News about ho

KUALA LUMPUR (Oct 11): PRG Holdings Bhd is set to develop its first affordable housing development in Ipoh, Perak with Syarikat Perumahan Negara Bhd (SPNB) once it has acquired the parcels of land there for the remaining sum of RM8.

KUALA LUMPUR (Oct 11): Sunway Bhd’s subsidiary, Sunway Lagoon Sdn Bhd (SLSB), has proposed to raise its stake in property developer Sunway South Quay Sdn Bhd (SSQ) to 80% from 60%.

KUALA LUMPUR (Oct 10): Vizione Holdings Bhd has bagged a contract worth RM465 million to construct five blocks of affordable homes and 14 shoplots.

PETALING JAYA (Oct 9): The Association of Banks in Malaysia (ABM) has refuted allegations that homebuyers are finding it tougher to obtain housing loans and that loan approval times are increasing.

WCT Holdings Bhd (Oct 6, RM1.

KUALA LUMPUR (Oct 6): Piling and foundation specialist Econpile Holdings Bhd has bagged a RM48 million contract from Malaysian Resources Corp Bhd (MRCB) for its 9 Seputeh mixed development project at Old Klang Road.

PETALING JAYA (Oct 6): E-commerce will not replace shopping malls because both models need each other to survive, said Retail Group (Malaysia) Sdn Bhd managing director Tan Hai Hsin.

PETALING JAYA (Oct 6): Instead of seeing affordable housing as a specific segment, homes should be made generally affordable for all citizens, said Khazanah Research Institute director of research Dr Suraya Ismail.

PETALING JAYA (Oct 6): Although there may be a surplus of residential properties in the Iskandar Malaysia region in the short term, it is not a big issue in the long run as the economic zone aims to have about 600,000 to almost 700,000 houses by 2025, said Iskandar Regional Development Authority vice-president of planning and compliance Sakurah Jamaluddin.

PETALING JAYA (Oct 6): Property rental laws are vital to establishing a more robust rental market in Malaysia, said Minister of Finance II Datuk Seri Johari Abdul Ghani.