For the astute investor, every adversity offers a window of opportunity Although the already soft property market has been further pressured by the impact of the Covid-19 pandemic, the business of property development has continued to fight tooth and nail.
KUALA LUMPUR (Jan 8): GFM Services Bhd has proposed to raise up to RM19.
KUALA LUMPUR (Nov 8): Property developer and resort operator Sentoria Group Bhd plans to give up ownership of part of a plot of land for its Langkawi Geopark Resort City project to bring in a strategic investor for the resort development.
KUALA LUMPUR (Oct 22): Khazanah Nasional Bhd has shortlisted four investors to be the strategic partner in Malaysia Airlines Bhd, according to Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali.
SERI KEMBANGAN (Oct 2): While it is still unclear when the property market will recover from the current slowdown, there are still opportunities to seize in the market, according to industry experts.
SERI KEMBANGAN (Oct 2): While the government is asking property developers to lower home prices following the Sales and Service Tax (SST) exemption on construction services and building materials, industry players said lower prices can be achieved if issues such as labour shortage and the lofty compliance and development costs are addressed.
SERI KEMBANGAN (Oct 2): The Housing and Local Government Ministry (KPKT) is now working on a comprehensive database which could help first time homebuyers to own a property, said KPKT deputy minister Datuk Raja Kamarul Bahrin Shah Raja Ahmad.
PETALING JAYA (Sept 29): Hilton Garden Inn North – formerly the Cititel Express – and Hilton Garden Inn South – formerly the Hotel Empress – on Jalan Tunku Abdul Rahman, Kuala Lumpur, was sold for RM240 million by Singapore's Royal Group in August – barely three years after it had acquired the properties, reported The Edge Malaysia.
KUALA LUMPUR (Aug 1): Tan Sri Azman Mokhtar (pictured) clocked out of Khazanah Nasional Bhd for the very last time yesterday after 14 years of service as the managing director (MD) of the strategic investment fund.