Fitch: Property developer lending can stoke risks in Malaysia

By Bernama - Thursday, 15 September 2016.

KUALA LUMPUR: The decision to grant lending licences to property developers can add to the risks associated with rising household debt, says Fitch Ratings.


Bangsar, country's desirable address

By SHAREN KAUR - Thursday, January 12, 2017 - 11:58

BANGSAR, first developed as a rubber estate when Malaya was still under the British administration in 1906, remains the most desired residential suburb among Malaysians and expatriates.

5 things to expect this year

Thursday, January 12, 2017 - 11:10 founder Abdul Aziz Ahmad says this year will see many new houses ready for occupancy.

Annuar brushes aside Rafizi's allegation on Mara Inc property purchase

By ARFA YUNUS - Tuesday, January 10, 2017 - 15:00

KUALA LUMPUR: Majlis Amanah Rakyat (Mara) chairman Tan Sri Annuar Musa today dismissed PKR vice-president Rafizi Ramli's criticism and allegation against the agency's subsidiary company, Mara Inc, saying they were made with ill-intention.

Property mart expected to remain subdued

By BT - Saturday, December 31, 2016 - 11:36

KUALA LUMPUR: A COMBINATION of cooling measures and disappointing economic performance continues to make for weak performance of the real estate market in much of Malaysia and Singapore, said independent global property consultancy Knight Frank.

Rising cost of living a major concern for Malaysians

By Bernama - Tuesday, October 18, 2016 - 11:33

KUALA LUMPUR: Malaysians are concerned about the rising cost of living and would like a reduction in income tax, more efforts to curb crime and delivery of affordable housing schemes, according to a survey by Malaysia.

MyRumah: RM6m in properties sold

By Awaina Arbee - Monday, October 10, 2016 - 15:55

KUALA LUMPUR: THE three-day MyRumah III Property Showcase ended on an impressive note yesterday when it raked in RM6 million in sales.

REHDA in talks with govt over incentives for developers using IBS

By LIDIANA ROSLI - Thursday, September 8, 2016 - 15:50

KUALA LUMPUR: The Real Estate & Housing Developers' Association Malaysia (REHDA) is in discussion with the government over the possibility of added incentives for property developers who opt to use the Industrialised Building System (IBS).

NSTP launches MyRumah Property Showcase in Johor Baru

By Ahmad Fairuz Othman - Friday, July 29, 2016 - 16:19

JOHOR BARU: The New Straits Times Press (M) Bhd (NSTP) launched its second MyRumah Property Showcase in Komtar JBCC today in collaboration with the Andaman Group, aimed at making NSTP a leader in print media for property consultation.

Top developers hit by weak mart

By CHERYL YVONNE ACHU - Friday, June 24, 2016 - 11:00

KUALA LUMPUR: The country’s leading listed property companies have seen their sales retreat from the peak in 2013, falling at double-digit rates in 2014 and last year, said RAM Rating Services Bhd.

Over 5,000 cases related to housing developers settled

By Bernama - Friday, June 17, 2016 - 09:11

KUALA LUMPUR: A total of 5,851 cases out of 6,534 cases of housing developers who failed to abide by the sale and purchase agreement since 2013 to May 31 this year have been settled by the National Housing Tribunal.

Playboy Mansion sold to Twinkies chief

By AFP - Tuesday, June 7, 2016 - 10:44

LOS ANGELES: The Playboy Mansion, the legendary party house where Hollywood’s elite cavorted with scantily-clad “bunnies,” is being sold to the billionaire Twinkies owner who lives next door, a spokesman said Monday.

MRCB appointed as PDP to develop Kwasa Damansara township

By AMIR HISYAM RASID - Thursday, May 26, 2016 - 16:01

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) has been appointed by Kwasa Land Sdn Bhd as the project delivery partner (PDP) to develop the main infrastructure for the new Kwasa Damansara township.

Developers should include nurseries in new housing developments: Chew

By MELISSA DARLYNE CHOW - Wednesday, February 17, 2016 - 00:12

ALOR STAR: The Women, Family, and Community Development Ministry wants housing developers to include children’s nurseries in their planning for new housing developments.

