News about property

KUALA LUMPUR (Jan 21): Ideal United Bintang International Bhd's wholly-owned subsidiary Ideal Capital Venture Sdn Bhd had today signed a head of terms with PR1MA Corp Malaysia to jointly develop RM828.

KUALA LUMPUR (Jan 21): Residential property in outskirt markets should be on the radar of property buyers and investors given the significant growth in their property transaction value and volume in recent times, said Rahim & Co International Sdn Bhd director of research Sulaiman Saheh.

KUALA LUMPUR (Jan 17): KIP Real Estate Investment Trust (KIP REIT)’s net property income rose 41% in the second quarter ended Dec 31, 2019 (2QFY2020) to RM14.

KUALA LUMPUR (Jan 17): ATTA Global Group Bhd is disposing of its property in Penang comprising a 16-year-old building on a piece of 1,591 sq m land for RM18.

KUALA LUMUPUR (Jan 15): Affin Hwang Investment Bank Bhd has maintained its "neutral" call on the property sector and said market conditions remain challenging.

KUALA LUMPUR (Jan 14): Chin Hin Group Property Bhd (CHGP)’s non-independent and non-executive chairman Datuk Seri Chiau Beng Teik and his family have launched a mandatory general offer (MGO) for the rest of the shares they do not own in the company.

KUALA LUMPUR (Jan 14): Amverton Bhd’s founder, chairman and controlling shareholder, Tan Sri Ng Boon Thong, intends to take the property company private by offering to buy the remaining shares in the company at RM1.

  KUALA LUMPUR (Jan 13): Developers did not see much improvement in the property market in 2019, as it continued to be affected by affordability issues, slower economic growth and high levels of unsold stock.

SUBANG JAYA (Jan 7): Sunway Bhd’s property division, Sunway Property has set a sales target of RM2 billion in 2020.

KUALA LUMPUR (Jan 7): Jeweller Niche Capital Emas Holdings Bhd has proposed to diversify its existing core business to include construction and property related businesses.