VERITAS wins 2016 Cityscape Awards Emerging Markets
KUALA LUMPUR (Sept 13): VERITAS Design Group is one of the 2016 recipients of “Cityscape Awards Emerging Markets” award under the category of Leisure & Hospitality award (built) for its Sinkeh Hotel project in George Town, Penang by Dubai’s Cityscape Awards Global.
Poh Huat upbeat about positive US housing data
KUALA LUMPUR (Sept 13): The recent positive US housing data is good news for exports-oriented furniture manufacturer Poh Huat Resources Holdings Bhd, which derives at least 60% of its sales from the US market.
Selangor’s new policy a challenge to private developers
KUALA LUMPUR (Sept 13): Property developers have hit back at the Selangor government for amending policies and imposing surcharges that would increase their costs of business, an issue that becomes all the more critical when the current soft market forces them to compete for the segment that demands affordable homes.
Setia Alam’s De Palma affordable apartment open day attracts 2,000
PETALING JAYA (Sept 13): S P Setia Bhd saw an overwhelming crowd of 2,000 potential purchasers queuing up for the developer’s De Palma affordable apartment under the Rumah Selangorku programme at its open day last weekend, where only 200 units were available for sale.
Lending by developers to have minimal impact
KUALA LUMPUR (Sept 13): Analysts expect no significant impact on the local property market, following the government’s move to allow eligible property developers to obtain a licence under the Moneylenders Act and Pawnbrokers Act to provide up to 100% financing for homebuyers.
PNB faces potential delay amid KL118 setback
KUALA LUMPUR (Sept 13): Permodalan Nasional Bhd (PNB) is facing a setback in the ongoing construction of what would be the tallest building in Southeast Asia, which raises the spectre of possible delay in completion, sources say.
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WHETHER you’re running a marathon or taking on a big business deal, some form of preparation is required to achieve the best results.
Home sharing requires regulation, says Budget Hotel Association
HOME sharing, such as through Airbnb and HomeAway, is gaining popularity as an avenue of income for property owners, especially those looking to gain some returns on their investments but do not want to lease their property for the long term.
Country Heights Chipi cash-back reward scheme is back again
SERI KEMBANGAN: Country Heights Holdings Bhd (CHHB) plans to re-launch its Chipi or Country Heights Innovation in Property Investment (Chipi) scheme, which offers cash-back rewards to selected buyers, sometime before the end of the year.