PR1MA: Start moratorium from CCC date
KUALA LUMPUR (Feb 14): Perbadanan PR1MA Malaysia has submitted a proposal to the government for the moratorium on reselling imposed on buyers of its houses to commence from the date the Certificate of Completion and Compliance (CCC) issued.
M101 partners Studio F. A. Porsche for design suites
RITZY, designer serviced suites have gained in popularity in recent times.
Soft market, new opportunities
While there was a sharp drop in the volume of transactions across all subsectors in the property market last year, average prices per unit are still increasing 5%, says CBRE | WTW managing director Foo Gee Jen in presenting the Malaysia series of the property consultancy firm’s Asia-Pacific Real Estate Market Outlook for 2017.
Hua Yang CEO appointed as Magna Prima executive director
KUALA LUMPUR (Feb 13): Magna Prima Bhd said today it has appointed Ho Wen Yan as its new executive director.
PR1MA launches special end-financing scheme
SUBANG (Feb 13): More than 60% of potential 1Malaysia Housing Programme or PR1MA homebuyers had to give up their booked units due to problems with end-financing.
IOI Properties to launch up to RM2.5 bil worth of projects in 2017
PUTRAJAYA (Feb 13): IOI Properties Group Bhd is looking to launch property projects worth an estimated gross development value (GDV) of RM2 billion to RM2.
Manulife US REIT declares FY16 DPU of 3.55 US cents, beating forecast by 4.8%
SINGAPORE (Feb 13): The manager of Manulife US REIT reported a distribution per unit (DPU) of 3.
PPK's survey affirms malls face high operating costs amid weak consumer spending
KUALA LUMPUR (Feb 13): Shopping malls in Malaysia currently operate in an environment of high operating costs amid lower consumer spending, according to a latest survey by the Malaysia Shopping Malls Association (PPK).
BBCC unfazed by office supply glut in Klang Valley
KUALA LUMPUR (Feb 13): The developer of Bukit Bintang City Centre (BBCC) is unfazed by the office supply glut that is haunting the Klang Valley property market now, saying the RM8.