Boardroom changes in Majuperak
KUALA LUMPUR (Nov 1): Majuperak Holdings Bhd has appointed Nizran Noordin — a former private secretary to the Perak chief minister — group chief executive officer with effect from tomorrow, in a boardroom reshuffle.
Rahman is now Sime Darby chairman
KUALA LUMPUR (Nov 1): Datuk Abdul Rahman Ahmad, former president-cum-group chief executive officer of Permodalan Nasional Bhd, has been appointed non-independent and non-executive chairman of Sime Darby Bhd.
Recognising the best in property development
KUALA LUMPUR (Nov 1): S P Setia Bhd clinched the top spot in The Edge Malaysia Top Property Developers’ Awards (TPDA) 2019 last night, marking the fourth consecutive year the company won the spot.
S P Setia to include smart home features in upcoming launches
PETALING JAYA (Oct 31): S P Setia Bhd will incorporate smart-home features in its upcoming landed residential development next year.
Guocoland sees sixth consecutive quarter in the red
KUALA LUMPUR (Oct 30): Guocoland (Malaysia) Bhd, the property development arm of Hong Leong Group, reported a widened net loss of RM10 million for the first quarter ended Sept 30, 2019 (1QFY20) versus its net loss of RM1.
Rehda Selangor in favour of lower foreign buyer threshold
PETALING JAYA (Oct 30): The Selangor branch of Real Estate and Housing Developers’ Association (Rehda) is in favour of the state reducing the threshold price for foreigners buying high-rise properties, and is currently in discussions with the state government, according to its chairman Zulkifly Garib.
DONE DEAL: 1½-storey industrial unit, Taman Perindustrian Sungai Penaga, Subang Jaya, Selangor
Sold for: RM970,000 (average RM365.
Developer calls for different approach to affordable housing
PETALING JAYA: A property developer said the government should address the issue of affordable housing by driving the construction of housing and renting out of units, Free Malaysia Today (FMT) reported today.
Mohd Khairudin Abdul Halim leads JPPH, BOVAEP
PETALING JAYA (Oct 30): Mohd Khairudin Abdul Halim has been appointed the director general of valuation and property services of the Department of Valuation and Property Services (JPPH) and the president of the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).
