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Making the REIT investments
STRONG UPSIDE: Those with quality commercial, industrial and healthcare assets to do wellKUALA LUMPUR: It will not be all doom and gloom for Malaysian real estate investment trusts (REITs) next year, ...
(Daily Property News and Updates) - Dec 23, 2014

IOI Prop upbeat on Taipei 101 bid
IOI Properties Group Bhd is confident its plan to buy a 37.17 per cent stake in Taipei Financial Centre Corp (TFCC) for RM2.74 billion will get the nod from the Taiwanese government as it does not hav...
(Daily Property News and Updates) - Dec 23, 2014

Dewan Negara: Government To Consider Reviewing Housing Allowance For Civil Servants Next Year
KUALA LUMPUR -- The government will consider reviewing the housing allowance (ITP) for civil servants next year as the last time it was reviewed was in 2005.Minister in the Prime Minister's Department...
(Daily Property News and Updates) - Dec 23, 2014

Government Has Rehabilitated 74 Per Cent Of Abandoned Housing Projects - Najib
SEPANG -- The government has rehabilitated 74 per cent of abandoned housing projects, Prime Minister Datuk Seri Najib Tun Razak said Thursday.He said 10.7 per cent more or 23 projects were in the proc...
(Daily Property News and Updates) - Dec 22, 2014

‘No material impact on REITs from GST’
 AXIS REIT Managers Bhd (ARMB) says its study has shown that the six per cent Goods and Services Tax (GST) will not have any material impact on Malaysian real estate investment trusts (REITs).“I ...
(Daily Property News and Updates) - Dec 22, 2014

Think City Launches Grant Programme To Revitalise Urban Environments
KUALA LUMPUR -- Think City, a community-based urban regeneration organisation, invites Kuala Lumpur and Butterworth residents to apply for the Think City Grants to help revitalise and rejuvenate urban...
(Daily Property News and Updates) - Dec 22, 2014

Dewan Negara: Over 11,000 PA DBKL, PPR MTEN Housing Units Sold Since 2009
KUALA LUMPUR - Some 11,204 units of National Economic Action Council People's Housing Project (PPR MTEN) and Kuala Lumpur City Hall Public Housing Projects (PA DBKL) were sold from 2009 until Oct 31 t...
(Daily Property News and Updates) - Dec 21, 2014

Malay Reserve Land In Pahang Rises To 12.1 Per Cent
KUANTAN - Malay Reserve Land area in Pahang has risen from 8.8 percent (before independence) to 12.1 per cent until Dec 31 last year.Menteri Besar Datuk Seri Adnan Yaakob said the area covers 436,910....
(Daily Property News and Updates) - Dec 21, 2014

No GST For Penang And Johor Bridge Users
KUALA LUMPUR -- The Royal Customs Department Thursday stressed that the Goods and Services Tax (GST) would not be imposed on users of the Penang and Johor bridges.Its director-general Datuk Seri Khaza...
(Daily Property News and Updates) - Dec 20, 2014

PM: Don't Be Duped By People Claiming To Be PR1MA Agents
PUTRAJAYA -- Prime Minister Datuk Seri Najib Tun Razak Tuesday advised the public not to get cheated by people claiming to be agents for the 1Malaysia People's Housing Scheme (PR1MA)."They are going a...
(Daily Property News and Updates) - Dec 19, 2014

An eye for adding value
 VISIONARY: Lim Kim Hong’s foresight, determination and hard work has led to success in all his business ventures, the majority of which are pioneering in natureATTAINING goals, driving revenue a...
(Daily Property News and Updates) - Dec 19, 2014

Housing affordability
WHAT is the meaning of the word "affordability"? According to a business dictionary, it is a conclusion drawn from the analysis of the life cycle cost of a proposed acquisition; that the purchase is i...
(Daily Property News and Updates) - Dec 19, 2014

DBKL Allocates RM2.44 Billion For 2015 Budget - Mayor
KUALA LUMPUR -- Kuala Lumpur City Hall (DBKL) has allocated RM2.44 billion for its 2015 Budget.Of the figure, RM1.63 billion is for management while RM812.54 million is meant for development.Announcin...
(Daily Property News and Updates) - Dec 18, 2014

