News about per

KUALA LUMPUR (Oct 16): The prosecution team in the 1MDB audit report tampering trial involving Datuk Seri Najib Abdul Razak and former 1MDB chief executive officer Arul Kanda Kandasamy is preparing over 40 witnesses for the case, the High Court was told today.

KUALA LUMPUR (Oct 16): TA Securities Research has upgraded the property sector to "Overweight" (from Neutral) and said since August 2019, developers' share prices were heavily bashed down amid concerns on rising property overhang and slow property demand due to financing issues.

PETALING JAYA (Oct 15): The Malaysian Institute of Property and Facility Managers (MIPFM) foresees various problems arising from the implementation of a recent court ruling for a flat rate maintenance fee for mixed-use properties.

PETALING JAYA (Oct 15): Paramount Property Development Sdn Bhd lauded the government’s move to lower the property price threshold for foreign ownership as this is a good way of managing market inventories while welcoming global citizens to Malaysia, thus creating vibrancy to the market.

PETALING JAYA (Ocy 15): Agile Property Development Sdn Bhd will be unveiling its third project in Malaysia, Agile Embassy Garden in Jalan Ampang, Kuala Lumpur soon.

PETALING JAYA (Oct 14): It is welcomed news for those owning properties in mixed development projects where they have to pay different rates of maintenance or service charges.

KUALA LUMPUR (Oct 14): Mammoth Empire Holding Sdn Bhd (MEH) has sold a 61-acre tract in Damansara Perdana, Selangor, to Exsim Development Sdn Bhd for RM760 million, reported The Edge Malaysia based on government documents.

  LANGKAWI (Oct 14): Prime Minister Tun Dr Mahathir Mohamad today said the decision to lower the threshold on high rise property prices in urban areas for foreign ownership from RM1 million to RM600,000 was meant to reduce supply overhang of condominiums and apartments.

Yellow, red, white and blue — inspired by the colours of the Malaysian flag — the newly-refurbished multipurpose sports courts of PPR Lembah Subang 1 are giving its residents something to cheer about.

PETALING JAYA (Oct 12): Knight Frank Malaysia in a statement today said the federal government's Budget 2020 announcement is a bold move aimed at the overhang of condominiums and serviced apartments amounting to RM8.