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Builders want guidelines on moneylender plan spelled out
PETALING JAYA: Property developers have welcomed the Government’s initiative to allow builders to apply for a moneylender licence so that they can provide loans to buyers.But they want the guidelines to be spelled out before they make any concrete plans.Real Estate and Housing Developers’...
OK for developers to be moneylenders
Taking an interest: Noh talking to participants of the 19th National Housing and Property Summit. Beside him is Asian Strategy and Leadership Institute CEO Tan Sri Michael Yeoh.KUALA LUMPUR: Eligible developers can now apply for moneylenders licences to provide loan facilities of up to 100% to...
Retailers record higher sales and patronage since Pokemon GO craze begins
Crowds congregating at Sunway Carnival Mall to catch Pokemons.CROWDS have been thronging Sunway Malls in Malaysia following the launch of the phenomenally popular Pokemon GO augmented reality game.Preliminary observations suggest a surge in footfall and sales numbers at the Sunway Carnival Mall in...
Houses under project to remain affordable
Mohamed Khaled (third from right) with state Housing and Local Government committee chairman Datuk Abdul Latiff (third from left) and JCorp president and CEO Datuk Kamaruzzaman Abu Kassim (second from left) at the groundbreaking ceremony.JOHOR BARU: The state government has stressed that it will...
LBS and construction unit seek trading suspension
BY SHARIDAN M. ALIPETALING JAYA: Property group LBS Bina Group Bhd and its 51.2%-owned construction unit, ML Global Bhd, have requested a three-business-day trading suspension of their shares effective today until Wednesday to make way for a “material announcement”.Shares in ML Global were last...
Senada Residences spearheads vision
By Lee Yan LiAlya Kuala Lumpur offers the best of both worldsSime Darby Brunsfield Holding Sdn Bhd chief executive officer Amir Salleh expresses the company's aspiration for the Senada Residences as part of the master planning of Alya Kuala Lumpur, Sime Darby Property's new master brand.IN times...
Build Eco Xpo (BEX) Asia 2016 returns as regenerative force in the age of Internet of Things (IoT)
SINGAPORE: Following a successful Asian debut last year, the Mostra Convegno Expocomfort (MCE) Asia exhibition returns for a second edition in Singapore at the Marina Bay Sands Expo & Convention Centre from 7 to 9 September.From left: BCA chief operating officer Dr John Keung, BCA chairman Lee Fook...
Much to savour after fun Penang Starwalk
As reported in The Star Online, Ivory Properties Group Bhd has returned for the sixth consecutive year as Penang Starwalk’s official venue provider.Its executive director Datuk Ooi Chin Loo said the annual walk had been taking place at Penang Times Square in Datuk Keramat Road since 2011.He said...
Construction projects worth RM1.8bil
As reported in The Star Online, the number of construction projects recorded in Sabah reached 108 by mid-2016 and were worth a total of RM1.8bil.Musa (second from left) with Fadillah (left) officiating at the graduation ceremony of the Malaysia Construction Academy.Chief Minister Datuk Seri Musa...
REIT-ly good decision
Yong: ‘We are more interested in asset classes like data centres, which is a sector that we think would see greater demand going forward with the intensification of Internet use.As reported in The Star Online, AmInvest’s diversification into non-conventional real estate investment trusts...