EDGEPROP. 7TH FEBRUARY: Boustead Properties aims to build affordable homes that are sustainable and environmentally friendly, driven with technological solutions, according to a report by The Malaysian Reserve. In its report by the news portal, Boustead Properties goal for 2022 is to focus on digitalisation efforts by introducing a new in-house digital and technology services […]
EDGEPROP. 8TH FEBRUARY: The Malaysian properties market remains attractive to international buyers, especially for properties in Kuala Lumpur, Genting Highlands and Sabah, said high-end property developer IBN Corp Ltd (IBN Corp). In a statement on Monday (Feb 7), IBN Corp director Megat Khalil Izzuddin Shah said Malaysia remains one of the most ideal countries for retirement […]
FREE MALAYSIA TODAY. 6TH FEBRUARY: In economic terms, a headwind hinders or impedes growth and progress. In this instance, headwinds are expected ahead particularly for Malaysia’s residential property market. Six headwinds were highlighted by Lee Heng Guie, economists and executive director of the Socio-Economic Research Centre (SERC) at Rehda Institute’s CEO Series 2022 held last month. […]
THE MALAYSIAN RESERVE. 7TH FEBRUARY: A key focus will be the amplification of the company’s digitalisation efforts as the Covid-19 pandemic has changed people’s needs, says COO BOUSTEAD Properties Bhd plans to build affordable homes and properties that incorporate sustainable and environmentally friendly values underpinned by technological solutions in response to market demand. The company will introduce a […]
THE EDGE MARKETS. 3RD FEBRUARY: The subsale market stayed soft during the quarter in review while the primary market saw a pickup in sales after developers were allowed to open their sales galleries, Savills Malaysia associate director, research & consultancy, Fong Kean Hwa said in presenting The Edge | Savills Klang Valley High-Rise Residential Property Monitor for 3Q2021. […]
FREE MALAYSIA TODAY. 4TH FEBRUARY: The Federation of Malaysian Manufacturers (FMM) has backed an MP’s call for an increase in the number of centralised living quarters (CLQs) in industrial areas across the country. FMM president Soh Thian Lai said there was an urgent need for such housing, particularly in consideration of the large number of […]
EDGEPROP. 28TH JANUARY: Genting Malaysia Bhd is reported to have told attendees at the casino and hotel operator’s pre-opening preview for the group’s estimated US$800 million (about RM3.2 billion) Genting SkyWorlds that the outdoor theme park is finally scheduled to open its doors to the public in February 2022 in time for the peak season during […]
PENANG PROPERTY TALK. 28TH JANUARY: Leading global developer, manufacturer and supplier of high-end vacuum valves, VAT Group AG, will be expanding its operation in Penang with the new facility located in the Batu Kawan Industrial Park (BKIP). The first plant of VAT Manufacturing Malaysia Sdn Bhd is located at Persiaran Cassia Selatan 1 and the upcoming […]
THE EDGE MARKETS. 27TH JANUARY: This year, the property market is expected to see moderate growth, in tandem with the expected recovery of the global economy, according to CBRE | WTW group managing director Foo Gee Jen during the media briefing on the real estate consultancy’s 2022 Market Outlook Report on Jan 11. “The economic […]
EDGEPROP. 25TH JANUARY: Guocoland (Malaysia) Bhd reported a net profit of RM3.76 million for the second quarter ended Dec 31, 2021 (2QFY22) versus a net loss of RM11.37 million a year earlier on higher contributions from the property development division and lower loss incurred by the hospitality division. The property development arm of the Hong […]