News Feed
Rehda calls for exemption of GST on construction materials
Rehda president Datuk Seri FD Iskandar Mohamed Mansor(filepic) said at a luncheon yesterday that this was the first time Rehda had proposed for a GST exemption on construction materials for houses priced RM500,000 and below.KUALA LUMPUR: The Real Estate and Housing Developers’ Association (Rehda)...
UEM Sunrise still upbeat on retail property
Artiste's impression of Arcoris Mont"Kiara. (Filepic)KUALA LUMPUR: Property developer UEM Sunrise Bhd remains upbeat on its retail space performance amid concerns of oversupply of retail property units, particularly in the Klang Valley.According to UEM Sunrise’s retail and assets management...
Iskandar continues to drive Johor property
Done deal: Ho (second from left) exchanging documents with Kimlun Group executive director Chin Lian Hing at the signing ceremony. With them are Ong (right) and Pasir Gudang Town Council secretary Saipol Rahmat Amat. — BernamaPASIR GUDANG: Mah Sing Group Bhd sees Iskandar Malaysia continuing to...
VS Industry Q4 earnings more than triple to RM36.8mil
KUALA LUMPUR: VS Industry Bhd sees its net profit more than triple to RM36.8mil in the fourth quarter ended July 31, compared with RM10.9mil in the same period last year, helped by higher sales orders from existing key customers.Its revenue for the quarter surged 77.4% to RM983.4mil against...
Foreign selling sends KLCI down for seventh day
KUALA LUMPUR: Bursa Malaysia extended its decline for the seventh day on Wednesday on continued foreign selling with Genting Bhd, CIMB and Tenaga Nasional weighing on the FBM KLCI.At 5pm, the KLCI was down 1.35 points or 0.08% to 1,764.24. Turnover was 2.21 billion shares valued at RM2.15bil....
Pavilion project bucks trend
Prestigious development: (from left) Kuala Lumpur Pavilion Sdn Bhd CEO Datuk Joyce Yap, FT Minister Datuk Seri Utama Tengku Adnan Tengku Mansor, Pavilion design director Tan Peng Han, Pavilion Group deputy chairman Puan Sri Cindy Lim and 1 Pavilion Property Consultancy Sdn Bhd sales and marketing...
Glomac banks on RM810m new launches to boost sales
Steady income: Potential buyers visiting Glomac’s booth at a property fair. To date, Glomac has unbilled sales amounting to RM570mil, which will last for the next two years.KUALA LUMPUR: Glomac Bhd has earmarked new property launches with a gross development value (GDV) of RM810mil for the...
RM126mil development budget for Shah Alam
THE Shah Alam City Council (MBSA) has set aside RM125.91mil for development expenditure under its 2018 budget.The amount is 2.7% less than the development expenditure for 2017, said Shah Alam mayor Datuk Ahmad Zaharin Mohd Saad after the budget meeting.He explained that the lower amount did not...
Sentul project ahead of schedule
(From left) Kuala Lumpur mayor Tan Sri Mohd Amin Nordin Abd Aziz, MyPPP president Tan Sri M. Kayveas, Deputy Federal Territories Minister Datuk Dr Loga Bala Mohan, Adnan, Ng, Batu Umno division chief Datuk Yahaya Mat Ghani, FT Ministry secretary-general Datuk Seri Adnan Md Ikshan, SkyWorld chief...
IJM Land celebrates Mid-autumn Festival
200 lanterns to be given away to children, who will also have the chance to participate in a leisurely lantern parade processionBandar Rimbayu celebrates the Mooncake Festival with an Asian theme.PETALING JAYA: Bandar Rimbayu by IJM Land will be hosting homeowners and the public with Asian themed...