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Malaysia Real Estate and Property News Updates
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iProperty.com Malaysia continues to dominate local market
KUALA LUMPUR: iProperty Group announced yesterday that iProperty.com Malaysia's year-to-date results show a significant increase in the number of unique visitors, visits and page impressions.YOY resul...
(Daily Property News and Updates) - May 17, 2012

WCT Berhad eyes expansion of property sector
KLANG: WCT Berhad announced plans of expanding its property and commercial development sector, after its 31st AGM here yesterday.WCT chairman Datuk Capt Ahmad Sufian said that with Kelana Jaya's Parad...
(Daily Property News and Updates) - May 17, 2012

Analysts approve of SP Setia's latest land deal
KUALA LUMPUR: Analysts have given the thumbs up to SP Setia Bhd's proposed acqusition of a 21.3-acre freehold land in Timor Laut District, Penang, for RM185.6 million.MIDF Research said the new acquis...
(Daily Property News and Updates) - May 17, 2012

Property slump brings Paramount's pre-tax profit down
KUALA LUMPUR: Paramount Corporation Bhd posted a lower pre-tax profit for the first quarter of 2012 due to a lower contribution from its property development division.The pre-tax profit slipped to RM1...
(Daily Property News and Updates) - May 17, 2012

Mapex Negeri Sembilan set to be a success
SEREMBAN: The first round of the Malaysia Property Expo (Mapex) at the Seremban Parade here from May 18-20 will feature 17 developers and two related industry players.The expo is organised by the Real...
(Daily Property News and Updates) - May 17, 2012

Govt gives RM40mil to revive abandoned projects
KUALA LUMPUR: The government has injected RM40 million to help revive 14 low-cost housing projects abandoned nationwide between 2009 and March this year, Housing and Local Government Minister Datuk Se...
(Daily Property News and Updates) - May 15, 2012

MBSB records modest growth rate in 1Q 2012
KUALA LUMPUR: MBSB Group recorded a pre-tax profit of RM110 million, an increase of 21% yoy, for 1Q 2012.The 1Q profit is a 9% jump qoq, compared to a pre-tax profit of RM101mil for 4Q 2011.Net loan, ...
(Daily Property News and Updates) - May 15, 2012

Andaman Group hands out 100 National Achievers Congress tickets
SUBANG JAYA: Andaman Group today presented tickets to the National Achievers Congress in Malaysia to its loyal customers at its sales gallery here.Around 100 tickets valued between RM1000 and RM5000 w...
(Daily Property News and Updates) - May 14, 2012

My First Home Scheme applicants must meet banks' criteria
KUALA LUMPUR: My First Home Scheme introduced by the government last year is not an assurance that all first-time buyers of a house priced between RM100,000 and RM400,000 are eligible for housing loan...
(Daily Property News and Updates) - May 11, 2012

iProperty Group sees improvement in core markets
KUALA LUMPUR: iProperty Group (ASX: IPP) today released their Interim Management Update for the period 1 January 2012 through 30 April 2012. There has been an improvement in competitive position in ea...
(Daily Property News and Updates) - May 11, 2012

Sime Darby and CapitaMalls plan RM500mil shopping mall
KUALA LUMPUR: Sime Darby Property, the country’s largest developer by landbank size, plans to develop a RM500 million shopping mall in the Klang Valley, in partnership with CapitaMalls Asia Ltd.The ma...
(Daily Property News and Updates) - May 10, 2012

UOA and Frasers collaborate on Bangsar South hotel project
KUALA LUMPUR: UOA Development Bhd has engaged Frasers Hospitality Pte Ltd to manage the premium floors of UOA's Camellia Serviced Suites.This business engagement marks UOA’s first collaboration with a...
(Daily Property News and Updates) - May 10, 2012

Suria Capital's mixed development to complement SICC
KOTA KINABALU: Suria Capital Holdings Bhd's venture into property and development is now taking shape after securing 9.4ha here for a landmark project.The group, which is involved in ports operations,...
(Daily Property News and Updates) - May 09, 2012

Al-Hadharah REIT records higher profit
KUALA LUMPUR: Al-Hadharah Boustead REIT has recorded a higher profit after tax of RM21 million for its first quarter ended March 31 2012, from RM20 million posted previously.Its revenue improved to RM...
(Daily Property News and Updates) - May 09, 2012

