EDGEPROP. 12TH JANUARY: The property market, which was subdued last year, is expected to see moderate growth in 2022, in tandem with expected recovery of the global economy, said CBRE | WTW Group Managing Director, Foo Gee Jen during the media launch of the real estate consultancy’s 2022 Market Outlook Report at the Malaysia International Trade […]
THE STRAITS TIMES. 1ST JANUARY: Malaysian Prime Minister Ismail Sabri Yaakob on Friday (Dec 31) pledged further assistance including financial aid to victims of recent devastating floods in Malaysia. In his New Year address, Datuk Seri Ismail said each head of households affected by the recent floods has receive compassionate monetary assistance of RM1,000 (S$323) compared to RM500 previously under the Bantuan Wang […]
PENANG PROPERTY TALK. 30TH DECEMBER: Vertice Bhd and Consortium Zenith Construction Sdn Bhd have mutually terminated the contract for the construction works for Package 2 of the Penang Mega Infrastructure project worth RM815.0 million undertaken by Buildmarque Construction Sdn Bhd. Buildmarque Construction is a 50:50 JV company formed between Vertice Construction, a wholly-owned unit of Vertice […]
THE EDGE MARKETS. 30TH DECEMBER: Inta Bina Group Bhd said its unit Inta Bina Sdn Bhd has bagged a contract worth RM79.8 million from Eco Majestic Sdn Bhd to build 149 double-storey houses of various sizes for a gated and controlled community housing scheme (strata property) in Precinct 6 in Beranang, Hulu Langat, Selangor. The project, which […]
ASIA ONE. 27TH DECEMBER: In today’s short attention span world with many different things vying for your attention, those who want to stand out have to resort to certain “tactics”. So if a property ad wants to get the attention of property hunters such as myself, the words “fire sale” or “undervalued” should do the trick. […]
THE EDGE MARKETS. 27TH DECEMBER: China Evergrande Group said it has resumed construction at most of its housing projects as authorities push the debt-laden developer to pay migrant workers and deliver apartments. Nearly 92% of Evergrande’s property projects have so far restarted, compared with just about 50% at the beginning of September, according to a company […]
THE SUN DAILY. 27TH DECEMBER: The government could solve the dual problem of property overhang and unaffordable homes by introducing cheap public transport, according to two academicians. Dr Rosli Said of the Department of Real Estate, Faculty of Built Environment at Universiti Malaya pointed out that while houses far from urban centres are cheaper, people are […]
NEW STRAITS TIMES. 25TH DECEMBER: Perbadanan PR1MA Malaysia (PR1MA) will allocate an additional RM3 million to aid families affected by the flood disaster. In a statement, PR1MA chairman Datuk Dr Fathul Bari Mat Jahya said the recent addition brings the total allocation of the flood relief mission by PR1MA corporation to RM5 million. “The addition for […]
EDGEPROP. 24TH DECEMBER: Solarvest Holdings Bhd’s wholly-owned subsidiary, Atlantic Blue Sdn Bhd (ABSB), has secured an engineering, procurement, construction and commissioning (EPCC) contract from Energy ES Sdn Bhd. In a filing with Bursa Malaysia on Thursday, Solarvest said the contract entails the appointment of ABSB as the EPCC contractor to develop a solar photovoltaic energy generating […]
THE EDGE MARKETS. 24TH DECEMBER: Mah Sing Group Bhd is set to launch M Senyum in Bandar Baru Salak Tinggi, Sepang, next month. Registration of interest started in August and the project has secured more than 5,500 registrants to date. CEO of property subsidiaries Benjamin Ong Chin Yee tells City & Country in an exclusive interview that the […]