Developers’ margin woes to stay
KUALA LUMPUR (Dec 22): Property developers may need to brace for a sustained low-margin environment next year as they continue building new affordable homes that are expected to crimp their margins.
Johor and Melaka see sharp rise in land auctions
Malaysia’s southern region states of Johor and Melaka have recorded a significant increase in land auctions in the first nine months of 2017 (9M17) compared with the same period last year.
GBH plans RM143m property purchase
KUALA LUMPUR (Dec 21): Ceramic products company Goh Ban Huat Bhd (GBH) is planning to buy several properties in Pontian, Johor, from three companies controlled by the family of its controlling shareholders, for RM143 million.
Kimlun buys Johor plot from UEM Sunrise for RM82.1m
KUALA LUMPUR (Dec 21): Kimlun Corp Bhd is buying an 11.
Knight Frank: Malaysia’s residential market expected to soften further
PETALING JAYA (Dec 20): Malaysia’s residential market is expected to continue to soften, said global property consultancy Knight Frank in its Global House Price Index for 3Q17.
Mah Sing looks to increase landbank in Klang Valley in 2018
KUALA LUMPUR (Dec 20): Mah Sing Group Bhd is targeting to increase its landbank in Klang Valley to 75% of its total landbank, from the current level of 66%.
IWCity active, up 3.79% on takeover notice from Ekovest
KUALA LUMPUR (Dec 19): Iskandar Waterfront City Bhd (IWCity) shares rose 3.
