ Ampang Ukay on Jan 10 this year.

KUALA LUMPUR (May 12): Ageson Bhd, whose share trade was suspended for an hour until 10.

KUALA LUMPUR (May 5): Hong Leong Investment Bank Bhd (HLIB) said today it sees the likelihood of property developers in Malaysia revising sales and launch value targets as the Covid-19 pandemic takes its toll on the broader economy.

PETALING JAYA (May 1): Johor has the highest number of overhang serviced apartments in the country but the situation is being mitigated by the state government's move to freeze applications for such developments in the state.

PETALING JAYA (May 1):  It is estimated that unsold Bumiputera units contributed to about at least 40% of the total residential property overhang units in Malaysia.

PETALING JAYA (May 1): Property developers who want to sell their products to foreigners should join in efforts to promote the country first and foremost before promoting their own individual projects, said Real Estate and Housing Developers' Association (Rehda) president Datuk Soam Heng Choon.

PETALING JAYA (May 1): Will freezing approvals for new projects help overcome the property overhang situation in Malaysia? Read also Promote Malaysia before promoting projects, developers told Efficient Bumiputera units release can help reduce property overhang Developers continue push for HOC extension Supply of serviced apartments being reduced amid overhang A suggestion to freeze approvals for new projects in view of the overhang was raised by a viewer during EdgeProp.

KUALA LUMPUR (April 29): Lauding the government’s decision to allow approved businesses to fully resume their operations from today, Mah Sing Group Bhd said Putrajaya should also consider lifting the lockdown for the property sector.

KUALA LUMPUR (April 29): Local Chinese-language newspaper Oriental Daily will only be printing on weekdays from May 1 onwards, and will also be reducing its newsstand price from RM1.