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Houses in KL too expensive
By: CHERYL POO Khazanah says its latest report housing in Penang is also severely unaffordableKUALA LUMPUR: While housing in some states in Malaysia are more affordable than others with a well-functioning median multiple of three times, Kuala Lumpur and Penang are “severely unaffordable”,...
Pelaburan Hartanah Bhd is venturing to Terengganu
KUALA LUMPUR: A signing ceremony of Sale and Purchase Agreement (SPA) was held recently between Pelaburan Hartanah Bhd (PHB), a real estate investment holding company and wholly owned subsidiary of Yayasan Amanah Hartanah Bumiputera (YAHB) and State Government of Terengganu and Lembaga Tabung...
I-Bhd's Q2 net profit at RM8.5mil
“The group expects this unbilled sales to translate into higher revenue for the second-half of the year."PETALING JAYA: I-Bhd’s net profit for its second quarter ended June 30 dropped 56% to RM8.52mil from RM19.41mil in the previous corresponding period, while revenue fell to RM52.73mil from...
E&O plans to list UK property unit in London
Proposed public issue to raise minimum proceeds of RM242milPETALING JAYA: Eastern & Oriental Bhd (E&O), which reported a 22.6% rise in net profit to RM23.3mil in the first quarter ended June 30, is planning to list its UK-based property unit on the Alternative Investment Market (AIM) of the London...
Letters: We can make waste separation work
COME Sept 1, households in Negri Sembilan, Kuala Lumpur and Putrajaya and five other states will have to separate recyclable waste from their rubbish.It is only days away but, as a resident in a housing area in Seremban, I have yet to hear or receive any instruction on how to go about this.Besides...
Seminar to promote adoption of green buildings in Malaysia
BY EMILY K.Promoting sustainability: (From left) MGBC president Ar Sarly Adre Sarkum, Goh, Mizanur and Ar Von at the Nippon Paint Green Factory Seminar media briefingNIPPON Paint Malaysia Group is encouraging owners of factories to move towards greener buildings through its Green Factory Seminar...
RAs also face difficulty in getting enough members to consent to security scheme
BY VIJENTHI NAIRLOOPHOLES in Urban Wellbeing, Housing and Local Government Ministry (KPKT) guidelines for guarded neighbourhoods are hampering Kuala Lumpur City Hall’s (DBKL) efforts in giving approval.Guarded neighbourhoods are a growing trend in residential neighbourhoods with many residents...
Eastern Gate the next Iskandar growth centre
Lots to see: Visitors checking out the Macrolink International Land (M) Sdn Bhd booth at the StarProperty.my Fair 2015 at the Johor Baru City Square.JOHOR BARU: The Eastern Gate Development Zone will be the next growth centre in Iskandar Malaysia, offering good prospects for developers and...
JCorp to develop township project in Kota Tinggi next year
BY ZAZALI MUSAJOHOR BARU: State investment firm Johor Corp (JCorp) is finalising details to develop a multi-billion ringgit township and an industrial park in Kota Tinggi district, northwest of Johor Baru, next year.JCorp president and chief executive officer Datuk Kamaruzzaman Abu Kassim said the...
Rent-to-Own your home
Looking forward: Prime Minister Datuk Seri Najib Tun Razak witnessing the exchange of documents between Perbadanan PR1MA Malaysia and Maybank on a RM3bil bridging loan facility to partly finance the development of PR1MA projects. The signing ceremony was held after a meeting of the National Housing...