Government Mulls Over Concept Of Land Bank For Affordable Houses
PUTRAJAYA -- Prime Minister Datuk Seri Najib Tun Razak says the government is mulling over the establishment of a land bank, especially for the construction of affordable houses at strategic locations...
(Daily Property News and Updates) - Dec 18, 2014

A world-class city with unique attractions
TAN Sri Lim Kim Hong’s goal is to make i-City an “ultrapolis” with all the conveniences and connectivity for ease of travelling. This, he believes, will attract many to live there.Today, i-City is a R...
(Daily Property News and Updates) - Dec 18, 2014



News sourced from NSTP


Rehda: Subsidise home loan rates for the poor
Its Penang chairman Datuk Jerry Chan said the current rates do not benefit the low-income earners as the rates are high. ...More
(News sourced from NSTP) - Feb 14, 2014

2 Bumi firms buy 2.4ha from Kwasa Land
KWASA Land Sdn Bhd, the master developer of the planned multi-billion ringgit Kwasa Damansara township, has awarded two plots to winning Bumiputera ... ...More
(News sourced from NSTP) - Jan 29, 2014

UDA Land completes Taman Orkid development
UDA Holdings' managing director Ahmad Abu Bakar said RM9.02 million had been spent to complete the 70 single-storey bungalow units, built on a 4.6ha ... ...More
(News sourced from NSTP) - Jan 21, 2014

Mah Sing buying land in Penang for new township
MAH Sing Group Bhd is buying about 30.9ha of freehold land in mainland Penang for RM42.59 million for its new township, Southbay East, which has a ... ...More
(News sourced from NSTP) - Dec 12, 2013

Silverland plans lakeside street mall in Kinta Valley
The project, set over 206.8ha, is slated for completion in seven to eight years. ...More
(News sourced from NSTP) - Dec 04, 2013

Penang project lift for SP Setia
The upscale development project, which straddles Penang's famous seafront promenade Gurney Drive, Lorong Burma and Jalan Kelawei, is set to be ... ...More
(News sourced from NSTP) - Nov 30, 2013

Sustainable living the goal
THE architectural firms vying for UEM Sunrise Bhd's maiden development projects in Melbourne have one common goal - to create sustainable living in ... ...More
(News sourced from NSTP) - Nov 26, 2013

Award takes Sunway Palazzio to new heights
SUNWAY Palazzio, developed by Sunway Property, with a RM422 million gross development value, was recently named the Best High-Rise Development at the ... ...More
(News sourced from NSTP) - Nov 19, 2013

Bina Puri in tie-up to build Bangkok Marina Resort
The project is a joint venture between BPTL and Thai-based UFUN Group Ltd. An investor from China, Tang Cong Shun, is also involved. ...More
(News sourced from NSTP) - Nov 12, 2013

RM10.2b DUO venture set to boost Bugis district
The project, which is currently being undertaken by M+S Pte Ltd, a 60-40 joint venture between Khazanah and Temasek, is situated strategically ... ...More
(News sourced from NSTP) - Oct 29, 2013

Akijaya teams up with Yayasan Perak
The company has inked a joint-venture agreement with Yayasan Perak to develop the project on a 4ha land next to the Ipoh-Lumut Expressway. ...More
(News sourced from NSTP) - Oct 22, 2013

I-Berhad to launch first boutique hotel in Sept 2014
Its deputy chairman Datuk Eu Hong Chew said the RM50 million hotel will be the first of two planned for i-City. ...More
(News sourced from NSTP) - Oct 19, 2013

Property gurus to gather in Malaysia on Oct 22
Among the interesting topics to be raised at the conference are industrial, residential and office property market outlooks; public transport ... ...More
(News sourced from NSTP) - Oct 17, 2013

Seri Chenang to make ROI in 7 years
Seri Chenang Resort Langkawi Sdn Bhd chief executive officer Norlin Zainal Abidin said the resort, which is touted as a luxury boutique resort and ... ...More
(News sourced from NSTP) - Oct 15, 2013

Mapex expected to ring in RM300m sales
According to Mapex organising committee chairman and Rehda immediate past president, Datuk Ng Seing Liong, the value of the properties on display ... ...More
(News sourced from NSTP) - Sep 24, 2013

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