New Sime Darby Property group MD prepares 'to chart new history'
PETALING JAYA (April 22): Today marks the first day of Datuk Azmir Merican Azmi Merican's tenure at Sime Darby Property Bhd as group managing director.
YTL Starhill Global REIT requests S&P to withdraw credit rating on RM9b property trust
KUALA LUMPUR (April 22): YTL Starhill Global REIT Management Ltd, the manager of Singapore-listed Starhill Global Real Estate Investment Trust (Starhill Global REIT), has requested S&P Global Ratings to withdraw its corporate credit rating on the REIT and notes issued under the property trust’s medium-term notes programmes.
Sime Darby Property welcomes Datuk Azmir Merican as group MD and Mohd Sohimin as special projects officer
PETALING JAYA (April 22): Datuk Azmir Merican has commenced his duties as Sime Darby Property Bhd's new group managing director from today.
Market sell-off gives property privatisation opportunities
PETALING JAYA: The poor performance of property stocks due to the ongoing market sell-off is expected to open up a window of opportunity for substantial shareholders to privatise their listed companies at bargain basement prices, the Star reported yesterday.
Tadmax sells 25% in Pulau Indah power project to Kepco; to focus on property, construction
KUALA LUMPUR (April 21): Tadmax Resources Bhd has inked an agreement to sell a 25% stake in its Pulau Indah power plant project to Korea Electric Power Corp (Kepco) for RM41.
Study: Residential property prices to surge after COVID-19 pandemic
PETALING JAYA (April 20): A “nationwide study” conducted by real estate sales and media company Juwai IQI revealed that “residential property prices are expected to surge in 2021” post the Covid-19 outbreak, reported Free Malaysia Today (FMT).
Time to lift property cooling measures, says Rehda president
PETALING JAYA (April 17): The effect of property cooling measures imposed since 2014 has been "too effective" and it is perhaps time to remove them, said Real Estate and Housing Developers’ Association (Rehda) president , said Real Estate and Housing Developers’ Association (Rehda) president Datuk Soam Heng Choon.
23,000 tuned in to EdgeProp.my's FBLive on the survival of the country's property sector
PETALING JAYA (April 17): The ongoing Covid-19 outbreak has put a large dent on the global economy.
.jpg)
Malaysia housing price drop could be worse than in 1998
PETALING JAYA (April 16): With the COVID-19 crisis and worries over an economic recession, housing price in Malaysia is expected to fall by between 10% to 15%, which is a deeper drop than in 1998 during the Asian Financial Crisis, according to NawawiTie Leung Property Consultants director and regional head of research and consulting Saleha Yusoff.
Property prices expected to decline by as much as 20% following Covid-19 — buyers market ahead, says MIEA
KUALA LUMPUR (April 16): Property prices are expected to decline by as much as 20% in the next few months with more motivated sellers, as the impact of Covid-19 continues to unfold.
