News about ren

KUALA LUMPUR (March 8): A new survey has found that over half of all respondents are likely to stay at short-term rental accommodation when they travel domestically and more than two thirds (68%) of Malaysians surveyed are likely to use Airbnb when they next travel.

PETALING JAYA (Jan 27): Total property investment sales in the fourth quarter of 2021 (4Q21) decreased by 51% compared with 3Q21, however, 2021 saw a 117% increase in total major transactions compared with 2020, according to Nawawi Tie Leung Property Consultants Sdn Bhd 4Q21 report headlined "Gradual recovery on the back of positive economic outlook".

PETALING JAYA (Jan 6): The residential market performance remains cautiously optimistic for 2022 with growing demand for landed residential development, according to Knight Frank Malaysia.

KUALA LUMPUR (Dec 17): Kitchen cabinet manufacturer Signature International Bhd is buying a 51% stake in a renovation company for RM15.

KUALA LUMPUR (Dec 17): Utility firm NUR Power Sdn Bhd has inked a Memorandum of Understanding (MoU) with semiconductor outfit Austria Technologie & Systemtechnik AG (AT&S) to supply renewable energy for the latter’s upcoming plant in the Kulim Hi-Tech Park (KHTP) in Kedah.

PETALING JAYA (Dec 16): Hong Leong Bank (HLB) and Hong Leong Islamic Bank have introduced HLB Solar Plus Loan/Financing-i, a green energy financing facility where homeowners could install solar power systems, on Wednesday (Dec 15).

KUALA LUMPUR (Dec 15): Bina Puri Holdings Bhd has signed a power purchase agreement (PPA) with Sabah Electricity Sdn Bhd (SESB) to develop a five megawatt alternating current (MWac) large scale solar photovoltaic (PV) plant in Kunak.

KUALA LUMPUR (Dec 8): Ireka Corporation Bhd has secured a RM468 million contract from the Terengganu government to undertake a privatised housing development project in Kemaman.

PETALING JAYA (Dec 7): Gloomy outlook for the rental rates for Malaysia’s office space remain as supply and demand continue to mismatch while hybrid working models take over.

KUALA LUMPUR (Nov 19): Boustead Holdings Bhd has signed a memorandum of understanding (MoU) with a unit of Power Co Corp of China (PowerChina), to explore collaborations in renewable energy (RE) projects and other civil engineering and construction projects.