Metro Kajang MD Eddy Chen is new PR1MA chairman
KUALA LUMPUR (Oct 1): Metro Kajang Bhd managing director Tan Sri Eddy Chen (pictured) has been appointed as the new chairman of Perbadanan PR1MA Malaysia, the Prime Minister's Office announced today.
KUALA LUMPUR (Oct 1): Metro Kajang Bhd managing director Tan Sri Eddy Chen (pictured) has been appointed as the new chairman of Perbadanan PR1MA Malaysia, the Prime Minister's Office announced today.
PETALING JAYA (Sept 29): Hilton Garden Inn North – formerly the Cititel Express – and Hilton Garden Inn South – formerly the Hotel Empress – on Jalan Tunku Abdul Rahman, Kuala Lumpur, was sold for RM240 million by Singapore's Royal Group in August – barely three years after it had acquired the properties, reported The Edge Malaysia.
KUALA LUMPUR (Sept 24): Finance Minister Lim Guan Eng has urged developers to lower prices of homes as construction materials and services are exempted from the Sales and Service Tax (SST), or the government will review the waiver.
SHAH ALAM (Sept 21): Selangor state committee chairman for the Selangor state committee on housing and urban living Haniza Mohamed Talha has revealed that the state government is evaluating a proposal to provide collateral support to Rumah Selangorku (RSK) eligible buyers who has difficulty in securing their desired loan margin.
KUALA LUMPUR (Sept 18): Gamuda Bhd confirmed the tender submitted by its wholly-owned subsidiary Gamuda (Singapore) Pte Ltd, jointly with Evia Real Estate Pte Ltd for a 51,411.
Real estate investment trust sector Maintain neutral: There are no surprises for 2QCY18 earnings for real estate investment trusts (REIT).
KUALA LUMPUR (Sept 8): Guideline clarity, process transparency and constant engagement with relevant real estate stakeholders.
PETALING JAYA (Sept 4): UOA Real Estate Investment Trust (UOA REIT) is considering forming sub-management committees (sub-MCs) for properties held under UOA REIT as this will allow the different components in mixed developments to operate independently and avoid potential disputes.
KUALA LUMPUR (August 31): IGB Bhd is undertaking an internal group reorganisation which will see its 49.
CYBERJAYA (Aug 16): The Real Estate and Housing Developers' Association Malaysia (Rehda) (pictured) hopes that the proposed single entity to oversee affordable housing will be different from the rest as there is more urgency now to ensure the issues faced are addressed promptly.