PETALING JAYA: OSK Holdings Bhd, which is planning to form a mega property company, has failed to take over PJ Development Holdings Bhd (PJD) at the close of the offer yesterday.OSK ended up with 89.36% of PJD, hence falling short of the required acceptance level to take the company off Bursa...

By: EVELYN YEO - FINANCIAL MYTHBUSTERWorks on fundamentals still vitalTIME and time again, we hear about the need to save up to buy our first property. Then we hear about why we should save up to buy the next property (presumably for the “certainty” of investment gains), and the success stories...

STOCKHOLM: Sweden’s government has reached an agreement with opposition parties on a proposal that will force home owners to pay off some of the principal on new mortgage loans, in a move aimed at cooling the country’s housing market.Currently, around 70% of Swedish home owners have...

By: THEAN LEE CHENGThe group bought Sunway Putra Place, which comprises a hotel and an office block, during a public auction in 2011 for RM522mil. Refurbishment of the office and hotel component is expected to be completed next year.THE Sunway Group expects the retail sector to be “extremely...

By: CHERYL POOWong says over the next two years, between RM300mil and RM400mil will be set aside to buy land in the Klang Valley, Penang and Kota Kinabalu.Kulai land buy enables it to venture into Johor township development efficientlyPETALING JAYA: Ho Hup Construction Co Bhd is planning to move...

BY LOANSTREET.COM.MYRefinancing your mortgage is something you should re-visit every once in awhile if you have a property loan. In this article, we explore the basics of property refinancing and some tricks from the experts.Know your objectiveFirstly, before refinancing, it is important to know...

KUALA LUMPUR: The Ascott Ltd (Ascott), a wholly-owned serviced residence business unit by CapitaLand, has secured a management contract for a 200-unit serviced residence named Somerset Arcadia in East Malaysia.With the management contract, Ascott will reinforce its lead as the largest international...

Chipping in: Some of the residents and children who took part in the Home-Gotong Royong Perdana campaign at Taman Palm Grove.CLEANLINESS is one of the crucial habits an individual must have and it begins from home.Wanting to drive behavioural change towards adopting a cleaner environment, the Kota...

BY KELLY TEYThe scale model of Agile Mont Kiara on display at the sales gallery in Kuala Lumpur.SKYSCRAPERS may not be new to Mont Kiara, but an upcoming residential project looks all set to bring a fresh vibe to the mature township.The result of a joint venture between China property developer...

BY IVAN LOHOvergrown grass and bushes in an abandoned house in Taman Cempaka.THERE are about 41,199 empty premises in housing estates and villages in Ipoh that need to be cleaned up.As of Aug 17, these premises included abandoned houses and those that have been left without any maintenance by its...