News about ng

PENANG (Feb 2): Berjaya Land Development Sdn Bhd, a wholly owned subsidiary of Berjaya Land Bhd, has awarded a contract for infrastructural works worth RM38.

KB Group entered the fiercely competitive property development market in 2000 and soon established itself as a reputable developer in Perak.

KUALA LUMPUR (Jan 29): Property developer Bina Darulaman Bhd has lined up new property launches with total sales value of RM435 million this year, said its group managing director Datuk Izham Yusoff.

KUALA LUMPUR (Jan 29): The only way to help house buyers is to get banks to relax housing loan requirements, the Penang government said today.

LAND scarcity and sky-rocketing property prices on Penang island have driven developers and investors towards the mainland in recent years.

Sold for: RM1 million Concluded by: Janet Chong of Hartamas Real Estate (012-318 8099) When: January 2016 Noteworthy: * Freehold * 1,390 sq ft * 3 bedrooms and 3 bathrooms * two side-by-side parking bays * bare unit Saville @ The Park is one of the newest high-rise homes in Bangsar South, Kuala Lumpur.

KUALA LUMPUR (Jan 29): Tropicana Corp Bhd, controlled by tycoon Tan Sri Danny Tan, is disposing of its Dijaya Plaza tower in Jalan Tun Razak here to Kenanga Investment Bank Bhd (Kenanga IB) for RM140 million cash.

KUALA LUMPUR: Despite the forecast of further slowdown in the property market this year, Land & General Bhd (L&G) plans to launch three developments with an estimated total gross development value (GDV) of RM1.

KUALA LUMPUR (Jan 28): The revisions to Budget 2016 pertaining to the property market have drawn mixed responses from the industry.

KUALA LUMPUR (Jan 28): Bank Negara Malaysia’s move to reduce the statutory reserve requirement (SRR) by 0.