Mitrajaya Holdings bags contract worth RM74.31m from MRCB Builders
KUALA LUMPUR (Nov 1): Mitrajaya Holdings Bhd has bagged a contract worth RM74.
Build 30% affordable housing instead of low cost, property expert urges government
KUALA LUMPUR (Nov 1): A property investment consultant has suggested that the government consider imposing a 30% affordable housing quota in every residential development project instead of low-cost housing, Bernama reported today.
Housing ministry working to standardise land costs, low-cost quotas between states
KUALA LUMPUR (Nov 1): The Ministry of Urban Wellbeing, Housing and Local Government said it is working on a paper to be submitted to the National Housing Department (JPN) for the standardisation of land costs and the quota for low-cost housing, which differs between the different states in the country.
KL office occupancy rates may fall further
KUALA LUMPUR (Nov 1): The occupancy rate of offices in Kuala Lumpur city has fallen to 83% from nearly 90% in 2H2015.
Pavilion REIT casts an eye over greenfield projects
Pavilion Real Estate Investment Trust (PavREIT) may be looking at buying developmental projects, possibly Pavilion Bukit Jalil and Pavilion Damansara Heights, taking advantage of the new guidelines proposed by the Securities Commission Malaysia (SC), which will allow the participation of REITs in greenfield projects.
Sunway REIT’s earnings boosted by retail segment
Sunway Real Estate Investment Trust (Oct 28, RM1.
The 5th LafargeHolcim Awards opens for entries
PETALING JAYA: The 5th International LafargeHolcim Awards competition for projects and design concepts that focus on smart solutions for cities and the built environment is now open for entries from architects, urban design planners and engineers.
Property prices can come down if ...
Will property prices come down?” This is not a new question especially in a time when the property market is soft.
On bringing down property prices
Continues from: On IBS as the way to reduce cost ‘Every stakeholder has to play his or her part, not just developers’ Chong: We really need help from the government to reduce cost and prices.
On ways to lift the market
Continues from: On bringing down property prices ‘No more goose that lays the golden egg’ Tan (pictured): Right now we have many properties unsold in certain sectors.
