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KUALA LUMPUR (Aug 9): House prices in Malaysia will not go down despite current economic uncertainties, due to higher land prices and compliance costs, and increased cost of construction, said Real Estate and Housing Developers’ Association (Rehda).

KUALA LUMPUR (Aug 9): Berjaya Assets Bhd aims to increase occupancy of its Berjaya Waterfront development in Johor from 50% currently to 70% by year end, as the group expects to secure new tenants going forward.

Briton Anthony Couse moved to Singapore from Shanghai in April last year following his appointment as JLL CEO of Asia Pacific.

KUALA LUMPUR (Aug 8): ML Global has bagged a demolition and reconstruction works contract for Menteri Besar Selangor Incorporated (MBI Selangor) worth RM38 million.

PETALING JAYA (Aug 8): Global outsourcing and technology services company Aegis Ltd has expanded its presence in Malaysia with the opening of its new Business Process Management (BPM) Centre of Excellence (COE) in Medini City, the central business district of Iskandar Puteri in Johor.

PETALING JAYA (Aug 8): Property developer Selangor Properties Bhd (SPB) has awarded the main building contract for its luxury condominium development Aira Residence to Grand Dynamic Builders Sdn Bhd (GDBSB), the group announced in a press statement today.

SUNGAI BULOH (AUG 8): The walkway between Mah Sing Group Bhd’s D’sara Sentral development in Sungai Buloh, Selangor and the Kg Selamat MRT (mass rapid transit) station has been completed.

Matrix Concepts Holdings Bhd (Aug 7, RM2.

KUALA LUMPUR (Aug 8): Eastern & Oriental Bhd (E&O) shareholders have approved the disposal of a 1.

KUALA LUMPUR (Aug 8): Industry players say the perceived slow demand in low-cost housing units is mainly due to difficulty in securing financing, unsuitable location of projects as well as a shift in demand towards better quality projects.