Mitrajaya tendering for RM2.7 bil worth of projects
Mitrajaya Holdings Bhd (April 13, RM1.
Malaysia Property Inc ceases operations as overhang issue under control
KUALA LUMPUR (April 13): Malaysia Property Inc (MPI) has ceased operations as it has accomplished its objective of managing the property overhang issue and in branding Malaysia's real estate sector overseas, the government said today.
MTUC urges employers to provide housing loan interest subsidy
PETALING JAYA (April 13): The Malaysian Trades Union Congress (MTUC) has called on private sector employers to provide a subsidy for the housing loan interest to assist workers in owning their own homes.
.JPG)
FEH positive on Malaysia’s tourism industry
PETALING JAYA (April 11): Singaporean hotel and serviced residences operator Far East Hospitality (FEH) is upbeat about Malaysia’s tourism industry and is poised to take advantage of an anticipated growth in international tourist arrivals to the country, said CEO Arthur Kiong.
MM2H applicants down by half
SOURCE: MM2H THE number of applicants for the Malaysia My Second Home (MM2H) scheme had decreased by almost half last year from the previous year, according to statistics available on the MM2H website.
Go India, CIDBH chair tells Malaysian construction companies
KUALA LUMPUR (April 8): Malaysian construction companies should take advantage of the rapid development and expansion in India to explore infrastructure and investment project opportunities there, urged CIDB Holdings Sdn Bhd (CIDBH) chairman Datuk Seri Dr Judin Abd Karim (pictured).
‘Mortgage rejection rates not as high as 50%’
KUALA LUMPUR (April 8): Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias (pictured), who is also chairman of the Association of Banks Malaysia (ABM), refuted claims that the rejection rate of housing loans has soared above 50% among the banks.
IGB REIT’s fall seen as knee-jerk reaction
KUALA LUMPUR (April 6): IGB Real Estate Investment Trust (IGB REIT) closed in negative territory yesterday on a knee-jerk reaction from investors to news that one of its properties here was involved explosions.
Sunway invests RM875m to expand hospitality unit
PETALING JAYA (April 1): Sunway Hotels & Resorts, the hospitality arm of property-construction conglomerate Sunway Group, will invest RM875 million to facilitate the redevelopment and expansion of its hotels across Malaysia, Cambodia and Vietnam.
Opportunities in a soft market
THE outlook for Malaysia’s property market may not be bright at the moment but JLL Property Services (Malaysia) Sdn Bhd country head and managing director YY Lau (pictured) thinks pockets of opportunities can be found if you know where to look.
