Property rental market needs regulation, says Finance Minister II
PETALING JAYA (Oct 6): Property rental laws are vital to establishing a more robust rental market in Malaysia, said Minister of Finance II Datuk Seri Johari Abdul Ghani.
What do youths want in their homes?
PETALING JAYA (Oct 5): In order to predict what homes will be most popular in the future, you need to look into what kinds of homes that future occupants and buyers would want.
More public-private sector partnerships vital to drive IBS usage
PETALING JAYA (Oct 5): There must be a collaboration between the public and private sector to drive Industrialised Building System (IBS) usage, said Asian Strategy & Leadership Institute (ASLI) chairman Tan Sri Dr Jeffrey Cheah in response to the government urging property developers to adopt the technology.
House prices will not come down — but sizes will
PETALING JAYA (Oct 5): Housing prices will definitely not go down as elements of property development such as land cost and development charges keep increasing, said a group of panellists.
MRCB falls 4% on rights shares' maiden trade
KUALA LUMPUR (Oct 5): Malaysian Resources Corp Bhd (MRCB) shares fell as much as four sen or 4% as the builder and property developer's new rights shares start trading today.
Sime Darby pure plays get SC nod for syariah-compliant securities
KUALA LUMPUR (Oct 5): Sime Darby Bhd’s plantation and property arms have received the Securities Commission Malaysia's (SC) approval for the classification of their shares as syariah-compliant securities.
Property lending rule from 1997 is still relevant, says Bank Negara
KUALA LUMPUR (Oct 4): Investment banks (IB) should not take a short-term view on a property lending guideline, introduced in 1997, as it is still relevant today, said Bank Negara Malaysia.
Tropicana founder’s son Dion Tan is new MD; CEO Yau retires
KUALA LUMPUR (Oct 3): Tropicana Corp Bhd has redesignated its executive director, 27-year-old Dion Tan, the son of founder and largest shareholder Tan Sri Danny Tan Chee Sing who has a 30.
Sime Darby novates rights under Islamic debt papers programmes to property arm
KUALA LUMPUR (Oct 2): Sime Darby Bhd said it has novated its rights and obligations under its Islamic debt papers programmes to its property development arm, Sime Darby Property Bhd.
AmProp plans to raise up to RM597m via rights issue
KUALA LUMPUR (Sept 29): Amcorp Properties Bhd (AmProp) plans to raise up to RM597.
