Ten Years On Iskandar Malaysia Continues To Record Commendable Performance

ISKANDAR MALAYSIA: The much anticipated Iskandar Malaysia’s 10th Year anniversary celebration was officially launched by Prime Minister of Malaysia YAB Dato’ Sri Mohd Najib Tun Razak in Educity, Iskandar Puteri here yesterday. Also present at the launch was Menteri Besar of Johor YAB Dato’ Mohamed Khaled Nordin. In the past decade, from 2006 until November … Read more

Bina Darulaman Bhd Lines Up Property Projects With GDV Of RM900 Million In 2017

KUALA LUMPUR — Property developer Bina Darulaman Bhd (BDB), is lining up projects with a gross development value (GDV) of RM900 million for 2017. Group Managing Director Datuk Izham Yusoff said the projects include a water theme park in Bandar Darulaman township and residential development in Kuala Kangsar, Perak. “Kuala Kangsar will be BDB’s first venture … Read more

Malaysian Heirs In Legal Fight Over Four Firms

The descendants of a Malaysian property mogul are fighting in Singapore’s High Court over four family-owned firms, one of which owns 32 units in the Bukit Timah Shopping Centre. Notably, the late Mr Loong Yoke Phin’s eight daughters, who hold minority stakes in the four companies, have taken to court their only brother and his … Read more

Sarawak To Build More Industrial Parks

KUCHING  — Sarawak, in addition to providing business premises to entrepreneurs, will build more industrial parks to cater to the needs of investors as well as the small, medium entrepreneurs to grow their businesses. Its Minister of Industrial Development, Entrepreneur and Investment, Datuk Amar Awang Tengah Ali Hasan, said eight industrial parks, with an allocation … Read more

The 5 Strongest Property Markets in Asia-Pacific

2017 is going to be a big year for Bangalore real estate. With a blossoming tech sector, the Indian megalopolis is the new champ in the latest City Investment Prospects survey released this week with the annual Emerging Trends in Real Estate Asia Pacific report by the Urban Land Institute and PricewaterhouseCoopers (PwC). Bangalore switched … Read more

Johor Urged To Review Affordable Housing Regulation

Assemblyman Datuk M. Asojan (BN-Gambir) has called on the state government of Johor to review a housing regulation to spur the development of affordable homes outside the Iskandar Malaysia region. Asojan noted that it was hard to find housing developments spanning over 1.21ha in Tangkak as well as in Bukit Gamir as property developers in … Read more

Your Credit Score’s Out There

Credit reporting agency CTOS has made its consumer credit score report available via phone apps. Your ‘credit-bility’ is now in the public realm, with the agency saying this may encourage people to be more aware and to take charge of their credit health. MEK ZHIN reports. MALAYSIAN credit reporting agency CTOS has made its credit … Read more

Budget 2017’s Impact On Property Sector

CH Williams, Talhar & Wong (WTW) sees the 2017 Budget’s impact on the property sector as relatively neutral as funds allocation, cost and taxes proposed were focused more on alleviating the home buying woes of first time buyer. WTW noted that the stamp duty waived for the acquisition of homes priced up to RM300,000 by … Read more

Completion Of Overhead Bridge May Boost Property Prices

THERE is good news for those dreaming of owning a landed property in idyllic Balik Pulau, Penang. ABSM Land Sdn Bhd’s Rena Park, located in Sungai Rusa, comprises three-storey terrace units that are perfect for those looking for an ideal, affordable and spacious home. ABSM Land chief executive officer Rethinam Pillay (pic) said the first … Read more