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Developer Opens RM4.5 Mil Sales Gallery

By Jax Lee / a couple of years ago

THE Selangor State Development Corporation’s (PKNS) premium development arm, DatumCorp International, has launched its sales gallery at 42, Jalan U Thant, Kuala Lumpur which will feature its first development, Datum Jelatek — an award-winning RM1.2bil gross development value (GDV) integrated development. PKNS’s portfolio includes 11 townships in Selangor, including the state capital Shah Alam, Kelana […]

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Ten Years On Iskandar Malaysia Continues To Record Commendable Performance

By Jax Lee / a couple of years ago

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 […]

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

By Jax Lee / a couple of years ago

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 […]

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Malaysian Heirs In Legal Fight Over Four Firms

By Jax Lee / a couple of years ago

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 […]

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Sarawak To Build More Industrial Parks

By Jax Lee / a couple of years ago

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 […]

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Johor Urged To Review Affordable Housing Regulation

By Jax Lee / a couple of years ago

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 […]

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SP Setia Posts Pre-Tax Profit Of RM260.44 Million

By Kim Wong / a couple of years ago

KUALA LUMPUR, (Bernama) — Property developer SP Setia Bhd posted a pre-tax profit and revenue of RM260.44 million and RM1.26 billion, respectively, due to strong sales of RM943 million for the three-month period ended Sept 30, 2016. Meanwhile, for the nine months period ended Sep 30, 2016, the group recorded a pre-tax profit of RM657.43 […]

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SP Setia To Shift Focus From Penang Island To Mainland

By Kim Wong / a couple of years ago

SP Setia Bhd has expanded its footprint in Penang to Sebarang Prai Utara, after it won the tender for a 677.8 piece land there. In an announcement, the company revealed that WTW Real Estate Sdn Bhd had notified it of its successful tender bid at RM620 million, which was made via its subsidiary Setia Recreation […]

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Your Credit Score’s Out There

By Jax Lee / a couple of years ago

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 […]

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Address Diversity Of Affordable Home Definitions, Urges REHDA Institute

By Kim Wong / a couple of years ago

PETALING JAYA, Nov 2 (Bernama) — The diversity of definitions of affordable home price threshold for the Malaysian property market needs to be addressed in a more uniform way, says the Real Estate and Housing Developers’ Association Malaysia (REHDA) Institute. Its Chairman Datuk Jeffrey Ng Tiong Lip said ideally there should be one uniform number […]

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