News about property

Sime Darby Property Bhd recently completed the sale of two parcels of prime land in Kuala Lumpur and Penang, and now they have placed an office building in Ara Damansara, Selangor, up for sale.

Pacific & Orient (P&O) have obtained building approval for land in Miami, Florida, according to a report.

KUALA LUMPUR (Jan 24): UEM Edgenta Bhd said its chief executive officer and managing director Datuk Azmir Merican Azmi Merican, has tendered his resignation.

KUALA LUMPUR (Jan 24): KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), recorded a 33% rise in fourth quarter net profit to RM244.

KUALA LUMPUR (Jan 24): Pavilion Real Estate Investment Trust (REIT) said its fourth quarter net property income fell 9.

KUALA LUMPUR (Jan 22): Unsold stocks of serviced apartments, small office home offices (SOHOs) and small office virtual offices (SOVOs) in the Klang Valley will take only one year to clear, instead of five, according to a real estate agency.

PETALING JAYA (Jan 21): While the property overhang in Malaysia has been on an upward trend, it is not an "economic calamity", according to property consultancy Rahim & Co International Sdn Bhd as it expects the number to be reduced over the next few years.

2020年到来，象征新十年的开始，过去十年科技创新颠覆各领域的传统营运模式，包括房地产领域也无法幸免。 除了新技术带来的变革，我国房市也面对许多其他问题，包括迟迟未能解决的房屋可负担性问题。由此，各种购屋计划应运而生，包括拥屋计划（HOC）、房屋众筹计划和先租后买（RTO）计划等。 面对新十年的挑战与机会， EdgeProp.

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.