KUALA LUMPUR (July 25): Lebtech Bhd said the RM55.3 million sub-contract it secured in April this year that involves beach reclamation and shore protection in Kampung Tg Batu Nenasi, Pekan, Pahang, has been mutually terminated. This was because the builder could not come to an agreement with Global Marine Sdn Bhd, from whom it secured…
Read MoreKUALA LUMPUR (July 25): IJM Land Bhd plans to launch its latest mid-rise residential apartment named Daffodil Residency in its Bandar Alam Suria township on Monday (Oct 2). Bandar Suria Alam is a RM3.6 billion, 1,163-acre township located in Puncak Alam, Selangor, comprising residential and commercial components. To date, 60% of the township has been…
Read MoreKUALA LUMPUR (July 25): WORQ, a co-working and flexible space provider, announced its partnership with Malaysia Digital Economy Corporation (MDEC) on July 17 to launch the WORQ with DE Rantau programme, with the aim to contribute to the development of Malaysia’s digital economy. The DE Rantau programme was initiated by MDEC in 2022 to establish…
Read MoreKUALA LUMPUR (July 25): Inflation in Malaysia moderated for a fourth straight month to 2.4% year-on-year in June — the slowest since April 2022 — contributed by almost all consumer price index (CPI) components except for healthcare, with food inflation softening to its lowest in more than one year at 4.7%. While the drop in…
Read MoreThere are several ways to gauge the quality of an agent, from their area of expertise to how they present themselves. (Envato Elements pic) Looking to buy your own property for ownstay or investment? Unless you’re very experienced in the field, it would be a good idea to engage the services of a real estate…
Read MoreA vacancy tax can prevent the oversupply of certain types of properties by encouraging developers to ensure projects meet local demand. PETALING JAYA: Unsold units have blighted the nation’s property sector for many years, with blame for the glut of unwanted properties in the market attributed – rightly or wrongly – to developers who, swayed…
Read MoreKUALA LUMPUR (July 21): The recent hike in conveyancing legal fees will result in a rise in the cost of purchasing a house, said Real Estate and Housing Developers’ Association Malaysia (Rehda). Rehda president Datuk N K Tong (pictured) told Berita Harian that the increased fees will mean buyers have to bear the increased cost…
Read MoreKUALA LUMPUR (July 20): Gamuda Bhd’s property arm Gamuda Land has entered into an agreement to acquire a 9.1-acre site in Thu Duc City in Ho Chi Minh City (HCMC), Vietnam, for approximately US$315.8 million (RM1.47 billion). In a filing to Bursa Malaysia on Thursday (July 20), the company said this mixed-use development site has…
Read MoreKUALA LUMPUR (July 21): Chin Hin Group Property Bhd (CHGP) is collaboratting with AFFIN BANK to offer the AFFIN Home Step Fast/i home financing solutions to homebuyers. Accoring to a media release by CHGP, AFFIN Home Step Fast/i provides homebuyers with the flexibility of low monthly repayments by only servicing the interest for the first…
Read MoreMichael (second left) and M Ryann (second right) holding the signed documents while flanked by Audrey (left) and Rainie (right). PETALING JAYA: MRT Group Bhd, via its subsidiary TST Land Sdn Bhd, has acquired 12.82 acres of industrial land in Rawang for a cash consideration of RM24mil. Located at Rawang Perdana, the freehold parcel is…
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