Financial aid helps but it’s not the answer
THE government is certainly aware of the widening gap between the affordability of properties and household income.
Axis REIT sitting on ‘gold mine’
KUALA LUMPUR (Oct 10): Axis Real Estate Investment Trust (REIT) chief executive officer Leong Kit May knew that the trust has a “gold mine” waiting to be excavated in its 50-acre (20.
BLD Plantation aborts plan to buy RM155.22 mil plantation lands
KUALA LUMPUR (Oct 5): BLD Plantation Bhd has aborted its plan to acquire Pekan Semangat Sdn Bhd from multiple vendors for RM155.
Iris keen on Chinese partner to fund maiden project
A YEAR and a half since moving into property development, Iris Corp Bhd finally looks set to undertake its first commercial development in Malaysia.
Tiong Nam set for 50% warehouse capacity increase in 3 years
Tiong Nam Logistics Holdings Bhd (Sept 23, RM1.
Beware of headwinds in Singapore's property sector but also seize the day
SINGAPORE (Sept 21): Despite the resale market remaining vibrant in August, with 750 caveats lodged, OCBC Research is maintaining its “neutral” call on the property sector, citing physical oversupply for 2016 to 2017.
Axiata said to seek buyers for US$700 mil of overseas holdings
KUALA LUMPUR (Sept 14): Axiata Group Bhd, Malaysia’s biggest mobile phone operator, is seeking to trim stakes in some of its overseas operations in deals that could raise as much as US$700 million (RM2.
‘CITP aims to halve the number of fatalities by 2020’
CRANES, scaffolding and tractors are a common sight around the Klang Valley.
Marriott to manage Renaissance KL for another 10 years
KUALA LUMPUR (Aug 19): Marriott International Inc will continue to manage Renaissance Kuala Lumpur Hotel (pictured) for another decade.
‘Serious mismatch’ in housing supply
KUALA LUMPUR (Aug 4): The government, specifically the Deputy Minister of Finance 1 Datuk Othman Aziz, said yesterday that houses priced up to RM165,060 are considered affordable to a median Malaysian household.
