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PROPERTY NEWS
IJM Corp's Outstanding Orderbook Hits Record RM9 Billion Level

IJM Corp Bhd’s latest construction job win has lifted its outstanding orderbook to above RM9 billion, further enhancing its medium-term earnings visibility. In its note, Maybank Investment Bank (IB) Research said the latest job win lifts IJM’s outstanding orderbook to a new record level, f...
Businesses and Homeowners Expect Boom Along MRT Phase 2 Line

The MRT Sungai Buloh-Kajang Line which was launched on Monday, 17 June, will not only connect the unconnected but also bring business potential and economic opportunities to millions of shops and homes along the alignment. Small businesses operating near stations along the line are hopeful tha...
Mah Sing Shifts Its Focus on Affordable Properties

In a bid to streamline its landbank to fit current market demand and business strategies, Mah Sing axed two deals entered into three years ago to focus on affordable properties, reported New Straits Times. “It is important for us to understand the market’s needs and offer the right product...
Raya Fun Run at Bandar Rimbayu

It was a day full of fun, friendship and sportsmanship at Bandar Rimbayu’s Run With Me. The fun run saw 2000 runners from all walks of life getting into the spirit of togetherness, with friends and family by their side as they ran, walked, danced and sashayed to the finish line. Held for th...
Holistic Approach to Housing in Malaysia

The calls from different organisations for concrete and coordinated solutions to tackle the affordable housing issue may have finally hit home. Cagamas Bhd, the national mortgage corporation, has proposed the setting up of a central repository to monitor and manage the demand and supply of aff...
More Than 33,000 Foreigners Have Made Malaysia Their Second Home

More than 33,000 foreigners from 126 countries have settled in the country under the Malaysia My Second Home (MM2H) programme since 2002, says Datuk Seri Mohamed Nazri Abdul Aziz. The Tourism and Culture Minister said a total of RM12.8bil was generated in tangible benefits and total receipts f...
Najib Announces Four More Service to Be GST Zero-Rated

Prime Minister Datuk Seri Najib Tun Razak (pic) has announced that four additional services will be treated as zero-rated supply under the Goods and Services Tax (GST). These services would be granted zero-rated supply status effective from 1 July 2017. "Firstly, prescribed services perform...
'An Exclusive Raya Evening' With Asian Food Channel's Celebrity Chef Sherson Lian

S P Setia Bhd organised an exclusive raya evening with Asian Food Channel’s (AFC) celebrity chef Sherson Lian, yesterday. In collaboration with AFC and Family Kitchen, the event that took place at the Setia Eco Templer ballroom, themed ‘Hati Dibuka Kasih Dikongsi’ attended by 150 guests ...
Affordable Housing: '1m - Unit Shortage by 2020'

The Klang Valley is the fastest-growing area in Malaysia, but the population boom has brought a surge in housing costs, which have become an increasing worry for all stakeholders, said, experts. Bank Negara Malaysia deputy governor Shaik Abdul Rasheed Abdul Ghaffour said affordable housing had...
Streamline Management to Boost Affordable Housing

There is a need to streamline the affordable housing development programmes under a single effective management to help boost house ownership, especially for the B40 segment, said online property portal PropertyGuru Malaysia. Country manager, Sheldon Fernandez, said the management could help m...
S P Setia Announces Acquisition of I&P Group for RM3.65 Billion

S P Setia signed a conditional Share Purchase Agreement today to acquire I&P Group Sdn Berhad (“I&P Group”) for RM3.65 billion. On completion, I&P Group will become a wholly-owned subsidiary of S P Setia, increasing its land banks from 5,141 acres to 9,417 acres. On 14th April 2017, the G...
Development Should Be Balanced With Art and Culture

The rapid development enjoyed by the country should be balanced and move in tandem with meeting spiritual needs through arts and culture appreciation. Prime Minister Datuk Seri Najib Tun Razak said this was because, through works of art, love and pride for the country could be implanted in the...
Titijaya Topping-Off Ceremony for H2O Residences Block a @ Ara Damansara

Titijaya Land Berhad held a topping-off ceremony at H2O Residences Block A @ Ara Damansara. The ceremony symbolises the final stage of development and was graced by MBPJ Building Control Deputy Director En. Ismathinon Bin Haji Abd Rahman, Titijaya Deputy Managing Director Mr. Lim Poh Yit, Executi...
SkyWorld Chess Tournaments Attracts 1,150 Players

SkyWorld Development Group hosted two weekends of friendly chess tournaments in its aim to connect the community and cultivate a healthier activity for the children. More than 1,000 grade-schoolers registered and pulled out their chess boards for a tournament co-organised by SkyWorld and Mega...
S P Setia Continues to Commemorate World Environment Day With Young Children

Since 2008, S P Setia has been commemorating World Environment Day (WED) to heighten public awareness towards major environmental issues. This year, the country’s leading property developer celebrated WED together with a group of selected young children in Penang. “We once again collaborat...
Old Pudu Jail Site to Be Transformed Into World-Class Development

Bukit Bintang City Centre (BBCC) will feature a retail mall, with construction work for both BBCC and Mitsui Shopping Park LaLaport KL set to begin soon. Prime Minister Datuk Seri Najib Tun Razak, who officiated the ground-breaking ceremony for the project on Tuesday, June 20, morning, said th...
Sunsuria City Deploys EV Charging Stations in Collaboration With PRG

Sunsuria Berhad (“Sunsuria”) and PRG Holdings Berhad (“PRG”), both Bursa Malaysia Main Market-listed companies are pleased to announce that via their respective subsidiaries, Sunsuria City Sdn Bhd (SCSB) and Premier Electrify Sdn Bhd (“PESB”) have today signed a Memorandum of Collabo...
Affordable Homes to Drive Property Sector

LBS Bina Group Managing Director Tan Sri Lim Hock San believes that Malaysia’s real estate sector would be driven by the sale of affordable houses over next three years or more. “I think for (at least) the next two to three years, (low-cost) properties will sustain the property market as l...
IJM Land Launches New Project at Bandar Rimbayu Township

IJM Land believes in ideals; the popular developer also believes in providing its home buyers with properties that fulfil the unmet needs of an evolving society. The latest development to be launched at Bandar Rimbayu is the Livia Type A double story link homes with gross built-up of 1658 squ...
S P Setia Secured Another Development Site in Melbourne With Sapphire by the Gardens Launch

Hot on the heels of S P Setia’s recent announcement of a partnership with Shangri-La Hotels & Resorts for its latest development project at 308 Exhibition St overlooking the UNESCO World Heritage-listed Carlton Gardens and the Melbourne city skyline, Setia is pleased to announce the take-up rat...
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