Khazanah Research Institute calls for a national housing survey.HEARD over radio. House prices expected to increase due to a weaker ringgit.Reinstate developers interest bearing schemes. Relax rules for foreign buyers.In the last 18 months, developers have been bemoaning their fate. It came to a...
BY EUGENE MAHALINGAMOn the rise: Savills Malaysia’s latest Asian Cities report said there were 21,069 luxury residential units priced above RM800 per sq ft in Kuala Lumpur as of end-2014. This represents a 21 increase year-on-year.AN oversupply situation, as well as cautious buyer sentiment...
BY ELLEN WHYTEDO you adore delicate orchids, cheerful asters and scented sprigs of jasmine? Make the best of your blooms with the help of these handy tips that will help to extend their beauty.Keep stems moist. If you're buying flowers and have to do some shopping before you go home, the heat in...
Campaign launch: (from left) UEM-Sunrise chief financial officer Azhar Othman, Anwar and Zadil after unveiling the Signature Selection sales drive.KUALA LUMPUR: Property developer, UEM Sunrise Bhd aims to secure sales worth RM300mil to RM500mil during its two-month Signature Selection campaign,...
BY WONG PEK MEI AND YVONNE THERESA NATHANHaving their say: Yee (right) handing a letter of the residents’ concerns to Mohd Khairul (left) .THE mixed development project in Taman Metropolitan Kepong, which residents in the area had protested, will still be going ahead. Kuala Lumpur mayor Datuk...
An artist’s impression of the Aman Central shopping complex located in the heart of Alor Setar.BELLEVIEW Group’s RM500mil Aman Central shopping mall, scheduled to open on Oct 1, will tap into the consumer market in the northern region and also Southern Thailand. Its marketing and communications...
By: RAMANATHAN PALANIAPPANPETALING JAYA: The tolled–expressway sector accounted for around 15% of all outstanding corporate debt issues in the Malaysian market as at mid-August 2015. Bonds and sukuk issued by the sector, meanwhile, added up to RM54bil, of which RM49bil remained outstanding as at...
BY JAROD LIMLet’s shake on it: Maybank local corporate group (client coverage) managing director Hasli Hashim (left) shaking hands with BDB Group managing director Datuk Izham Yusoff (right) while Mukhriz (middle) looks on.Construction and property company Bina Darulaman Bhd (BDB) has signed a...
BY EMILY K.Property developer Jaya Megah Building and Engineering Sdn Bhd has announced the launch of its new serviced apartment project in Damansara Damai. The development offers 66 units of commercial lots spread over two floors, three floors of duplex units, and apartments with built-up areas...
PETALING JAYA: Mah Sing Group Bhd, which posted a net profit of RM90.49mil in the second quarter ended June 30, has scaled back property launches and revised its sales target in view of the challenging market condition.In the notes accompanying its financial results, the developer said the...