MM2H applicants down by half
SOURCE: MM2H THE number of applicants for the Malaysia My Second Home (MM2H) scheme had decreased by almost half last year from the previous year, according to statistics available on the MM2H website.
HCK Capital's unit enters JV for Sarawak apartment project
KUALA LUMPUR (April 8): HCK Capital Group Bhd said its indirect 70%-owned unit HCK Premier Builders Sdn Bhd (HPBSB) has entered into a joint venture (JV) development agreement with Daya Builders Sdn Bhd for the development of apartment units in Kuching, Sarawak.
Sime Darby Property confident of RM2.5b sales by June
PETALING JAYA (April 8): Sime Darby Property, the property arm of Sime Darby Bhd, is confident of achieving its sales target of RM2.
UK and Australian academics to present papers at IRERS
PETALING JAYA (April 8): The International Real Estate Research Symposium 2016 (IRERS) organised by The National Institute of Valuation (INSPEN) will see several eminent professors from the UK and Australia presenting papers based on the theme of this year’s symposium – Leading the Way: Innovation in Real Estate.
Eco World International gets SC nod for Bursa listing
KUALA LUMPUR (April 8): Eco World International Bhd (EWI) has obtained the approval of the Securities Commission Malaysia (SC) to proceed with its proposed initial public offering (IPO) on the Main Market of Bursa Malaysia Securities Bhd.
‘Mortgage rejection rates not as high as 50%’
KUALA LUMPUR (April 8): Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias (pictured), who is also chairman of the Association of Banks Malaysia (ABM), refuted claims that the rejection rate of housing loans has soared above 50% among the banks.
MyDeposit to aid middle-income first-timers to buy homes
Property sector Maintain underweight: On Wednesday, Prime Minister Datuk Seri Najib Razak (pictured) announced the launch of the First Home Financing Scheme (MyDeposit) as tabled in Budget 2016.
Design Village Penang targets earlier opening date in November
PETALING JAYA (April 8): Design Village Penang – the northern state’s first premium outlet mall – aims to open by this November in time for the school holidays, said its general manager Tay Ai Leen.
IKEA JB to open by end-2017
PETALING JAYA (April 7): IKEA Malaysia’s third store which is located in Jalan Desa Tebrau, Johor Bahru is slated to open by the end of next year, said store owner and operator Ikano Pte Ltd in a press statement today.
Gabungan AQRS to sell land for RM50 mil to reduce gearing
KUALA LUMPUR (April 9): Gabungan AQRS Bhd, a construction and engineering service provider as well as niche property developer, said its subsidiary is selling a piece of land for RM50.
