FREE MALAYSIA TODAY. 8TH MAY: Young singles shut out of the subsidised housing programme question the government’s commitment. Expats aren’t the only ones feeling the pinch of rents in Singapore rising at the fastest pace in the world. The pain is trickling down to young singles like Sonam who are largely shut out of the nation’s […]
MALAY MAIL. 6TH MAY: Singapore’s move to raise property taxes for non-residents in the republic will help reduce the number of unsold properties in Johor, Johor Housing and Local Government Committee chairman Datuk Mohd Jafni Md Shukor said. He pointed out that potential buyers from Singapore would consider buying unsold properties in the state, especially […]
THE MALAYSIAN RESERVE. 5TH MAY: Flat steel player YKGI Holdings Bhd is looking to diversify its existing business operations to include construction and property development. It told the bourse today that the construction and property development businesses will potentially contribute 25% or more to the net profits or net assets of the group moving forward. YKGI […]
PROPERTY GURU. 5TH MAY: Agile International successfully held the topping-out ceremony on April 26, marking a significant milestone in the company’s expansion of projects in Malaysia. Agile Embassy Garden is Agile International’s first wholly-operated development project. During the ceremony, Agile International’s CEO, Chai Keng Wai, expressed his gratitude to all the individuals involved in the project, […]
PROPERTY GURU. 5TH MAY: The Penang branch of the Real Estate and Housing Developers’ Association (REHDA) expects this year’s number of new launches to be up to 60% lower than in 2019, due to rising labour and material costs. Meanwhile, the state government of Johor will provide an 80% discount amounting to RM1.6 million to Kampung […]
THE STAR. 5TH MAY: YNH Property Bhd is eyeing more affordable housing developments, especially in Perak, as it believes demand for such homes continues to remain strong. General manager James Ngio said YNH has landbanks in Tanjung Malim, Pusing and Pantai Remis in Perak and will launch projects there “when the time is right”. “We expect the […]
EDGEPROP. 3RD MAY: FIABCI Asia Pacific region president and special envoy for foreign affairs Rusmin Lawin: We hope Nusantara will become the next, new sustainable innovation centre in the country. Our goal is to lay the foundations for it to become the capital city with smart, sustainable features and good access to all the key ports. […]
FREE MALAYSIA TODAY. 4TH MAY: Rising interest rates mean Malaysians will have to fork out more money to service their property loans. Bank Negara Malaysia’s move to hike the overnight policy rate (OPR) by 25 basis points (bps) yesterday will saddle Malaysians with higher debts, exacerbating the cost-of-living crisis, says a property player. Elvin Fernandez, managing director […]
EDGEPROP. 3RD MAY: The purpose of the facility is to finance the construction of Stage 1 of Norwest Quarter, a mixed use residential apartment development in Norwest, Australia, said the group in a bourse filing on Tuesday (May 2). Mulpha International Bhd has secured a A$160 million (RM478 million) green syndicated construction facility in Australia. […]
FREE MALAYSIA TODAY. 2ND MAY: Landed properties are more popular than high-rise units in Selangor and Johor, according to PropertyGuru report. Property marketplace iProperty today revealed that the best-selling markets for subsale residential properties are in Kuala Lumpur, Selangor, Penang and Johor. Data from the valuation and property services department showed that between July 2021 and June […]