FREE MALAYSIA TODAY. 21ST DECEMBER: According to PropertyGuru DataSense, the area with the most property transactions in Selangor for the first half of 2021 (H1 2021) was Klang, with a median price of RM400,000. In H1 2017, Klang was also the champion for the most transactions in Selangor, but with a median price of RM331,800. In […]
EDGEPROP. 20TH DECEMBER: American music rapper Sean Combs or more commonly known as P.Diddy has listed his LA Mansion bachelor pad for $14.5 million (RM61.26 million). Having been living in the five-bedroom mansion from between 2008 to 2013, the mansion has seen some of Combs’ achievements in the entertainment industry where he starred in the television […]
EDGEPROP. 20TH DECEMBER: The Ministry of Housing and Local Government is mulling the possibility of reintroducing the MyDeposit scheme by looking into a more viable and sustainable financing model for the benefit of the target group, the Dewan Negara was told on Monday (Dec 20). Its Minister Datuk Seri Reezal Merican Naina Merican said although the government allocation […]
THE STRAITS TIMES. 20TH DECEMBER: Three days after torrential rain caused severe flooding in eight Malaysian states, at least eight people have died and over 61,000 been displaced, while some victims were still stranded on Monday (Dec 20) with no food or electricity. Ten people, including a child, are feared missing in Pahang. Those at temporary shelters in […]
THE STRAITS TIMES. 20TH DECEMBER: The Malaysian government will provide a post-flood allocation of RM100 million (S$32 million) for the repair of homes and damaged infrastructure, Prime Minister Ismail Sabri Yaakob has announced. He said due to the extent of damage caused by massive floods that hit several states, the government will also contribute RM1,000 to all affected […]
THE STRAITS TIMES. 20TH DECEMBER: The widespread flooding seen in many states in Malaysia in the last three days was caused by one-in-a-100-year heavy rainfall, a senior official at the country’s Environment and Water Ministry said on Sunday (Dec 19). “The annual rainfall in Kuala Lumpur is 2,400mm and this means yesterday’s (Saturday’s) rainfall exceeded the […]
EDGEPROP. 17TH DECEMBER: Malaysian Rating Corporation Bhd (MARC) has revised its rating outlook for Fortune Premiere Sdn Bhd’s RM3 billion multi-currency sukuk programme to negative from positive while affirming its AA-IS rating. Fortune Premier is the funding vehicle of its parent company, IOI Properties Group Bhd, which had extended an unconditional and irrevocable guarantee of the […]
THE EDGE MARKETS. 19TH DECEMBER: UOA Development Bhd took home the No 1 spot at The Edge Malaysia Top Property Developers Awards (TPDA) 2021, the first time the company has done so. Rounding up the top 10 winners were S P Setia Bhd (No 2), Sunway Bhd — property division and Gamuda Bhd — property division […]
THE RAKYAT POST. 19TH DECEMBER: Some people say that it is very satisfying to have your own car and house in life. Of course, there are those who have no desire for these, over concerns that they can’t afford to repay the loan or something like that. Some people are afraid that they can’t afford the […]
SINGAPORE BUSINESS REVIEW. 17TH DECEMBER: Five sites make up the confirmed list. Comments from PropNex and Cushman & Wakefield concluded that the recently-announced Government Land Sales (GLS) Programme would yield a total of 2,785 private homes. Five Confirmed Lists and eight Reserve List make up the GLS Programme. Lentor Central and Lentor Hills Road, located in Ang […]