Repainting: It’s more than a new coat of colour
Repainting a building is perhaps one of the biggest projects most building managements undertake.
Property sector: Anticipated robust sales in 4Q21 with pent-up demand could lead to strong 2022 earnings recovery — UOB Research
KUALA LUMPUR (Nov 9): While developers’ property sales in the upcoming third quarter of 2021 (3Q21) financial reports could be weak amid the lockdown, UOB Research expects it to be more resilient this time versus 2Q20’s lockdown, thanks to ongoing digitalisation efforts (virtual marketing).
KLCCP Stapled posts lower net profit in 3Q; pays seven sen dividend
KUALA LUMPUR (Nov 8): KLCCP Stapled Group’s net profit for the third quarter ended Sept 30, 2021 (3QFY21) declined by 13.
Sime Darby Property's Elmina Green Five and Trilia fully snapped up within five minutes via online booking
PETALING JAYA (Nov 8): Sime Darby Property Bhd's Elmina Green Five in the City of Elmina and Trilia landed homes in Bukit Jelutong, Selangor have achieved a 100% take-up rate in under five minutes.
Ex-state executive councillor, two others ordered to enter defence in charge for receiving bribes from property developers
KUALA LUMPUR (Nov 7): The High Court in Johor Bahru on Sunday ordered ex-Johor executive council member Datuk Abd Latif Bandi, his son and a former real estate consultant to enter their defence against 37 corruption and money laundering charges involving more than RM30 million as the prosecution had proven a prima facie case against the accused, who were charged in 2017 for receiving bribes from property developers who requested for the change in bumiputra land status in Malaysia.
Property Chat: BTS 10:90 is not BTS
According to earlier news reports, the Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican said there are only four developers in Malaysia capable of carrying out the build-then-sell (BTS) concept.
Sime Darby's Maya Ara Residences registers 90% take-up via virtual launch
PETALING JAYA (Nov 3): Sime Darby Property today announced a 90% take-up of its latest high-rise product, Maya Ara Residences, which was launched virtually.
Trive Property plans another cash call to fund upgrading of office building
KUALA LUMPUR (Nov 3): Trive Property Bhd plans to raise up to RM19.
Kinta Properties launches Ixora2 and Iris
PETALING JAYA (Nov 2): Kinta Properties Sdn Bhd launched semi-detached homes Ixora2 and Iris in Bandar Baru Sri Klebang, Ipoh last month.
Zerin: Good move on RPGT waiver, lack of measures in stimulating secondary market
PETALING JAYA (Oct 31): The proposed waiver of Real Property Gains Tax (RPGT) for properties sold in the sixth year is good news for the property market but more incentives needed for the secondary market and commercial segment, said Zerin Properties CEO Previndran Singhe.