No sharp rise in housing prices next year

By LIDIANA ROSLI - Thursday, November 19, 2015 - 12:33

KUALA LUMPUR: The government do not expect housing prices to raise exorbitantly in 2016 on the back of numerous economic challenges, which also include the softening of the ringgit.

German city to seize empty commercial space for refugees

Friday, October 2, 2015 - 22:23

BERLIN: The northern German city of Hamburg has passed a law allowing it to requisition empty commercial properties to house asylum seekers, authorities said Friday.

Banks shy away from property expo

By ZARINA ZAKARIAH - Wednesday, September 9, 2015 - 13:13

KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (REHDA) has urged financial institutions to play a bigger role in the Malaysia Property Expo 2015.

6000 pre-owned properties for sale at Maspex Queensbay Mall

By PREDEEP NAMBIAR - Thursday, August 13, 2015 - 23:26

GEORGE TOWN: Some 6,000 pre-owned properties are up for sale in the Malaysia Secondary Property Exhibition (Maspex) at the Queensbay Mall here from now to Aug 16.

Judge leaves Katy Perry’s bid to buy convent in limbo

Monday, August 3, 2015 - 10:28

LOS ANGELES: Katy Perry’s dream of owning a hilltop convent near Hollywood is going to have a wait a while longer.

Judge keeps door open for Katy Perry to buy convent

Friday, July 31, 2015 - 08:57

LOS ANGELES: A US judge kept the door open Thursday for pop star Katy Perry to buy a former LA convent at the centre of an unholy real estate battle, although a final decision remains on hold.

Nuns won’t sell convent to Katy Perry

Wednesday, July 22, 2015 - 10:26

LOS ANGELES: Katy Perry has amassed millions of fans around the world, but her failure to win over two elderly nuns is creating an unholy battle.

Property mart to see more local, foreign interest

Tuesday, July 21, 2015 - 16:06

KUALA LUMPUR: Malaysia's property market is poised to see interest not only locally but from foreign parties capitalising on the weak ringgit, said global property consultant Knight Frank Malaysia.

China gives new twist to world’s second tallest building

Sunday, June 21, 2015 - 13:20

SHANGHAI: The world’s second tallest building, Shanghai Tower, will soon open in the Chinese financial capital with a twist – a 120-degree twist, to be exact.

Michael Jackson’s Neverland to go on sale for US100 million

Friday, May 29, 2015 - 18:46

WASHINGTON: The sprawling California property that was once the location of the ‘king of pop’ Michael Jackson’s mind-boggling amusement park is going on sale for US100 million, the Wall Street Journal reported on Friday.

Sunsuria’s shares rise in early trade

Tuesday, April 21, 2015 - 12:40

KUALA LUMPUR: Sunsuria Bhd’s shares on Bursa Malaysia rose in early trade today on a proposal to acquire the remaining 50 per cent stake in a 133.95-hectare property development project in Sepang.

Property market to moderate but large developers are resilient: Moody’s

Tuesday, March 3, 2015 - 12:13

KUALA LUMPUR: Intenational rating agency Moody's says the property market will be dampened this year but large listed property developers are expected to be resilient.

New house price declines slow in October

Friday, October 31, 2014 - 21:50

BEIJING: Declines in China’s new home prices slowed in October, a survey showed Friday, though figures still fell for a sixth straight month as property woes weigh on growth in the world’s second-largest economy.

Malaysia to see more mega infratructure and property developments

Tuesday, June 10, 2014 - 13:28

KUALA LUMPUR: The government expects more mega infrastructure and property developments to be launched this year to support the construction sector’s growth, Works Minister Datuk Fadillah Yusof said.

Opposition urges state government to review enactment before it is tabled

Monday, June 9, 2014 - 22:01

NUSAJAYA: Earlier today morning, the opposition urged the state government to properly review the Johor Housing and Property Board Enactment 2014 before it was to be tabled.