Gamuda 3Q profit up 17%; MD Lin’s contract renewed for another five years
KUALA LUMPUR (June 28): Gamuda Bhd’s net profit in its third quarter ended April 30, 2018 (3QFY18) grew 17% to RM200.
Country Garden: Preparation and execution of Danga Bay S&P follows laws
PETALING JAYA (June 26): Country Garden Danga Bay Sdn Bhd has reiterated that the preparation and execution of the sale and purchase agreements (S&P) between the company and its Danga Bay project’s customers follows the requirements of relevant Malaysian laws and regulations.
MB World to develop RM176m apartment project in Johor Baru
KUALA LUMPUR: MB World Group Bhd plans to develop 406 apartment units worth RM176 million in gross development value, on a 6.
Country Garden denies altered S&P claims, internally investigating issue
PETALING JAYA (June 25): Country Garden Danga Bay Sdn Bhd has denied allegations that it made amendments to the sale and purchase (S&P) agreements between the developer and the buyers of its Danga Bay project in Johor after the latter had signed the contracts.
MoT eyes affordable housing projects on RAC's 9,192 acres of land
KAJANG (June 25): The Ministry of Transport (MoT) is planning to develop affordable housing projects on Railway Assets Corp's (RAC) 9,192 acres of land to generate better returns for the company.
Govt orders DBKL to suspend advisory board meetings
PETALING JAYA (June 25): The Federal Government has ordered Dewan Bandaraya Kuala Lumpur (DBKL) to suspend meetings with its advisory board indefinitely, reported The Star.
MIEA: Market confidence positive but catalysts lacking for property market
PETALING JAYA (June 22): The change in government may have boosted confidence in the market, but real estate agents and negotiators have yet to experience any significant impact as there are still many uncertainties ahead, said the Malaysian Institute of Estate Agents (MIEA) president-elect Lim Boon Ping.
Penang maintains prices of affordable and low-cost homes
PETALING JAYA (June 20): The Penang government will keep its ceiling on low-cost, low-medium-cost and affordable housing, said state housing exco Jagdeep Singh Deo.
HBA: Allow EPF to offer home loans to members
PETALING JAYA (June 19): The National House Buyers Association (HBA) is urging the government to allow the Employees’ Provident Fund (EPF) to extend financing for home purchases – particularly of affordable units – to eligible members, reported Free Malaysia Today.
