News Feed

BY EUGENE MAHALINGAM KUALA LUMPUR: The Malaysian Institute of Professional Property Managers (MIPPM) is hopeful that affordable housing issues will be addressed when Budget 2017 is tabled tomorrow.MIPPM president Sarkunan Subramaniam emphasised, however, that when it comes to concerns regarding...

100% income contribution from CapitaGreen boosted CCT's 3Q DPU Singapore, 19 October 2016 – CapitaLand Commercial Trust Management Limited (CCTML), the Manager of CapitaLand Commercial Trust (CCT or Trust), has submitted plans to the relevant government authorities to redevelop Golden Shoe Car...

IJM Land Berhad and Amona Development Sdn Bhd Commence Construction of RM52 million Pantai Sentral Park Interchange connecting the New Pantai Expressway From left to right:En. Che Hasnadi Che Hassan, Group COO of Amona Development Sdn Bhd, Dato' Soam Heng Choon, CEO and Managing Director of IJM...

LBS Remains Committed To Assisting First Time Home Buyers  Petaling Jaya, 19 October 2016 – Property developer, LBS Bina Group Berhad (LBS), believes it is imperative for Budget 2017 to continue being rakyat-centric, particularly in making homes within reach for first time home buyers.“As a...

 HONG KONG (OCTOBER 19, 2016) –Carlson Rezidor Hotel Group, one of the world’s largest and most dynamic hotel groups, today announced at HICAP (Hotel Investment Conference Asia Pacific), the signing for Radisson RED Kuala Lumpur City Center in Malaysia with Masteron Sdn Bhd. The 166-room new...

 Tropicana Innovative Landscape Sdn Bhd won the ‘Best Project Award for Infrastructure Project (Small – RM20 million) - Landscape Contractor for The Rafflesia Central Lake’ in MCIEA 2016. The awards ceremony was hosted by Construction Industry Development Board (CIDB) Malaysia at Grand Hyatt...

PETALING JAYA: Property developer Selangor Dredging Bhd (SDB) has disposed of 16 plots of vacant freehold land in Damansara Heights to Bukit Selesa Development Sdn Bhd (BSDSB) for RM71mil.SDB said in a filing to the stock exchange that the disposals will enable the company to unlock capital from...

PETALING JAYA: The challenging business environment will be a drag on the non-residential property loans of local banks next year.TA Securities said in a report that persistently weak commodity prices will continue to put a strain on cash flows and the businesses’ repayment capabilities.“We...

PETALING JAYA: The Federal Court has decided in favour of the Inland Revenue Board (IRB) against property developer UEM Sunrise Bhd’s unit, Bandar Nusajaya Development Sdn Bhd, in the matter of the additional assessment dated Sept 22, 2011 that was served on Bandar Nusajaya Development.UEM said...

BY EMILY K.Property showpiece: (from left) SM Faliq, Naza World Group of Companies group executive chairman and group CEO Datuk Wira SM Faisal Tan Sri SM Nasimuddin and Naza Corp Holdings’ SM Nasarudin SM Nasimuddin at the launch of KL Metropolis Show Gallery. KUALA LUMPUR: Property developer...