PROPERTY SNAPSHOT Mont’Kiara prices rise 7.8%
• This week, we take a look at Kuala Lumpur’s Mont’Kiara suburb.
Demand for 2 and 3-bedroom condos outstrips supply in Bangkok
KUALA LUMPUR (May 2): The Bangkok property market is seeing the return of foreign investors in response to the stabilising political situation and lack of opportunity in their own markets, according to the CB Richard Ellis (CBRE) Bangkok Residential Market 2015 Forecast.
High-rises on discounted land may meet need for affordable housing
KUALA LUMPUR (April 28): Developing more high-rise accommodation may help solve the shortage of affordable housing, said property consultants at the National Affordable Housing Summit 2015 recently.
THE EDGE REIF 2015: Higher cost, margin compression pressure for developers with GST
PETALING JAYA (April 25): Developers will experience higher cost of inputs and margin compression pressure after the implementation of Good and Services Tax (GST), said Sunway Bhd’s managing director of property development division of Malaysia and Singapore, Sarena Cheah (pictured) during her presentation on “Post-GST -- The Real Impact on Buyers” at the The Edge Investment Forum on Real Estate 2015 today.
THE EDGE REIF 2015: Good turnout for event
KUALA LUMPUR (April 25): More than 750 readers of The Edge Malaysia attended The Edge Investment Forum on Real Estate 2015 at the One World Hotel, Petaling Jaya today.
Malaysia’s first property SPAC Eco World International aims for 3Q listing
KUALA LUMPUR (April 24): Eco World Development Group Bhd aims to list its Eco World International Bhd (EWI) special purpose acquisition company (SPAC) in 3Q, said Eco World chairman Tan Sri Liew Kee Sin (pictured) in The Edge Financial Daily today.
Property developers urged to go green
KUALA LUMPUR (April 24): Malaysian property developers can halt the degradation of the environment and go green by improving their corporate social responsibility practices, said Deputy Minister of Urban Well-Being, Housing and Local Government Datuk Halimah Mohamed Sadique.
Komtar’s makeover will boost Only World revenue
KUALA LUMPUR (April 23): CIMB Research is confident that Komtar’s makeover will boost Only World Group Bhd (OWG) revenue.
Ceiling price of PR1MA homes remains at RM400,000
KUALA LUMPUR (April 21): PR1MA Corporation Malaysia (PR1MA) said yesterday the ceiling price of its homes remained at RM400,000, despite its joint ventures with private developers to build affordable homes for Malaysians, according to a report by The Malaysian Insider carried by The Edge Financial Daily today.
IGB Corp's unit sells Gombak land to Ecofirst for RM62.8 mil
KUALA LUMPUR (April 20): IGB Corp Bhd has proposed to sell a small tract measuring 0.
