SERI KEMBANGAN (Oct 2): While the government is asking property developers to lower home prices following the Sales and Service Tax (SST) exemption on construction services and building materials, industry players said lower prices can be achieved if issues such as labour shortage and the lofty compliance and development costs are addressed.
SERI KEMBANGAN (Oct 2): The Housing and Local Government Ministry (KPKT) is now working on a comprehensive database which could help first time homebuyers to own a property, said KPKT deputy minister Datuk Raja Kamarul Bahrin Shah Raja Ahmad.
KUALA LUMPUR (Sept 21): Scientex Bhd has reported its best quarterly net profit of RM88.
KUALA LUMPUR (Aug 20): MB World Group Bhd saw its net profit for the second quarter ended June 30, 2018 (2QFY18) rose to RM22.
KUALA LUMPUR (Aug 15): Plantations conglomerate Batu Kawan Bhd has reported a 31.
KUALA LUMPUR (Aug 15): Kuala Lumpur Kepong Bhd’s (KLK) net profit for the third financial quarter ended June 30, 2018 (3QFY18) jumped 25.
Real estate investment trust sector Maintain neutral: We maintain “neutral” rating on the real estate investment trust (REIT) sector given the general oversupply situation but this should be offset by the appeal of REITs given the current uncertain equity markets.
KAJANG (June 25): Keretapi Tanah Melayu Bhd's (KTMB) RM6 billion property development projects planned on three parcels of land at the Klang, Shah Alam and Bangi KTM stations were delayed due to the longer-than-expected tendering process between KTMB and Railway Assets Corp (RAC), said KTMB CEO Mohd Rani Hisham Samsudin.
SHAH ALAM (June 21): Residents of Bukit Bayu in Section 10, Shah Alam are trying to halt a potential development in an estimated five to six hectares (12 to 15 acres) of forested area in Bukit Cerakah.
KUALA LUMPUR (June 19): Y&G Corp Bhd has withdrawn plans to buy two adjacent parcels of freehold land totalling 23.
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