Is the freeze on high-rise residences above RM1m warranted?
I must applaud the Malaysian government’s responsiveness in trying to manage the perceived property bubble, with specific focus on the residential luxury market.
Second-last phase of landed homes in Denai Alam
SHAH ALAM (Nov 24): Sime Darby Property Bhd is launching the second-last phase of landed homes in Denai Alam in the City of Elmina, Selangor on Nov 25.
Tambun Indah up 3.96% on new project plans, dividend
KUALA LUMPUR (Nov 23): Shares in Tambun Indah Land Bhd rose 3.
WCT 3Q profit jumps 70.2% on stronger construction contribution
KUALA LUMPUR (Nov 23): WCT Holdings Bhd’s net profit for the third quarter ended Sept 30, 2017 grew 70.
Tax expense weighs on Batu Kawan's 4Q earnings, pays 45 sen dividend
KUALA LUMPUR (Nov 22): Batu Kawan Bhd’s net profit for the fourth financial quarter ended Sept 30, 2017 (4QFY17) fell 26% year-on-year to RM145 million from RM194.
Seal Inc sells 28 pieces of land to raise RM27m for working capital
KUALA LUMPUR (Nov 22): Builder-cum-property developer Seal Incorporated Bhd is monetising 28 pieces of land in Penang to raise RM27 million for the group's working capital.
Genting Plantations 3Q profit falls as plantation, property segments weigh
KUALA LUMPUR (Nov 22): Genting Plantations Bhd saw its net profit in the third quarter ended Sept 30, 2017 (3QFY17) dropped 19% to RM76.
IGB Corp's 3Q profit lower on absence of disposal gain
KUALA LUMPUR (Nov 21): IGB Corp Bhd's net profit came in 58% lower year-on-year at RM62.
UOA Development 3Q net profit down 18% on higher expenses
KUALA LUMPUR (Nov 21): UOA Development Bhd's net profit for its third quarter ended Sept 30, 2017 (3QFY17) dropped 18.
Rehda wants authorities to reconsider approvals freeze
PETALING JAYA (Nov 21): The Real Estate and Housing Developers Association (Rehda) Malaysia hopes that the authorities will reconsider the new ruling to freeze approvals of developments, including condominiums priced above RM1 million, it said in a press statement today.
