News about property

  PETALING JAYA (Oct 11): Sime Darby Property Bhd is launching the first phase of Elmina Green, comprising 187 units of 2-storey terraced homes at City of Elmina, this Saturday (Oct 14).

KUALA LUMPUR (Oct 10): Loss-making Sanichi Technology Bhd, whose share price has been on the decline since April, is proposing a rights issue with warrants to raise some RM59.

PETALING JAYA (Oct 6): E-commerce will not replace shopping malls because both models need each other to survive, said Retail Group (Malaysia) Sdn Bhd managing director Tan Hai Hsin.

PETALING JAYA (Oct 6): As Malaysian consumers become increasingly concerned about the sustainability features of a product, developers should implement them into their projects to achieve greater success, said VERITAS Design Group president and founding director David Mizan Hashim.

PETALING JAYA (Oct 6): Although there may be a surplus of residential properties in the Iskandar Malaysia region in the short term, it is not a big issue in the long run as the economic zone aims to have about 600,000 to almost 700,000 houses by 2025, said Iskandar Regional Development Authority vice-president of planning and compliance Sakurah Jamaluddin.

PETALING JAYA (Oct 6): Property rental laws are vital to establishing a more robust rental market in Malaysia, said Minister of Finance II Datuk Seri Johari Abdul Ghani.

MELBOURNE (Oct 6): Employees Provident Fund Malaysia (EPF) is looking at investing in more logistics assets to generate long-term stable yield to the company, said its CEO Datuk Shahril Ridza Ridzuan.

PETALING JAYA (Oct 5): In order to predict what homes will be most popular in the future, you need to look into what kinds of homes that future occupants and buyers would want.

PETALING JAYA (Oct 5): Forest City in Johor will not suffer from low occupancy in the long term, owing to the incoming high-speed rail and the job opportunities being created within the region, said Country Garden Pacificview Sdn Bhd president and chief strategy officer Dr Yu Runze.

MELBOURNE (Oct 5): Melbourne Square, a joint-venture development between OSK Property Holdings Bhd and the Employees Provident Fund (EPF) Malaysia, will begin its groundwork in November this year and the first phase is slated to complete by end-2020.