KLCC expands premises for WGC2012
KUALA LUMPUR: KLCC (Holdings) Sdn Bhd, owner of Kuala Lumpur Convention Centre Sdn Bhd, has expanded its facilities and premises to include a new marquee structure, Hall 6, which extends the Centre’s ...
(Daily Property News and Updates) - May 09, 2012



News sourced from NSTP


Bumiputera property expo sees RM50m sales
The expo, which started yesterday at the Mid Valley Exhibition Centre in KL, will end tomorrow. It showcases RM2.3 billion worth of properties ... ...More
(News sourced from NSTP) - Apr 14, 2012

CIMB-TCA buys Canberra office building for A$226m
CIMB TrustCapital Advisors (CIMB-TCA) has acquired a 12-storey office building in Canberra, Australia, for an estimated A$226 million (RM716 million). ...More
(News sourced from NSTP) - Apr 12, 2012

UMLand plans RM1.4b projects
UMLand director Datuk Syed Ahmad Khalid Syed Mohammed said construction on the mixed development project in Medini, Iskandar, would start soon. ...More
(News sourced from NSTP) - Mar 31, 2012

Emkay's development of Cyberjaya enters phase 3
Emkay group chairman Tan Sri Mustapha Kamal Abu Bakar said it plans to embark on an additional 3.1 million sq ft of office space, 3,250 units of ... ...More
(News sourced from NSTP) - Feb 29, 2012

i-City development, phase two
According to I-Berhad marketing director Monica Ong, the firm will introduce its first residential project at i-City, dubbed i-Residence. ...More
(News sourced from NSTP) - Feb 14, 2012

'Fully developed resort city by 2018'
The resort city, which opened its doors two years ago, currently has a water theme park but more attractions are expected to be added soon. ...More
(News sourced from NSTP) - Feb 10, 2012

Pacific Star bullish on Asian retail property sector
It explained that with the weak US and European markets, more international retailers, lured by Asia's growing wealth and tourism potential, are now ... ...More
(News sourced from NSTP) - Feb 08, 2012

BSG Property to replicate Precinct 10's success in Malacca
BSG Property's business development manager Koay Wei Loong said the proposed street mall comprising food and beverage offerings in Malacca is likely ... ...More
(News sourced from NSTP) - Jan 30, 2012

Naza TTDI bullish on KL property
KUALA LUMPUR: Naza TTDI Sdn Bhd, which is optimistic about the property market in Kuala Lumpur, will continue to launch new projects and residential ... ...More
(News sourced from NSTP) - Jan 19, 2012

Tune Hotels aims to replicate success of Westminster property
This will be driven by high demand for affordable hotel rooms in London, especially when the city is hosting 2012 Olympics Games. "We are committed ... ...More
(News sourced from NSTP) - Dec 28, 2011

Malaysia property mart expected to moderate next year
The uncertainty in the market in view of the impact from the upcoming 13th general election will also influence the expected lacklustre performance ... ...More
(News sourced from NSTP) - Dec 17, 2011

CapSquare Centre to be aspires World-Class ICT mall
The mall, located in the heart of town in Jalan Ampang, which has been in operation over the last three years, enjoys some 70 per cent occupancy rate ... ...More
(News sourced from NSTP) - Dec 13, 2011

Amphill bullish on RM200m Rimbun project
BOUTIQUE developer Amphill Corp Sdn Bhd is unfazed by the global turmoil and bullish that its RM200 million Rimbun project in Kuala Lumpur will ... ...More
(News sourced from NSTP) - Dec 02, 2011

CBRE aims to double Asia property portfolio
"We're looking to double the size of our Asian business," said Asia chief executive Richard Price in an interview yesterday. ...More
(News sourced from NSTP) - Nov 19, 2011

SPNB to take over Oriental Village?
GEORGE TOWN: Syarikat Prasarana Negara Bhd (SPNB) is in talks with the Langkawi Development Authority (Lada) to take over the operations of the Oriental Village in Teluk Burau on the resort island. ...
(News sourced from NSTP) - Nov 10, 2011