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Johor To Review Foreign Home Ownership Quota
JOHOR BAHARU, May 27 -- The state government may review foreigners' home ownership quota in the state to allow more locals to own homes, said State Housing and Local Government Committee chairman Datu...
(Daily Property News and Updates) - May 28, 2015

Penang Government Denies Distribution Of Low Cost Houses Race-Based
GEORGE TOWN, May 27 -- The DAP-led Penang government has denied any race based selection in its distribution of affordable houses following an alleged leaked letter from the state secretariat to a pro...
(Daily Property News and Updates) - May 28, 2015

Kelantan Absorbs GST For Local Councils' Facilities
KOTA BAHARU, May 27 -- The Kelantan state government will absorb the Goods and Services Tax (GST) imposed on the people in the state over the payment, rental and lease of facilities provided by the lo...
(Daily Property News and Updates) - May 28, 2015

Kwasa Land Announces Two Development Projects For Bumi Developers
KUALA LUMPUR, May 27 -- Kwasa Land Sdn Bhd has announced another two residential projects -- R3-3 and R3-4 for selected pre-qualified Bumiputera developers.In a statement, it said the Request For Prop...
(Daily Property News and Updates) - May 28, 2015

Genting Premium Outlets Set To Rise In Iconic Genting Highlands
KUALA LUMPUR, May 27 -- After the success of the Johor Premium Outlets (JPO), Genting Group and its partner, Simon Property Group, will build a RM200 million premium outlet in Genting Highlands.Set to...
(Daily Property News and Updates) - May 28, 2015

Titijaya Land Shareholders Approve Penang Acquisition
Titijaya Land Berhad has successfully gained shareholder approval for the acquisition of a 20.3-acre plot of leasehold land in Penang via City Meridian Development Sdn Bhd for a proposed cash consi...
(Press Release) - May 28, 2015

Nippon Paint and IJM Land Berhad Launches 8th Asia-Wide Young Designer Award Competition
Kuala Lumpur, 27 May 2015 – Malaysia’s No. 1 coatings solution provider, Nippon Paint Malaysia Group (“Nippon Paint”), together with IJM Land Berhad (“IJM Land”) launched the Nippon Paint Young Design...
(Press Release) - May 28, 2015

Halex Delivers Leap in Earnings
JOHOR BAHRU, 27 MAY 2015 – Halex Holdings Berhad (‘Halex’ or the ‘Group’) today announced its second quarter (‘Q2FY2015’) and half year (‘1HFY2015’) results for the financial year ending 30 September ...
(Press Release) - May 28, 2015

Good 2015 Start for Mah Sing
Continued Strong Growth in Revenue and Net Profit Mah Sing Group Berhad (Mah Sing) today announced its results for the first quarter ended 31 March 2015, posting a 22.1% increase in revenue to ...
(Press Release) - May 28, 2015

No Tightening Policy For First Time Buyers Of Affordable Homes - Zeti
KUALA LUMPUR, May 26 -- Bank Negara Malaysia (BNM) on Tuesday clarified that there is no tightening policy for first time buyers of affordable homes."The tightening requirement is for the third purcha...
(Daily Property News and Updates) - May 27, 2015

French Firm Alstom Keen To Bid For High-speed Rail Project
KUALA LUMPUR, May 26 -- French multinational, Alstom is keen to bid for the 300km High-Speed Rail (HSR) linking Kuala Lumpur and Singapore project to further strengthen its presence in Malaysia.Alstom...
(Daily Property News and Updates) - May 27, 2015

Nexgram Land, MCC Overseas To Develop RM1.5 Bln Projects
KUALA LUMPUR, May 26 -- Nexgram Holdings Bhd's property arm Nexgram Land Sdn Bhd has signed a Memorandum of Understanding (MoU) with MCC Overseas (M) Sdn Bhd to develop two projects in Cyberjaya and P...
(Daily Property News and Updates) - May 27, 2015

Bina Puri Makes First Foray Into Iskandar Malaysia
KUALA LUMPUR, May 26 -- The property division of Bina Puri Holdings Bhd will form a joint venture to carry out a residential project in LakeHill Resort City, with a gross development value (GDV) of RM...
(Daily Property News and Updates) - May 27, 2015

Tabung Haji To Sell TRX Land For A Profit
KUALA LUMPUR, May 26 -- Lembaga Tabung Haji will be selling the parcel of land it acquired from 1Malaysia Development Bhd (1MDB) at the Tun Razak Exchange (TRX) site for a small profit.Its chairman, D...
(Daily Property News and Updates) - May 27, 2015

Najib Believes Japan Can Make Competitve Bid For High-speed Rail Project
KUALA LUMPUR, May 26 -- Prime Minister Datuk Seri Najib Tun Razak believes Japan can put in a competitive bid for the 300km high-speed rail project linking Kuala Lumpur and Singapore."The Japanese shi...
(Daily Property News and Updates) - May 27, 2015



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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