Airbnb supports Penang government decision to regulate STRA
PETALING JAYA (May 11): Airbnb has welcomed the Penang state government's recent decision to regulate short-term rental accommodation (STRA), instead of banning it altogether.
DONE DEAL: Office at Mercu 2, KL Eco City, Kuala Lumpur
Read also: DONE DEAL: Serviced Residence at Banyan Tree Sigantures Pavilion, Kuala Lumpur DONE DEAL: 1½-storey terraced house at Taman Tun Dr Ismail, Kuala Lumpur Mercu 2 is a Grade A office tower in KL Eco City, which is a mixed development connected to the Abdullah Hukum LRT (light rail transit) station and Mid Valley Megamall via a footbridge.
Pensonic sells land with factory in Penang to paper pulp maker for RM15.8m
KUALA LUMPUR (May 10): Pensonic Holdings Bhd is selling a piece of land in Seberang Perai Tengah, Penang, that has a factory built on it to paper pulp manufacturer HZ Green Pulp Sdn Bhd (HZGP) for RM15.
Property Chat - Why you need lawyers in property transactions, unlike buying cars (Part 1)
“When we buy a luxury car for RM800,000, we can get our bank facility within two or three days without a lawyer, but when we buy a house for RM300,000, we are required to have a battery of lawyers to complete the transaction which takes an average of three to six months.
ES Ceramic to diversify into construction materials via RM83m acquisition of Evermix
KUALA LUMPUR (May 6): ES Ceramic Technology Bhd, a maker of hand formers for rubber glove producers, has proposed to acquire Evermix Concrete Sdn Bhd for RM83 million in a bid to diversify into the manufacturing and trading of construction materials.
Maybank IB cuts Genting Malaysia FY22 EPS by 40% as Omicron seen dampening recovery
KUALA LUMPUR (May 6): Maybank Investment Bank (Maybank IB) on Friday cut Genting Malaysia Bhd's earnings per share (EPS) for the financial year ending Dec 31, 2022 (FY22) by 40% as the Omicron wave which began in Malaysia in February slows Resorts World Genting's (RWG) recovery.
Johnny Depp's former LA penthouse collection
Johnny Depp is widely considered one of Hollywood's best actors with several accolades under his belt.
Platinum Victory and Jakel's JV granted the first social loan financing in Southeast Asia
PETALING JAYA (May 5): Platinum Victory’s Jayyid Land Sdn Bhd, a joint venture (JV) with Jakel Group, is the first developer in Southeast Asia to be granted the Social Loan Principles (SLP)-based financing by HSBC.
S P Setia brings the northern light magic to its communities
PETALING JAYA (May 5): Residents of S P Setia Bhd’s developments can now catch a sight of the magical aurora borealis in their own backyards as the developer simulates the experience for the enjoyment of its communities.
Sime Darby Property pledges stronger workplace safety
KUALA LUMPUR (May 5): Sime Darby Property Bhd (SDP) has pledged to enforce greater precautionary measures and introduce innovative solutions to reduce safety related incidents in its business operations.
