New special ‘step-up’ end-financing scheme PR1MA
Property sector Maintain neutral: In the Budget 2017 announced last Friday, the government announced a new special “step-up” end-financing scheme for PR1MA (1Malaysia People’s Housing Programme).
Parkwood unveils industrial park in Shah Alam
KUALA LUMPUR (Oct 25): Parkwood Developments Sdn Bhd, the property arm of steel pipe-maker Amalgamated Industrial Steel Bhd, has unveiled its maiden property project called Avant Industrial Park in Section 15, Shah Alam.
Curiosity arises over Selangor Dredging’s land sale in Damansara Heights
LAST week, Selangor Dredging Bhd (SDB) announced to Bursa Malaysia that it has entered into an agreement to sell 16 parcels of land in Damansara Heights to a little-known company, Bukit Selesa Development Sdn Bhd (BSDSB), for RM71 million cash.
Axis REIT's 3Q NPI falls 3% on higher opex
KUALA LUMPUR (Oct 24): Axis Real Estate Investment Trust (REIT) saw its net property income (NPI) fall 3% to RM35.
Minimal impact from ‘step-up’ end-financing scheme on banks
KUALA LUMPUR (Oct 24): The “step-up” end-financing scheme for the 1Malaysia People’s Housing (PR1MA) programme announced by the government in Budget 2017 is expected to have only minimal impact on the four banks involved, said analysts.
Budget 2017 a let-down for property players
KUALA LUMPUR (Oct 24): Property developers who were anticipating measures to spur the sluggish property market from Budget 2017 last Friday came away disappointed, as there were no clear incentives for them.
Sunway Velocity set to open Dec 8 with Malaysia’s first AEON MaxValu Prime
PETALING JAYA: Sunway Velocity Mall, KL is set to open this Dec 8.
