News about property

PETALING JAYA (Aug 12): Finance Minister Lim Guan Eng has announced that building materials and construction services will be exempt from the Sales and Services Tax (SST) which will come into force in September.

KUALA LUMPUR (Aug 11): Sime Darby Property is inviting bids for two prime parcels of land in Kuala Lumpur and Penang island, The Edge Malaysia reported in its Aug 13 issue.

PETALING JAYA (Aug 9): Malaysian Institute of Estate Agents (MIEA) holds an optimistic outlook of the property market and believes that real estate investors will make a comeback, due to improving fundamentals under the new government and new policies to address the sector's issues.

SINGAPORE (Aug 9): Frasers Property Ltd yesterday posted an attributable profit of S$198.

PETALING JAYA (Aug 3): After the stink raised at the Kuala Lumpur High Court following a janitor strike, the Malaysian Institute of Property and Facilities Management (MIPFM) has urged building owners to only engage with registered property or facility managers to ensure that they have a means to take action against errant service providers.

PETALING JAYA (July 31): Over the next two years, analysts expect the prices of luxury units in Hong Kong to fall, in response to a new tax on empty properties, reported the South China Morning Post (SCMP).

KUALA LUMPUR: Boon Koon Group Bhd, which announced its foray into property development mid last year, is staying focused on its ambitions despite a perceived slowdown in the property market.

It is many people’s dream to own a home of their own and this has driven them to work diligently and save up their hard-earned money to one day make their dream come true.

KUALA LUMPUR (July 26): The neighbourhood shopping mall which situated at the Quarza@Melawati integrated development in KL East will open its doors to the public by the end of next year, according to Sime Darby Property (Integrated) COO Quek Cham Hong.

KUALA LUMPUR (July 26): Melawati Mall, which is jointly developed by CapitaLand and Sime Darby Property Bhd, targets an occupancy rate of 90% for the one-year old mall by the end of this year.