Sales of new residential launches improve in Johor
PETALING JAYA (April 19): The residential property sector in Johor has seen improved sales performance with 44.
Supply of new hotels on the rise in Malaysia
PETALING JAYA (April 17): Thirty new hotels were completed last year, adding a further 5,777 rooms to the sector in 2017, over 50% more than the 3,733 new rooms introduced in 2016, said the Valuation and Property Services Department’s (JPPH) “Malaysian Property Market Report 2017”.
JPPH: Still a challenging retail market
KAJANG (April 17): The commercial property market has continued to decline in 2017, with 22,162 transactions worth RM25.
Versatile Creative scraps plans for RM110m GDV project in Johor
KUALA LUMPUR (April 11): Versatile Creative Bhd has scrapped plans to develop medium-cost apartments in Johor Bahru, estimated to have a gross development value (GDV) of RM110 million.
Sanichi buys Johor-based realty firm for RM8m
KUALA LUMPUR (April 10): Sanichi Technology Bhd is acquiring a 70% stake in a Johor-based realty company for RM8 million for potential profit contribution.
Johor’s Sultan Ibrahim ups Berjaya Assets stake
KUALA LUMPUR (April 10): The Sultan of Johor Sultan Ibrahim Sultan Iskandar raised his stake in Berjaya Assets Bhd (BAssets) to 11.
Lower margin from higher low-cost housing component seen for Crescendo
Crescendo Corp Bhd (March 30, RM1.
What’s next for property tycoon Lim?
PETALING JAYA (March 31): Property tycoon Tan Sri Lim Kang Hoo’s second thwarted attempt to unlock the value of his properties parked in Iskandar Waterfront City Bhd (IWC) and its largest shareholder Iskandar Waterfront Holdings Sdn Bhd (IWH) has raised questions over a potential third attempt, according to The Edge weekly.
Toppen Shopping Centre to open next to IKEA Tebrau in 3Q19
JOHOR BAHRU (March 29): Swedish furniture maker IKEA has announced the development of the 1.
Stakeholders must collaborate to reduce severe imbalances in the retail, office segments
PETALING JAYA (March 28): The authorities, property developers, owners, and other stakeholders in the real estate sector are urged to come up with specific measures to reduce the severe imbalances in the office and shopping complex segments that threaten the rest of the economy, according to the “Financial Stability and Payment Systems Report 2017” published by Bank Negara Malaysia (BNM) today.
