All posts in "Development"
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Eversendai Eyes Steel Works Job Of KL118 Tower

By Kim Wong / 3 years ago

Downgraded from hold to sell with a target price of 82 sen: The consortium of Samsung C&T Corp and UEM Group Bhd has secured the KL118 Tower project from the project owner, Permodalan Nasional Bhd, at a contract sum of RM3.4 billion. The 118-storey skyscraper with a height of over 600m will be the tallest […]

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DTZ Property Times: Q3 2015 Kuala Lumpur

By Kim Wong / 3 years ago

The Malaysian economy expanded by 4.9% y-o-y in Q2, the smallest growth since Q4 2013. The unemployment rate remained unchanged at 3.1%. The Ringgit recorded a year-to-date drop of 27% against the US dollar, driven by the devaluation of the Renminbi amid concerns on China’s economic growth, weakened investor sentiment, and low oil prices. Investment […]

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Potential PKNS House Buyers Asked To Register With Selangor Housing Board

By Kim Wong / 3 years ago

The Selangor State Development Corporation (PKNS) has urged low-income people in Selangor to apply for the purchase of its houses in the state through the Selangor Real Estate and Housing Board (LPHS). PKNS general manager Azlan Md Alifah said this would facilitate the corporation in making available more affordable homes as well as assist the […]

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Malaysia’s Property Market In 2016: What To Expect & Predictions

By Kim Wong / 3 years ago

Last year saw property buyers and aspiring house owners being plagued with negative sentiments especially with the falling Ringgit. As we start the new year, the top-most question on everyone’s mind – where is the property market heading? iProperty.com consulted some industry experts and developers to learn what the property industry has in store for […]

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2016 Will We Tough For Malaysian Market, Says Eastspring Investments

By Kim Wong / 3 years ago

KUALA LUMPUR, Dec 28: The Malaysian market is expected to remain tough next year as corporate earnings remain weak, said Eastspring Investments Bhd general manager of investment services Yvonne Tan. “Corporate earnings forecast in the beginning of the year were about high single-digit growth. As of now, market is actually looking at a negative growth of […]

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Residents Near Penang Land Reclamation Project Fear The Worst

By Kim Wong / 3 years ago

GEORGE TOWN (Dec 29): There are mixed feelings among Penang folk about land reclamation, especially the latest plan to create man-made islands off the southern coast of the island to finance the RM27 billion Penang Transport Master Plan (PTMP). Fishermen in the area are unhappy with the proposal by SRS Consortium Sdn Bhd to reclaim […]

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