Sanbumi inks JV agreement for mixed development in Penang
KUALA LUMPUR (April 3): Sanbumi Holdings Bhd’s unit Sanbumi Sawmill Sdn Bhd (SSSB) is going to jointly develop a proposed mixed development in Seberang Perai, Penang, worth an estimated RM127.
Putrajaya overspent RM9b in Budget 2018
KUALA LUMPUR (April 4): The federal government spent around RM9 billion more than the RM280.
Melaka Gateway developer seeks review of minister’s decision to cancel licence
KUALA LUMPUR (April 2): A developer for the Melaka Gateway integrated deep sea port project has filed a judicial review at the High Court to challenge Transport Minister Anthony Loke's decision to cancel the port operating licence granted to the firm by the previous federal government.
Cagamas inks MoU with Korea Housing Finance Corp to promote homeownership
KUALA LUMPUR (April 2): Cagamas Bhd has inked a memorandum of understanding (MoU) with Korea Housing Finance Corp (KHFC) to explore housing financing methods to further promote homeownership in Malaysia and Korea.
Felcra uses up RM500m aid money on Menara Felcra skyscraper instead, says deputy minister
KUALA LUMPUR (April 2): Felcra Bhd had to reduce the cost of living aid given to its participants as RM500 million in funds originally earmarked for the purpose was instead rerouted to the Menara Felcra project at Jalan Semarak, revealed Deputy Economic Affairs Minister Mohd Radzi Md Jidin today.
Residential Tenancy Act to be developed in two years, says ministry
KUALA LUMPUR (April 2): Malaysia is currently studying the Residential Tenancy Act to provide new laws governing the country's housing rental market, said the Housing and Local Government Ministry today, adding the new act will take two years to develop.
KPKT looking to secure foreign financiers for RTO scheme
KUALA LUMPUR (April 2): Malaysia's Housing and Local Government Ministry is looking to secure foreign financiers to fund a Rent-to-Own (RTO) scheme for houses that will be built under the National Affordable Housing Policy.
Healthcare and institutional sub-sector in Malaysia is a hidden gem, says Knight Frank Malaysia
PETALING JAYA (April 2): The healthcare and institutional property sub-sector in 2019 is expected to continue its relatively good performance last year, supported by growing demand and fundamentals, according to Knight Frank Malaysia.
Where are the sweet spots of the commercial property sector in 2019?
PETALING JAYA (April 2): A Knight Frank Malaysia survey has found that the logistics or industrial sub-sector is the top favourite commercial property segment that is expected to perform well this year in the Klang Valley and Johor while the hotel or leisure segment will continue to be favoured in Penang and Sabah.
