News about ma

KUALA LUMPUR (Nov 22): Gabungan AQRS Bhd has received a letter of intent (LoI) from KotaSAS Sdn Bhd to build 1,004 landed homes in Kota Sultan Ahmad Shah, Kuantan, Pahang, valued at RM189.

KUALA LUMPUR (Nov 21): IGB Corp Bhd's net profit came in 58% lower year-on-year at RM62.

PETALING JAYA (Nov 21): The temporary freeze on approvals for the development of shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million will be a much-needed relief for landlords or owners of office and residential buildings as it will allow the market to absorb the existing large supply through rising population growth, urbanisation and migration to cities, said JLL Malaysia associate director, research and consultancy Veena Loh.

PETALING JAYA (Nov 21): The recent directive by the government to freeze approvals for shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million is seen as a misguided move by property consultancy firm Knight Frank Malaysia.

PETALING JAYA (Nov 21): Property developers handing over their debts and liabilities mainly in the form of water and electricity arrears to joint management bodies (JMBs) will evidently jeopardise proper maintenance by the JMBs, said the Malaysian Institute of Professional Property Managers (MIPPM).

PETALING JAYA (Nov 21):  The Real Estate and Housing Developers Association (Rehda) Malaysia hopes that the authorities will reconsider the new ruling to freeze approvals of developments, including condominiums priced above RM1 million, it said in a press statement today.

KUALA LUMPUR (Nov 21): Hock Seng Lee Bhd (HSL) has bagged a RM56.

KUALA LUMPUR (Nov 21): Land & General Bhd (L&G) rose as much as 0.

  PETALING JAYA (Nov 21): The Urban Wellbeing, Housing and Local Government Ministry is ready to look into the issue of excessive property stock, especially unsold residential units, with various parties to resolve the problem.

KUALA LUMPUR (Nov 21): Shares in Malton Bhd rose 3.