June 25, 2016

Latest Property News

  • Malaysia sees five-year high in deals in M&A, PE/VC and IPO
    Duff & Phelps said the energy sector in Malaysia continues to witness high deal value activity for inbound M&A for Malaysia, with real estate being the top sector for domestic M&A. The two largest M&A transactions in 2017 for Malaysia were the acquisitions of 50 per cent stakes in Refinery... Read more »
  • UEM Sunrise Eyeing Project In Excess Of RM700 Mln In GDV
    In a statement to Bursa Malaysia, the property developer said the development order has been approved for Equine Land comprising 924 residential units. The properties are targeted at upper-mid market purchasers, it said. “The key selling points for the project would be the location and its accessibility.... Read more »
  • MP: Mayor confirmed RM1m condo ban not implemented in KL
    Picture by Yusof Mat IsaKUALA LUMPUR, Dec 12 ― The Kuala Lumpur mayor has confirmed that a recently-announced government ban on new condominiums or office properties with units worth over RM1 million will not apply to the city, an MP said today. Segambut MP Lim Lip Eng said he had... Read more »
  • Reports Show that Banks have Approved RM57bil Worth of Housing Loans to First-Time ...
    Lee noted that the central bank's the Housing Watch website at http://www.housingwatch.my offers the latest information on Malaysia's real estate such as housing ... Home buyers, sellers or property renters looking for Malaysian Properties, may like to visit the New Launches or Project Reviews page.... Read more »
  • Berjaya Land Tells China Firm to Pay Up RM601mil or Be Dragged to Court Over Great Mall ...
    Berjaya Land (BLand), one of Malaysia's biggest real estate groups, has officially asked for remaining amount owed by a Chinese firm for the RMB2.04 billion sale of Berjaya (China) Great Mall Recreation Centre. Its 51-percent-owned unit Berjaya (China) Great Mall Co Ltd (GMOC) has sent a notice of ...... Read more »
  • Builder of KL-Singapore HSR to be Named Soon
    What's important is that the companies coming forward should and must have railway experience in Malaysia, alongside expertise in high-speed rail.” Notably ... Home buyers, sellers or property renters looking for Malaysian Properties, may like to visit the New Launches or Project Reviews page.... Read more »
  • IMF sees Malaysia economy expanding 5% to 5.5% in 2018
    KUALA LUMPUR: The International Monetary Fund (IMF) expects the Malaysia economy to grow at a slower pace of between 5% and 5.5% in 2018 and ... While housing price growth has moderated, pockets of risks exist in exposures to household mortgages and the property development sector.... Read more »
  • KLCI edges up on favourable GDP outlook from IMF
    The actives included PUC Bhd, Green Packet Bhd, Borneo Oil Bhd, Trive Property Group Bhd, Sapura Energy Bhd, JAG Bhd, Inix Technologies Holdings Bhd and Kejuruteraan Asastera Bhd. The losers included Panasonic Manufacturing Malaysia Bhd, Pos Malaysia Bhd, Ajinomoto (M) Bhd, Latitude ...... Read more »
  • Residensi Solaris Parq's Take-Up Rates Reach 80%
    UEM Sunrise Berhad, one of Malaysia's leading property developers recently launched Residensi Solaris Parq and has received an encouraging response since early October 2017. The take-up rate of Residensi Solaris Parq stood at 80 percent as of the end of November. Residensi Solaris Parq marks ...... Read more »