News about ev

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.

THE prime tract that Titijaya Land Bhd and its joint-venture partner Amona Development Sdn Bhd are eyeing is located near Berjaya Times Square in Imbi — within a 2km radius of the upcoming Tun Razak Exchange (TRX) — sources say.

KUALA LUMPUR (Nov 7): SkyWorld Development Sdn Bhd may be new in the local property market, but it has set an ambitious target -- it wants to be one of the top 10 property developers in the country within the next five years.

PETALING JAYA (Nov 6): The Employees Provident Fund (EPF) has invested RM250 million into the AREA Industrial Development Fund (AIDF-1), for a 40% share, said EPF CEO Datuk Shahril Ridza Ridzuan at the launch of the fund yesterday.

KUALA LUMPUR (Nov 5): The country has, under the Eleventh Malaysia Plan 2016-2020 (11MP), identified “sustainable construction” as the game changer for the construction industry, said Construction Industry Development Board (CIDB) Malaysia chief executive Datuk Dr Judin Abdul Karim (pictured) at the Zofnass Programme Symposium held at Harvard University in the US recently.

SHAH ALAM (Nov 4): The design for the new alignment to the Damansara-Shah Alam Elevated Expressway (DASH) in Damansara Perdana near here is still at discussion stage, the Selangor State Assembly was told yesterday.

Property sector Maintain overweight with buy calls on Mah Sing Group Bhd, Malaysian Resources Corp Bhd, Eastern & Oriental Bhd and Titijaya Land Bhd: The Edge weekly reported that the federal government is considering a proposal by the Real Estate and Housing Developers’ Association Malaysia (Rehda) to relax lending guidelines to boost first-home ownership.

  PETALING JAYA, (Oct 30): Titijaya Land Berhad is partnering with Amona Development Sdn Bhd to develop a 2.

SEMENYIH (Oct 25): Despite current economic uncertainties, investing in property is still a good move as the segment has enjoyed good capital appreciation over the past five years, said Eco World Development Group chief executive officer Datuk Chang Khim Wah at the Eco World Conference today.

We asked several property experts and agents on their views on the lack of changes or announcements on Real Property Gains Tax (RPGT) and Developers Interest Bearing Scheme (DIBS) for Budget2016.