City & Country: M Summit expands its horizons
PENANG-BORN Datuk Albert Moh’s ambition growing up was to be an architect.
Top architects and developers honoured at BCI Asia Awards 2015
PETALING JAYA (June 12): Construction media group, BCI Asia awarded 20 of the country’s finest architecture firms and developers at its 11th annual BCI Asia Awards 2015 ceremony here tonight.
Atria developer in a bind over obligations to PJ council
KUALA LUMPUR (June 3): In a case of the authorities putting the cart before the horse, a developer is caught in a bind as it has been told to fulfil its obligations to build public facilities but has yet to be given the necessary approvals to do so.
Klang Valley expects 4 mil sq ft of retail space in 2015
KUALA LUMPUR (June 3): The Klang Valley will welcome four million sq ft of retail space in 2015, according to the “Savills Malaysia Retail Report Newsflash” June 1.
Hunza sees huge leap in 3Q net profit on stronger take-up, occupancy
KUALA LUMPUR (May 28): Hunza Properties Bhd, whose controlling shareholder has expressed interest in taking it private, recorded a huge leap in its net profit for the third quarter ended March (3QFY15).
Nadayu Properties introduces Subang Jaya’s first green condominium
PETALING JAYA (May 25): Nadayu Properties Bhd recently introduced its Green Building Index (GBI)-certified high-rise condominium in Bandar Sunway and Subang Jaya.
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: Knowledge of GST penalties important
PETALING JAYA (April 25): Deputy president of the Real Estate and Housing Developers’ Association (REHDA) Malaysia Datuk Soam Heng Choon (pictured), has cleared the air for property purchasers, stating that while the rules surrounding Goods and Services Tax (GST) are still vague for most people, it will bode well for buyers to download the regulation manual and understand it.
Hundred East hits take-up rate of 40%
KUALA LUMPUR (April 24): Phase 1 of TH Properties Sdn Bhd’s Hundred East in Bandar Enstek has sold 40% of its units since its launch in December last year.
EPF in talks to divest 1–2 properties in UK
KUALA LUMPUR (April 10): The Employees Provident Fund (EPF) is in discussions to divest one or two of its property assets in the UK.
