News about property

If Stephanie Chai looks familiar to you, it is no surprise as she was previously a TV personality and a model in Malaysia.

KUALA LUMPUR (Nov 17): Zecon Bhd's share trade has been suspended from 2:30pm today until Monday (Nov 20) 5pm pending a material announcement, the builder and property developer said in statements on Bursa Malaysia's website today.

If rent-to-own (RTO) schemes are able to help more people own homes, property developers would definitely be in favour of them.

Although some prefer to be optimistic and believe we are already seeing a glimmer of recovery for the current slowdown in the property market, what does the latest market data tell us? The latest property market data for the first half of 2017 (1H17) released by the Valuation and Property Services Department (JPPH) of the Finance Ministry during the 2017 Preliminary Property Market Brief on Nov 13 revealed that overall, the property market has softened in 1H17, with more than 153,000 transactions recorded worth RM67.

KUALA LUMPUR (Nov 16): Sime Darby Property Bhd's first quarter net profit rose 183% to RM421.

SUBANG JAYA (Nov 16): Sime Darby Property Bhd has launched its highly-anticipated Lot 15 serviced apartment within its RM4 billion Subang Jaya City Centre (SJCC).

KUALA LUMPUR (Nov 14): KLCCP Stapled Group’s net profit was almost flat at RM177.

KUALA LUMPUR (Nov 14): Trive Property Group Bhd shares rose 5.

PUTRAJAYA (Nov 13):  The slow market absorption has led to an increase in residential overhang of 20,867 units worth RM12.

KUALA LUMPUR (Nov 13): Trive Property Group Bhd signed a joint venture agreement (JVA) with Jiangxi Fujing New Energy Technology Co Ltd for a planned collaboration in the manufacturing and sale of solar energy products.