News about ng

PETALING JAYA (Oct 27): Property developers lauded the government’s various initiatives in Budget 2018 that aims to address the affordable housing gap and rising cost of living.

KUALA LUMPUR (Oct 27): Affordable housing developer Hua Yang Bhd saw its net profit plunge 97% to RM584,000 in its second quarter ended Sept 30, 2017 (2QFY18), from RM16.

KUALA LUMPUR (Oct 27): Bukit Bintang City Centre (BBCC) at the former Pudu Prison site in Kuala Lumpur will house the first Canopy by Hilton in Southeast Asia, following the signing of a sale and purchase agreement.

PETALING JAYA (Oct 27): The government will continue to improve public transport, particularly rail services, to propel connectivity and economic growth, according to the “Economic Report 2017/2018”.

PETALING JAYA (Oct 27): The fifth property exhibition held by the Malaysian Institute of Estate Agents (MIEA) Penang has kicked off yesterday and will run until Oct 29 at Queensbay Mall, Penang, showcasing over 5,000 secondary properties.

PETALING JAYA (Oct 27): The Purpose-Built Office (PBO) Rental Index for Klang Valley, Johor Bahru, and George Town grew in the second quarter of 2017 (2Q17) from a year ago, according to the “Economic Report 2017/2018”.

PETALING JAYA (Oct 27): Shop overhangs increased by a whopping 54.

PETALING JAYA (Oct 27): The residential overhang rose by 55.

PENANG (Oct 27): Penang chief minister Lim Guan Eng has given the developer of the Tanjung Bungah hillside housing project, which was hit by a deadly landslide last Saturday, one week to reach an amicable solution with those who bought properties in the development, the malaysiakini news portal reported today.

KUALA LUMPUR (Oct 27): WCT Holdings Bhd is expected to list its real estate investment trust (REIT) in mid-2018, after it had had delayed the listing of the property trust that was scheduled by end-2017, according to Affin Hwang Investment Bank Bhd (Affin Hwang IB).