Will easing lending aid market recovery?
Many gripe that strict policy over loan approvals is hampering the property market from its current doldrums.
Noh Omar: Old densely-populated housing areas to be redeveloped
PETALING JAYA (Nov 24): The Ministry of Urban Wellbeing, Housing and Local Government plan to redevelop old densely-populated housing areas which are seen as no longer suitable for current needs, said its minister Tan Sri Noh Omar.
TTDI residents to stage protest against condo project
KUALA LUMPUR: Residents of Taman Tun Dr Ismail (TTDI) are staging a sit-in protest on Sunday morning against a proposed condominium project that may swallow almost half of Taman Rimba Kiara, a popular green lung in the city.
MBSB 3Q earnings surge 74% on lower loan impairment allowance
KUALA LUMPUR (Nov 24): Malaysia Building Society Bhd’s (MBSB) net profit surged 73.
Genting Malaysia third-quarter net profit drops 65%
KUALA LUMPUR (Nov 24): Genting Malaysia Bhd’s net profit dropped 65.
Genting 3Q earnings dragged by impairment and expenses
KUALA LUMPUR (Nov 24): Genting Bhd’s earnings for the third financial quarter ended Sep 30, 2017 (3QFY17) went down 66.
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DONE DEAL: Ken Damansara 3 condo unit, Petaling Jaya, Selangor
Sold for: RM640,000 (RM605 psf) Concluded by: Teoh Peng Peng (PEA1696) of Hartamas Real Estate Sdn Bhd (018-206 7122) When: June 16, 2017 Noteworthy: ● Freehold ● 1,057 sq ft ● Three bedrooms and two bathrooms ● Partly-furnished with kitchen cabinet ● Facilities include swimming pool, gym room, children’s playground, 24-hour security and cafeteria ● Accessible via Damansara-Puchong Expressway (LDP), Sprint Expressway, Federal Highway and Jalan Universiti Located within Petaling Jaya’s vibrant SS2 neighbourhood, Ken Damansara 3 is a freehold condominium developed by Ken Holdings Bhd.
Gabungan AQRS 3Q net profit surges 83%, declares two sen dividend
KUALA LUMPUR (Nov 23): Gabungan AQRS Bhd reported an 83% surge in net profit to RM9.
India bags LafargeHolcim Awards Gold Asia Pacific 2017
KUALA LUMPUR (Nov 23): The White Rabbit — Home for Marginalised Children in Thane, India is the gold winner for the LafargeHolcim Awards 2017 Asia Pacific region.
Maybank Islamic's rent-to-own scheme features five developers
KUALA LUMPUR (Nov 23): Five established developers — S P Setia Bhd (SP Setia), Eco World Development Group Bhd (EcoWorld), Mah Sing Group Bhd, Gamuda Land and Sime Darby Property — are participating in Maybank Islamic Bhd's HouzKEY, the first bank-initiated rent-to-own (RTO) product in Malaysia.
