Developers launch affordable properties to meet demandWHILE house prices in most states remained at the same level in the second half of last year (2H2016), most developers chose to launch houses below RM500,000 to meet market demand.It comprised 40% of residential units launched in this price...

STARPROPERTY.MY will soon organise a property fair that will educate and inform bumiputra homebuyers about the ins and outs of purchasing properties.Featuring 16 talks that focus on various aspects of life, career and property investment, the four-day Konvensyen Hartanah will be held from May 11 to...

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...

JOHOR BARU: A single mother has been living in fear for almost eight months as a group of loan sharks has been harassing her to settle a loan she did not take.Clerk Chaan Shy Mey, 33, said her ordeal began last August when her tenant, a furniture worker from Kulim, Kedah, left her house at Taman...

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 MAZWIN NIK ANISPUTRAJAYA: Malaysia Vision Valley (MVV) will be a well-planned and sustainable development conducive for work, play and living.Covering 153,000ha of Seremban and Port Dickson, Negri Sembilan, the project is part of the Govern­ment’s vision for Greater Kuala Lumpur that will be...

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...