Transactions for several high-rise projects around the Johor Bahru-Singapore Rapid Transit System Link have reached between RM900 and RM1,100 per square foot, closely mirroring property values in the Klang Valley. (Wikipedia pic) PETALING JAYA: The Johor Bahru-Singapore Rapid Transit System (RTS) Link and a robust Singapore dollar have boosted prices for high-rise properties and rental…
Read MoreFrom left are Ho, Tong and R Adrina at the recent press conference. PETALING JAYA: Unreleased bumiputera lots remain as one of the major hurdles in solving the unsold completed units, termed as the residential overhang. The two other major obstacles are end-financing loan rejection and high prices. The Real Estate and Housing Developers Association…
Read MoreKUALA LUMPUR (Aug 20): Communications and Digital Minister Fahmi Fadzil (pictured) has urged architects to ensure that their designs for new buildings in the country provide for these premises to be properly equipped with internet infrastructure. He said this is in line with the rollout of 5G, which is now readily available in Malaysia. “I…
Read MoreKUALA LUMPUR (Aug 17): A total of 1,010 affordable housing units, dubbed Residensi Wilayah and Residensi Prihatin Madani in Desa Tasik Sungai Besi here, will be offered to the middle 40% and bottom 40% household income groups (M40 and B40), especially those who cannot afford to buy their own homes. Kuala Lumpur City Hall (DBKL),…
Read MoreKUALA LUMPUR (Aug 18): Kerjaya Prospek Group Bhd saw a 10.6% increase in net profit to RM31.57 million for its second quarter ended June 31, 2023 (2QFY2023), from RM28.54 million a year earlier, as the construction outfit posted a record quarterly revenue for 2QFY2023. In a bourse filing on Friday (Aug 18), Kerjaya Prospek said…
Read MoreThe campaign will run from July to December 2023. In meeting the people’s aspiration to own their own homes and properties, Paramount Property, as the people’s developer, is now also offering property buyers the chance to win big prizes every month with the Big Mega Win campaign. In an expanding economy, Paramount anticipates that many…
Read MoreIncreased optimism for 1H2024, despite neutral outlook for the rest of 2H2023 by developers — Rehda Having emerged from the pandemic a year ago with everything continuing to normalise and getting better, and with elections out of the way, developers are optimistic about the next year. PETALING JAYA (Aug 18): The property market is gradually…
Read MoreKUALA LUMPUR (Aug 18): The exit and entrance to the Elmina Interchange on both bounds from the Guthrie Corridor Expressway (GCE), which were closed following the aircraft crash a day earlier, have been reopened to highway users since 3.40pm on Friday (Aug 18). Prolintas Group of Companies in a statement said the reopened routes involve…
Read MoreKUALA LUMPUR (Aug 17): The exit and entrance to Elmina Interchange (Exit 3504) on both bounds from the Guthrie Corridor Expressway (GCE) will be fully closed until work to clear the air crash site and investigation have been completed. Prolintas Group of Companies (Prolintas) said on social media that as an alternative to Elmina from…
Read MoreKUALA LUMPUR (Aug 17): Plenitude Bhd, which owns 10 hospitality assets, is acquiring its second hotel in South Korea for 32 billion won (RM114.3 million), in a bid to expand its footprint there. The company said its first hotel in that country, Travelodge Myeongdong Euljiro, has been registering an occupancy rate of above 80% and…
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