Guocoland 3Q net profit tumbles 91% to RM6.73 mil
KUALA LUMPUR (April 27): Guocoland (Malaysia) Bhd’s net profit fell significantly by 90.
Vacancy rates for malls, office spaces increasing – Napic report
KUALA LUMPUR (Apr 27): Occupancy rates for purpose-built office and retail spaces are dropping even though the supply has increased in 2021, according to the National Property Information Centre (Napic) report for 2021.
Logistics property market remains resilient, JLL says
PETALING JAYA (April 26): The rapidly growing e-commerce sector will continue to boost market demand for logistic properties in Malaysia and other Asia Pacific countries, according to JLL Property Services (M) Sdn Bhd.
Buyer beware: Are you a victim of cost-cutting?
You can’t wait to move into your dream home.
NCT Alliance and Maybank Islamic partners to offer 100% financing for Acacia Residences
KUALA LUMPUR (April 14): NCT Alliance Berhad has collaborated with Maybank Islamic to offer a home ownership financing solution called HouzKEY to NCT’s Acacia Residences purchasers.
Good response to first phase of Trinity Wellnessa; final phase unveiled on April 14
PETALING JAYA (April 14): The first phase of Trinity Wellnessa in Beverly Heights, Ampang North has been fully sold since its launch in September last year.
Another big victory for house buyers in Country Garden Danga Bay case
Yesterday (April 13), the Federal Court dismissed the leave applications brought by Country Garden Danga Bay Sdn Bhd (CGDB) against a group of seven unit purchasers of Country Garden Danga Bay, Johor Bahru.
Property Chat: Can developers compel buyers to waive LAD claims?
Some developers are ‘arm-twisting’ house buyers to sign away their rights to late delivery compensations, but are such waivers legitimate? Ever so often, when developers fail to complete their projects on time, they devise ways and means to avoid paying compensation for late delivery or liquidated ascertained damages (LAD) to their house buyers.
Sunway Property partners with PSFKL to host photography contest
PETALING JAYA (April 13): Sunway Property has collaborated with Persatuan Fotografi Selangor dan KL (PFSKL) to host a wellness-themed photography contest at Sunway Serene, Petaling Jaya.
KLCCP Stapled Group sees recovery in 2022 but business unlikely to return to pre-pandemic levels
KUALA LUMPUR (April 12): Petroliam Nasional Bhd (Petronas)-controlled real estate entity KLCCP Stapled Group hopes 2022 will be a better year for the property group, although business is unlikely to return to pre-Covid-19 levels during the year as business recovery from movement restrictions will take time, according to chief executive officer Md Shah Mahmood.
