Police investigate ownership claim over jewellery seized from Najib-linked properties
KUALA LUMPUR (Oct 24): Information is still being gathered by the police, regarding claims on jewellery seized from premises linked to Datuk Seri Najib Tun Razak.
LBS calls for allocations for first time homebuyers in Budget 2019
PETALING JAYA (Oct 23): LBS Bina Group Bhd is hopeful that new measures to empower first-time homebuyers will be announced in the upcoming Budget 2019.
Galaxy Ampang mall shop owners hope for revival
AMPANG (Oct 23): Owners of lots at the Galaxy Ampang Mall have faced a lack of anchor tenants, empty floors, and at times, no air-conditioning and electricity.
Hong Kong property tycoon Walter Kwok dies, say reports
KUALA LUMPUR (Oct 22): Walter Kwok (pictured), the former chairman of Hong Kong developer Sun Hung Kai Properties Ltd, died early Saturday at the age of 68, said statements from his family and the property company, reported Bloomberg.
Risk of order-book reductions seen for construction sector
Construction sector Maintain neutral: In the mid-term review of the 11th Malaysia Plan 2016 to 2020 (11MP), the government has cut the development expenditure ceiling to RM220 billion from RM260 billion to consolidate its fiscal position.
UPDATE: NREA marks its 10th year of recognising excellence in the property industry
KUALA LUMPUR (Oct 21): This year marks the 10th year since the National Real Estate Awards (NREA) was launched in 2009 to recognise excellence in the real estate industry, including real estate agents, real estate firms, real estate negotiators and probationary estate agents or valuers.
Illegal brokers from neighboring countries giving Malaysia bad rep – deputy housing minister
KUALA LUMPUR (Oct 21): The Housing and Local Government Ministry (KPKT) plans to work with relevant stakeholders to tackle the issue of more illegal brokers in Malaysia, said its Deputy Minister Raja Kamarul Bahrin Shah Raja Ahmad.
'Avoid new taxes and maintain RPGT rate in Budget 2019'
PETALING JAYA: The government should not implement new taxes on the real estate industry, especially counter-productive ones such as a vacancy tax, said the immediate past president of the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) Foo Gee Jen.
Management and maintenance are key when buying older properties
SHAH ALAM (Oct 20): How do you decide if an old property is worth investing in and what are the signs you look out for? According to Sri Penaga Management Corporation chairman Khaw Chay Tee, the management and maintenance of the property are key factors to consider.
HSBC Malaysia headquarters on the market
Ahead of the completion of its new RM1 billion headquarters in the Tun Razak Exchange (TRX), HSBC Bank Malaysia Bhd has placed Menara HSBC South Tower (which currently houses its main office) up for sale.
