News about sia

IS Education@Iskandar, otherwise known as EduCity, living up to its promise? It started with a bang in 2012 when the first buildings were completed and a few of the educational institutions opened their doors to students.

KUALA LUMPUR (Nov 16): The Ministry of Finance said in the Economic Report 2015/16 that household debt rose to 88.

KUALA LUMPUR (Nov 13): A third party not linked to or authorised by 1Malaysia Development Bhd (1MDB) and the government, is purporting to be the project manager for Bandar Malaysia and Tun Razak Exchange (TRX) developments.

PETALING JAYA (Nov 13): LBS Bina Group Bhd managing director Tan Sri Lim Hock San won the World Chinese Economic Summit (WCES) Lifetime Achievement Award for enhancing relations with China during a presentation at the 7th World Chinese Economic Summit in the UK.

KUALA LUMPUR (Nov 13): The race to pick up a 60% stake in 1Malaysia Development Bhd’s (1MDB) prized project Bandar Malaysia is down to two bidders, one of which is said to be a consortium led by a China-based company in a tie-up with tycoon Tan Sri Lim Kang Hoo and several other local developers.

SUBANG JAYA: Some 97% of “property seekers” search for property online, of which 78% use property portals as a key source of information, according to Dehinc Asia’s futurist Gerard Kho.

DEVELOPERS have begun to make adjustments to mitigate the slowdown in Iskandar Malaysia’s property market.

KUALA LUMPUR (Nov 6): The International Real Estate Federation’s Malaysian chapter (Fiabci Malaysia) has named Ekovest Bhd’s co-founder and executive chairman Tan Sri Datuk Lim Kang Hoo Property Man while IJM Land Bhd’s non-executive director and former CEO and managing director Datuk Soam Heng Choon was awarded Property CEO at the 23rd Malaysia Property Awards (MPA) presentation ceremony here tonight.

KUALA LUMPUR (Nov 6): Damansara Realty Bhd, which received an unusual market activity (UMA) query from Bursa Securities on the sudden rise of its share price which soared 50% to hit a five-month high today, said it is participating in a public tender to construct housing develpment under Projek Perumahan Penjawat Awam 1Malaysia (PPA1M) at Putrajaya.

PETALING JAYA (Nov 6): The private sector is unable to provide affordable homes at prices on par with Perbadanan PR1MA Malaysia (PR1MA), Rumah Selangorku or other government-backed affordable housing schemes as their land cost and construction cost alone may double the selling prices of these homes, said Knight Frank Malaysia executive director Allan Sim.