Opening of Melawati Mall extended to 2Q17, from 4Q16
KUALA LUMPUR (July 21): The Sime Darby Property Bhd-CapitaLand Mall Asia joint venture has decided to further extend the opening of its Melawati Mall to the second quarter of next year (2Q17).
Yong Tai warrant holders approve Sino Haijing’s capital injection
KUALA LUMPUR (July 21): Warrant holders of property developer Yong Tai Bhd have approved the issuance of up to 220.
Gamuda builds RM63m international school in its township
KAJANG (July 21): Gamuda Land Sdn Bhd, the property development arm of Gamuda Bhd, is investing RM63 million to build an international school campus at its Jade Hills township in Kajang, Selangor.
BNM: The issue is affordability, not credit access
KUALA LUMPUR (July 21): Credit access is not the problem confronting potential homebuyers, but rather more fundamental issues like affordability and shortage of supply of reasonably priced houses, says Bank Negara Malaysia (BNM).
Hua Yang proposes 1-for-3 bonus issue; 1QFY17 net profit down 20%
KUALA LUMPUR (July 21): Property developer Hua Yang Bhd, which saw its first-quarter net profit fall 20%, has proposed to undertake a one-for-three bonus issue to reward its shareholders and increase its capital base to better reflect its current scale of operations.
UOA REIT’s 2Q distributable income flat
KUALA LUMPUR (July 21): UOA Real Estate Investment Trust (REIT) said its total income available for distribution slipped 3.
Aged care and retirement communities need a rethink in Malaysia
GROWING old is inevitable, no matter how much you juice, exercise or slap on expensive moisturiser.
Time for property investors to reassess their holdings
THE local property market has seen frenzied buying in recent years as real estate is considered by many to be the perfect investment in the face of rising inflation.
Matrix Concepts to build more high-end homes
BETTER known for building affordable residential and commercial properties, Seremban-based developer Matrix Concepts Holdings Bhd is planning to target the mid- to high-income market with the launch of higher-end properties.
BNM: First-time home owners continue to have access to financing
KUALA LUMPUR (July 21): First-time home owners continue to have access to financing, said Bank Negara Malaysia (BNM), in response to calls for lending guidelines to be reviewed to ease home ownership for first-time homebuyers.
