News about ra

Bubble, bubble’, toil and trouble? Bubble can be a scary word for property investors because it means that real estate prices are inflating rapidly over a short period without the support of underlying fundamentals or demand.

KUALA LUMPUR (March 23): There is a mismatch between the type of houses built under the 1Malaysia People’s Housing Scheme (PR1MA) and the demand for them.

KUALA LUMPUR (March 23): GDB Holdings Bhd, en route to list on the ACE Market of Bursa Malaysia on Tuesday, reported a record net profit of RM22.

KUALA LUMPUR (March 23): The joint-venture (JV) company between Malaysian Resources Corp Bhd (MRCB) and the Employees Provident Fund (EPF), which is undertaking the town centre development of the massive Kwasa Damansara township in Sungai Buloh, has appointed MRCB’s wholly-owned MRCB Land Sdn Bhd as the project’s management contractor for a provisional sum of RM7.

Sold for: RM1.

KUALA LUMPUR (March 22): Bina Puri Holdings Bhd and Titijaya Land Bhd have entered into a new joint venture to develop a residential and commercial project on an 11.

PETALING JAYA (March 22): A mixed-use, high-rise development including two 80-storey serviced apartment towers will be built on a 7.

KUALA LUMPUR (March 22): Half of the 18 locally listed real estate investment trusts (REITs) saw a drop in their share price yesterday, raising average dividend yields again by another 0.

PETALING JAYA (March 22): The government has proposed to amend the Small Estates (Distribution) Act 1955 (Act 98) to enable the distribution of hereditary land without inheritance agreements, instead allowing the land administrator to decide according to the “majority rule” method, reported Bernama.

PETALING JAYA (March 21): UEM Sunrise Bhd has launched its first Rumah Wilayah Persekutuan (RUMAWIP) project Kondominium Kiara Kasih yesterday, it said in a statement today.