Matrix Concepts 3Q profit falls 31.1% on lower revenue recognition
KUALA LUMPUR (Nov 18): Matrix Concepts Holdings Bhd’s net profit dropped 31.
More than 607ha of sea land off Permatang Damar Laut, Penang, identified for reclamation
GEORGE TOWN (Nov 18): More than 1,500 acres (607ha) of sea land off Permatang Damar Laut near Bayan Lepas have been identified for the proposed reclamation that forms part of the land-swap deal with SRS Consortium, the project delivery partner (PDP), for the RM27 billion Penang Transport Master Plan (TMP).
Will slowdown make houses more affordable?
THE extraordinary boom in the property market in Malaysia is ending but high house prices and the middle-class obsession with home ownership are likely to persist for a long time to come.
PROPERTY SNAPSHOT 3: What are the prices of developments in South Central PJ?
This is the third in a series of four snapshots on South Central Petaling Jaya.
Steel tycoon Cheng sells more land
STEEL tycoon Tan Sri William Cheng Heng Jem (pictured, below) has been selling land of late.
RM7b Pavilion Damansara project to start in 2Q2016
THE two-phase Pavilion Damansara Heights mixed-use development in Kuala Lumpur, being undertaken by Tan Sri Desmond Lim Siew Choon in partnership with the Canada Pension Plan Investment Board (CPPIB), will have a gross development value of RM7 billion, sources familiar with the project say.
Tribunal rules 28 Boulevard soho units GST exempt
KUALA LUMPUR (Nov 17): Housing developer Best Boulevard Sdn Bhd which is constructing small offices-home office (soho) units in Kuala Lumpur has been exempted from imposing the 6% goods and services tax (GST) on its buyers.
Mah Sing introduces an apartment designed for family planning
PETALING JAYA (Nov 17): Mah Sing Group Bhd introduced dual-key apartment units during a preview of the third block of its serviced apartments at its D’Sara Sentral integrated development at Sungai Buloh last weekend.
Explain special privileges for Perak Umno building, says DAP rep
IPOH (Nov 17): The state government must explain why the Perak Umno building is able to sit on prime land by paying only a nominal premium charge of RM100 per lot, says Canning assemblyman Wong Kah Woh.
