HBA lauds KPKT’s move towards build-then-sell
BTS would also mean buyers could decide based on the finished product, which would inadvertently lead to improved workmanship and material quality.
Nga: Govt looking to introduce incentives for build-then-sell concept for residential developments
Next month, the ministry will meet the Real Estate and Housing Developers’ Association (Rehda) Institute to discuss what incentives the government should provide to developers to encourage them to practise the build-then-sell concept, Local Government Development Minister Nga Kor Ming said in his welcome speech at the opening ceremony of the Malaysia Property Expo (MAPEX) 2023 at the Mid Valley Exhibition Centre on Friday.
Lion Industries sells two parcels of land in Banting for RM92 mil
Lion Industries said the disposal, which is part of the group’s strategy to divest its non-core assets, will allow the group to realise its investment in the land sold with a pro forma net gain of RM57.
KPKT minister: Only four developers can carry out build-then-sell concept
KUALA LUMPUR (Oct 7): Just four developers in the country are able to carry out the build-then-sell (BTS) concept, Housing and Local Government (KPKT) Minister Datuk Seri Reezal Merican Naina Merican said in the Dewan Rakyat today.
EPF plans to sell assets
KUALA LUMPUR (Feb 6): The Employees Provident Fund (EPF) “has identified at least seven assets” with a total estimated value of RM350 million to RM450 million to be put up for sale, sources told the Edge Malaysia.
CBRE|WTW: Extension of moratorium could prevent panic selling
KUALA LUMPUR (July 30): The announcement of the moratorium extension and loan repayment flexibility will mitigate forced or panic selling that could further distress the property market and restore certainty in terms of value for both the secondary market and the value of property in general, said CBRE|WTW managing director Foo Gee Jen.
Talam Transform 3Q net loss from continuing operations narrows
KUALA LUMPUR (Dec 31): Talam Transform Bhd said today third quarter net loss from continuing operations narrowed to RM3.
Short selling of Gabungan AQRS, HSS Engineering shares suspended
KUALA LUMPUR (Aug 21): Proprietary day traders (PDT) and intraday short selling (IDSS) activities were suspended today for Gabungan AQRS Bhd and HSS Engineering Bhd after their shares dropped more than 15 sen or 15% from their reference price.
George Kent, Siemens to partner 3 more European firms to bid for KL-S'pore HSR
KUALA LUMPUR (Feb 12): George Kent (Malaysia) Bhd said both the company and Siemens Aktiengesellschaft of Germany and Singapore-based Siemens Pte Ltd (collectively referred to as Siemens) will now work with Alstom, Ferrovie dello Stato Italiane and PORR to prepare a joint offer to bid for the Kuala Lumpur-Singapore high speed rail (HSR) project.
First build-then-sell houses at Setia Ecohill set for March launch
SEMENYIH (Feb 9): Property developer S P Setia Bhd is set to launch its first build-then-sell housing scheme, the Gloris double-storey superlink homes at its Setia Ecohill township in Semenyih, Selangor by March this year.
