News about ng

KUALA LUMPUR (Aug 8): Matrix Concepts Holdings Bhd, which was one of the small- to mid-capitalisation property developers that have been offering a decent dividend payout ratio (DPR) — at least 40% of its net profit — recently capped its DPR to a maximum of 40% instead.

Axis Real Estate Investment Trust (Aug 5, RM1.

  HOMEBUYERS and investors who have been waiting on the sidelines for the government to tweak the property cooling measures before committing to a purchase will have to wait a little longer.

WITH ample supply of office space and human resource, Malaysia’s capital city of Kuala Lumpur is poised to be one of the more attractive destinations for multinational companies (MNCs) to outsource their operations, says international real estate services firm JLL.

KOTA KEMUNING (Aug 7): Eco World Development Group Bhd (EcoWorld) has unveiled Eco Sanctuary Care Hub, which is located in the 27-acre The Parque Residences of the Eco Sanctuary township, at the south of Kota Kemuning.

A VISITOR to the Bukit Bintang City Centre (BBCC) development’s sales gallery at Jalan Hang Tuah, Kuala Lumpur would be greeted by the sight of shipping containers.

IT’S been a year since the Strata Management Act 2013 (SMA) was implemented in our country.

LOCATED 35km north of Kuala Lumpur, Rawang in Selangor was once a busy tin mining town which had recorded a number of “firsts” in the country.

PETALING JAYA (Aug 6): Gamuda Land Sdn Bhd, the property arm of construction group Gamuda Bhd, will be launching its Kundang Estates (pictured) in Kuang, near Rawang, an area the developer has dubbed North KL, next month.

PENANG (Aug 5): Penang is mulling a cap on rental hikes in pre-war buildings to 20% over a period of four to five years, in contrast with more exorbitant hikes of 100% to 200% observed in recent times, said Penang chief minister Lim Guan Eng at the Penang International Property (PIP) Summit conference today.