PETALING JAYA: Just as investors were getting more downbeat on the prospects of MK Land Holdings Bhd due to expectations of weaker earnings in the absence of meaningful new launches, “a shot in the arm of sorts” has come in the form of a land sale by the company.To recap, earlier last week, the...

BY M. SHANMUGAMWHILE the attention has been on Bandar Malaysia and the Ministry of Finance Inc (MoF) calling off an agreement with the master developer, a much bigger property development project in Malaysia took off quietly.The Malaysia Vision Valley (MVV), a project that is being carried out by...

BEIJING: Malaysia will be a big beneficiary of China’s Belt and Road initiative with nine memorandums of understanding (MoUs) and agreements, including several new deals totalling more than US$7.22bil (RM31.26bil), signed between companies from the two countries here.The signing of the deals on...

The escalation of property prices has forced many to resort to renting a home rather than owning. As such, the topic Tenancy in Malaysia has become one of great discussion in recent times.On this episode, StarPropertyTV spoke to Hartamas Real Estate associate director Christopher Chan and Amir Toh...

Ekovest MD Datuk Seri Lim Keng Cheng said: “We believe the sell-down of Ekovest shares today is just a temporary phenomenon."KUALA LUMPUR: Ekovest Bhd, whose shares and warrants fell sharply on Thursday following the negative news about the cancellation of the Bandar Malaysia deal, described the...

The MoU was signed by (from left) Brunsfield Development Sdn Bhd managing director Tan Sri Datuk Dr Ir Gan Thian Leong, Sime Darby Property Berhad managing director Datuk Jauhari Hamidi and KWAP chief executive officer Datuk Wan Kamaruzaman Wan Ahmad. Witnessed by (standing from left) Prime...

BY THO XIN YIMassive venture: Guests taking in the magnitude of the Bandar Malaysia project through a scale model of the township on the eve of the official launching of the project by the Prime Minister in June last year.PETALING JAYA: Japan is heightening its efforts in its bid for the...

BY TEE LIN SAYPanic selling is expected on IWC when it reopens. Indications on Thursday morning prior to IWC’s suspension was that the stock would open at limit down level, which is 30% lower. The stock closed Wednesday at RM3.08.PETALING JAYA: Fears of companies from China not putting their...

BY MAZWIN NIK ANISPUTRAJAYA: The termination of the master developer for Bandar Malaysia will in no way derail plans to develop the area or the rationalisation of 1Malaysia Deve­lop­ment Bhd (1MDB), said Datuk Seri Abdul Rahman Dahlan.Describing this as a temporary glitch, the Minister in the...

BY HO WAH FOONPETALING JAYA: The news on Wed­nesday that the Finance Minis­try (MoF) has called off a deal to sell 60% of Bandar Malaysia – a mega property development project estimated to have a gross development value of RM160bil when completed in 20 years – has sent shockwaves through the...