IOI Properties secures S$1.6b long-term financing for S’pore JV, say sources
PETALING JAYA (March 10): IOI Properties Group Bhd has secured S$1.
New office space in Greater KL to be absorbed in seven years, says consultant
KUALA LUMPUR (March 9): New office space in Greater Kuala Lumpur coming up over the next four years will take seven years to be absorbed, chairman of property consultancy Savills Malaysia Sdn Bhd Christopher Boyd told The Malaysian Insight today The increase of 21 million sq ft will take seven years to be occupied at “an optimistic calculation of 2.
We take buyers' feedback seriously, says Country Garden
JOHOR BAHRU (March 9): Country Garden Danga Bay Sdn Bhd — the developer of the Danga Bay mega-project in Johor — will meet their buyers who have lodged complaints with the Housing and Strata Management Tribunal here again to find a solution to their problems, said Country Garden Malaysia regional president Jason Fu.
Inspen: One agency can monitor affordable housing supply and demand
KUALA LUMPUR (March 9): The formation of just a single agency tasked with the distribution of affordable houses can facilitate the monitoring of their supply and demand, said National Institute of Valuation (Inspen) Director Mohd Khairudin Abd Halim.
Felda says it has regained possession of Jalan Semarak land
KUALA LUMPUR (March 9): The Federal Land Development Authority (Felda) has confirmed today that the 16 parcels of land in Jalan Semarak involved in a dubious land ownership transfer deal has been re-registered under its name.
Making money from 'unwanted' properties
Run-down properties or houses in deplorable conditions are not usually recommended as good investments, but just like how some enterprises thrive on recycled or upcycled materials, an adept few have seen gold in what others have spurned.
Discovery Gallery for first luxury senior living project in Malaysia officially launched today
KUALA LUMPUR (March 9): Pelaburan Hartanah Bhd (PHB), UEM Group Bhd (UEM Group), and Japan’s Medical Care Service Inc (MCS) officially launched the discovery gallery of a joint project between the three parties known as Rei Seraya Residence — Malaysia’s first luxury senior living project with care services — on Jalan Ampang, next to Gleneagles hospital.
Collapse at construction site kills worker, injures four
KUALA LUMPUR (March 9): The accidental collapse of steel beams at a construction site in Bukit Beruntung, Selangor, has resulted in the death of an Indonesian worker, The Star Online reported today.
Nudie pix in S’pore property listing sparks investigation
PETALING JAYA (March 9): A property listing for a mansionette in Choa Chu Kang, Singapore, featuring a nude shot of a man has prompted the Council for Estate Agencies (CEA) — which regulates the island republic’s real estate industry — to investigate the incident, reported the Straits Times.
Platinum Victory plans RM2b launches
KUALA LUMPUR (March 9): Unfazed by the current market slowdown, Platinum Victory Development Sdn Bhd is lining up some RM2 billion worth of new property launches this year and is confident that the property market will pick up soon.
