THE EDGE. 5TH NOVEMBER: MGB Bhd, a subsidiary of LBS Bina Group Bhd, has taken the path less trodden and embarked on an industrialised building system (IBS) journey that has culminated in permanent and mobile IBS factories. The speed of delivery has been shortened with minimal wastage and defects, while providing peace of mind that […]
DAILY EXPRESS. 5TH NOVEMBER: The State Government will consider allocating state land to the Sabah Housing and Real Estate Developers Association (Shareda) to build affordable homes for the B40 and M40 categories. Chief Minister Datuk Seri Hajiji Haji Noor called upon Shareda to work with the State Government to provide affordable homes for the people. […]
THE EDGE. 1ST NOVEMBER: Tropicana Corp Bhd has unveiled a 3,600 sq ft property gallery for its upcoming 362-acre Tropicana Alam township development in Puncak Alam. In a press release issued on Oct 31, the developer said the new sales gallery opening last weekend attracted over 600 early bird registrants of the project that managed […]
FREE MALAYSIA TODAY. 1ST NOVEMBER: State housing exco member Jafni Md Shukor said only about 2% of the hundreds of thousands of property owners have submitted objections to the hike, some of which are more than 100%. Less than 2% of property owners in five municipalities in the state that will see a hike in […]
PROPERTY GURU. 31ST OCTOBER: Amidst the widespread dissatisfaction over the assessment rate hikes of up to 100%, the local authorities in Johor defended the new property valuation, saying it was long overdue and necessary to maintaining essential services. Meanwhile, the Ministry of Local Government Development (KPKT) plans to introduce the build-then-sell (BTS) housing delivery system […]
NEW STRAITS TIMES. 31ST OCTOBER: There may be a shortage of homes in the mass-market price range of RM500,000 in Malaysia next year. This is because homes priced at RM500,000 (high-rise) accounted for a decreasing share of new construction in the country. These more affordable homes accounted for 71.1 per cent of all newly launched […]
ASIA PROPERTY AWARDS. 31ST OCTOBER: Rising interest rates and housing affordability concerns weigh on Malaysia’s property market amidst a weaker growth outlook Malaysia’s ascension to developed-nation status seemed surer than ever in 2022. The economy, predicted to become a high-income one by 2028, grew 8.7 percent year-on-year, a rate of expansion not seen since 2000. […]
THE EDGE. 29TH OCTOBER: The 19.11-acre parcel of land on which the Sri Damansara clubhouse used to sit is set to be redeveloped into a transit-oriented mixed-use development with a gross development value (GDV) of RM1.1 billion. Kicking off the project is Livista Bandar Sri Damansara, which comprises 25- and 26-storey residential towers, says Land & […]
FREE MALAYSIA TODAY. 27TH OCTOBER: AmInvestment Bank Research has upgraded its call on ViTrox Corp Bhd (ViTrox) from “hold” to “buy” despite its net profit tumbling 34.6% to RM33.2 million in the third quarter ended Sept 30 (Q3 FY2023). Its decision to upgrade the call while retaining a fair value of RM8.40 on the automated […]
THE EDGE. 27TH OCTOBER: London-based property developer Mount Anvil Ltd in partnership with JLL Property Services (M) Sdn Bhd launched The Arrival at Battersea, London, in Malaysia on Oct 14 and 15 at the Four Seasons Hotel KLCC. The residential apartments were launched in London in July. They are the final phase of One Clapham, which […]