HeiTech Padu bags RM21.7m contract for PNB's new office at Merdeka 118
KUALA LUMPUR (Dec 21): HeiTech Padu Bhd has bagged a RM21.
MARC revises IOI Properties funding vehicle’s rating outlook to negative
KUALA LUMPUR (Dec 17): Malaysian Rating Corporation Bhd (MARC) has revised its rating outlook for Fortune Premiere Sdn Bhd's RM3 billion multi-currency sukuk programme to negative from positive while affirming its AA-IS rating.
Property Chat: If I were the Housing Minister (Part 2)
Last week, I presented the National House Buyers Association (HBA)’s: ‘tick where applicable” checklist to our newly minted Minister of Housing & Local Government, YB Datuk Seri Reezal Merican Naina Merican in my article published on Dec 11, 2021 entitled: ‘If I were the Housing Minister” I have since received positive feedback from my fellow volunteers, friends of HBA, industry players, stakeholders, civil servants, politicians from both sides of the divide and housing developers (of the decent and responsible variety).
KAF Research foresees sales, earnings recovery for property sector next year
KUALA LUMPUR (Dec 15): KAF Research expects the property upcycle to gain momentum as the Covid-19 pandemic appears likely to transition to an endemic soon.
Chin Hin Group Property rises on plans to diversify into infrastructure
KUALA LUMPUR (Dec 13): Chin Hin Group Property Bhd (CHGP) rose as much as 1.
Sime Darby Property's The Twin Factories 2 and Hamilton Industrial Park 1 fully taken up
PETALING JAYA (Dec 11): Sime Darby Property Bhd's The Twin Factories 2 in Elmina Business Park (22 units), Selangor and the Hamilton Industrial Park 1 in Nilai, Negeri Sembilan (42 units) achieved 100% take-up rates during their respective launches recently.
Property Chat: Assessing the health of the Malaysian housing industry
The Buffett indicator – defined as “the total market capitalization of stocks divided by the total value of the nation’s gross domestic product (GDP)” – has been widely used for gauging the broad stock market valuation in a country.
PR1MA, Sinergi Dayang sign agreement to develop 763 affordable homes in Pahang
PETALING JAYA (Dec 9): The Ministry of Housing and Local Government (KPKT) through Perbadanan PR1MA Malaysia (PR1MA) has signed a joint development agreement (JDA) with Sinergi Dayang Sdn Bhd (Sinergi Dayang) — an indirect wholly-owned subsidiary of WZ Satu Bhd — to develop affordable housing in Pahang.
Maybank IB Research upgrades property sector to 'neutral', sees fragile recovery ahead
KUALA LUMPUR (Dec 8): Maybank Investment Bank (Maybank IB) Research on Wednesday upgraded the Malaysian property sector to "neutral" (from "negative") after the share prices of property stocks under its coverage have retreated by 10% to 20% to more realistic valuations.
New Sports Direct superstore opens at Tropicana Gardens Mall
PETALING JAYA (Dec 6): Sports Direct Malaysia has opened its latest superstore at Tropicana Gardens Mall.
