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News about myedgeprop

Puncak Niaga to sell three plots of land in Ijok at a loss for RM306 mil cash

Aug 18

The group is expected to record a net loss of about RM22.

READ MORE

Sunway REIT’s 2Q NPI rises 9%; declares 4.62 sen DPU

Aug 18

For the first half ended June 30, Sunway REIT’s NPI advanced 12.

READ MORE

Perak Corp, private firm ARX-YSC to jointly develop land in Perak four years after JV agreement

Aug 18

In a filing with Bursa Malaysia on Thursday (Aug 17), Perak Corp said it had on Wednesday entered into a supplemental agreement to the JVA entered into on Sept 10, 2019 with ARX-YSC to vary certain terms of the JV.

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Cracking the credit code: Tips for building a strong credit score

Aug 18

A good credit score broadens your loan options, gets you better terms such as faster credit approval, better interest rates and higher loan amounts.

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Rehda suggests banks consider cross-subsidising housing loans to B40 community

Aug 17

Datuk NK Tong: Just as developers have cross-subsidised affordable housing, perhaps financial institutions can be encouraged to look at cross subsidies to help finance affordable housing or set up a special fund or quota to give home loans to borrowers in lower income categories (B40 group).

READ MORE

Rehda survey shows property market gradually returning to normalcy

Aug 17

While developers are currently maintaining a neutral view on the business, economic and property industry outlook for the coming year, there is increased optimism anticipated for 1H2024.

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Vincent Tan obtains temporary restraining order against Kedah MB

Aug 17

Tan Sri Vincent Tan’s counsel Chuar Kia Lin confirmed with The Edge that the Shah Alam High Court allowed the ex-parte injunction application earlier on Thursday (Aug 17).

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Tropicana to officially launch SouthPlace 2 Shoppes & Residences in 4Q2023

Aug 17

The official launch of SouthPlace 2 Shoppes & Residences, which was previously soft launched in May, also comes on the heels of Tropicana’s announcement of upscale supermarket Mercato as the anchor tenant at SouthPlace Shoppes & Residences.

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Hextar Technologies, SWS Capital mutually agree to terminate land deal

Aug 17

The mutual termination was due to the inability of SWS Capital Bhd's wholly-owned unit, SWS In Medics Sdn Bhd’s (SIMSB), to fulfill the conditions precedent to obtain a loan from the financier to acquire the properties.

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LFE Corp teams up with landowner to jointly develop housing project in Kedah

Aug 17

In a bourse filing, the group said its 60%-owned subsidiary LFE Development Sdn Bhd (LDSB) inked the joint venture agreement (JVA) with the owner of the land, Aziho Trading Sdn Bhd (ATSB), for the development of the project known as Taman Residensi Mesra Phase Four.

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