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  • Property News

    Developers are toning down their pessimism for 2H2021, says Rehda

    Although many developers perceived the first half of the year as unfavourable, their views have slightly changed for the better for the second half, according to Real Estate & Housing Developers’ Association (Rehda) Malaysia. The somewhat renewed interest in the property industry stems predominantly from the declining daily Covid-19 numbers and the rollout of Covid-19…

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  • Property News

    Over 34,000 properties worth RM25.65b sold in HOC 2020/2021

    Home Ownership Campaign 2020/2021 has seen 34,354 properties worth RM25.65 billion sold as of Feb 28, 2021, said Real Estate and Housing Developers Association Malaysia (Rehda) Malaysia president Datuk Soam Heng Choon (pictured). Out of these properties, a majority of 28,045 units (82%) are properties under construction while 18% or 6,039 units are completed units….

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  • Property News

    Analysts say Kerjaya Prospek’s Tee brothers’ E&O takeover offer unattractive but fair, recommend holders to accept

    Kerjaya Prospek Group Bhd’s Tee brothers’ proposed takeover of Eastern & Oriental Bhd (E&O) is unattractive but fair, and hence shareholders should accept the offer, said analysts. Affin Hwang Capital’s analyst Loong Chee Wei in a note today said, he believed the takeover price of 60 sen is reasonable given the high implied FY22 price…

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  • Property News

    5 of the most popular housing areas in Selangor

    These are some of the most popular locations to settle down in Selangor. Selangor is a huge state with a growing population and great infrastructure, making it highly sought after by Malaysians looking for a home to stay. But with so many areas to choose from, how does one decide on the best? To aid…

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  • Property News

    Tropicana 4Q net profit surges on proceeds from land sales

    Tropicana Corp Bhd’s net profit surged 231.43% to RM48.08 million for the fourth quarter ended Dec 31, 2020 (4QFY20) from RM14.51 million in the preceding quarter. The group attributed this to the sale of two parcels of freehold development land for RM98.1 million. On top of that, Tropicana saw higher sales and progress billings across…

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  • Sepang

    Primrose @ Saujana KLIA

    The first phase of Primrose @ Saujana KLIA unveiled comprises 123 double-storey terraced houses with land area measuring 20ft by 60ft and a built-up ranging between 1,560 sq ft and 2,288 sq ft. The affordable homes are priced from RM498,800 for an intermediate unit. Being part of the 213-acre of Saujana KLIA development project, Primrose…

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  • Property News

    Scientex to deliver 50,000 affordable homes by 2028

    Scientex Bhd’s property division has targeted to deliver 50,000 units of affordable homes by 2028 to benefit more than 300,000 Malaysians. Its property division chief operating officer Datuk Alex Khaw Giet Thye yesterday said Scientex had already delivered more than 22,000 affordable homes priced below RM500,000 nationwide. He also said the company had acquired total land bank…

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  • Kajang

    Mirai Residences

    Mirai Residences is a new and upcoming development of serviced apartments cum retail units in the growing town of Kajang. It is a joint venture between MKH Berhad and Panasonic, which is a promise in itself that every unit will be well designed and well built. There will be a total of 1496 units in…

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