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Malaysia Real Estate and Property News Updates
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Latest News


Sime Darby Property honoured for sustainable development efforts
KUALA LUMPUR: Sime Darby Property Bhd has won two awards for outstanding achievements in the property development sector in Malaysia and Southeast Asia.It bagged the BCI Asia Awards 2011, the second c...
(Daily Property News and Updates) - Feb 03, 2012

LEGOLAND Malaysia Appoints Director Of Sales And Marketing
KUALA LUMPUR, Feb 3 (Bernama) -- LEGOLAND Malaysia, the first LEGOLAND theme park to open in the Asia-Pacific and the sixth in the world, has appointed Thila Munusamy as the Director of Sales and Mark...
(Daily Property News and Updates) - Feb 03, 2012

Hua Yang to focus on Malaysian market for now
KUALA LUMPUR: Property developer Hua Yang Bhd, will explore the overseas market when the company achieves its targeted RM800 million revenue in the next few years, says chief executive officer Ho Wen ...
(Daily Property News and Updates) - Feb 03, 2012

Beijing Bans Low-income Families From Reselling Subsidised Apartments
BEIJING, Feb 2 (Bernama) -- Beijing has banned low-income families who have purchased government-subsidised apartments from reselling them on the market, a practice that has long been criticised since...
(Daily Property News and Updates) - Feb 03, 2012

JCorp in RM40m hotel upgrade
JOHOR Corp, Johor state's investment company, will spend up to RM40 million to upgrade all its hotel assets in line with increasing tourist arrivals in the state, spurred by the opening of several att...
(Daily Property News and Updates) - Feb 02, 2012

Hotelier to offer more boutique lodging options in Penang
GEORGE TOWN: Heritage boutique hotel owners Hoo Kim Hotels Sdn Bhd is looking to offer travellers more boutique hotel options in George Town, with two projects on the drawing board.The owners of the 2...
(Daily Property News and Updates) - Feb 02, 2012

SPNB To Build 10,000 Houses This Year
KUALA LUMPUR, Jan 31 (Bernama) -- Syarikat Perumahan Negara Berhad (SPNB) will complete 10,000 houses through the "Projek Mesra Rakyat" affordable housing scheme by the end of this year with an estima...
(Daily Property News and Updates) - Feb 02, 2012

Sentoria to invest RM48m on 2nd theme park
KUALA LUMPUR (Jan 31): Sentoria Group Bhd, developer and operator of Bukit Gambang Resort City (BGRC) in Pahang, plans to invest some RM48 million in a second theme park, dubbed Bukit Gambang Safari P...
(Daily Property News and Updates) - Feb 02, 2012

IJM to get earnings boost from WCE, MRT
KUALA LUMPUR (Jan 30): The two major construction projects that were recently awarded to IJM Corp Bhd will bode well for the company and provide it with earnings visibility for the next two to three y...
(Daily Property News and Updates) - Jan 31, 2012

PM Hopes For Speedy Issuing Of CF For Shah Alam Apartment Project
KUALA LUMPUR, Jan 27 (Bernama) -- Prime Minister Datuk Seri Najib Tun Razak said today he hopes that the Shah Alam City Council (MBSA) will expedite the issuing of the certificate of fitness (CF) for ...
(Daily Property News and Updates) - Jan 31, 2012

Henry Butcher: 'Cautiously optimistic' Penang residential market in 2012
PENANG: Penang Island's residential sector retained the lion's share of transactions in the property market in terms of total value and volume in 2011 and real estate consultancy Henry Butcher Malaysi...
(Daily Property News and Updates) - Jan 31, 2012

The iProperty Group Takes Mobile to Greater Heights
According to the UN’s International Telecommunications Union (ITU), in 2000 there were only 500 million mobile subscriptions globally; by the beginning of 2011, those numbers had mushroomed to over 5 ...
(Daily Property News and Updates) - Jan 31, 2012

Andaman Group Annual Dinner Golden 60s Theme
SUBANG JAYA – Andaman Group recently held their Annual Dinner themed “Golden 60s” on the 13th of January 2012 at The Summit USJ Hotel in Subang Jaya. It was a night of glitz and glamour where Andaman ...
(Daily Property News and Updates) - Jan 31, 2012

Al-Hadharah REIT net profit soars 273pc
KUALA LUMPUR: Al-Hadharah Boustead REIT (Al-Hadharah REIT) turned in a historically strong performance for the final quarter of its year ended December 31 2011. It posted a net profit of RM239 mill...
(Daily Property News and Updates) - Jan 30, 2012

Berjaya Land mulling hotel divestment?
OVERSEAS ASSETS: Properties earmarked for sale are in Sri Lanka, Seychelles, Singapore and Vietnam, which could fetch US$170m, says source TYCOON Tan Sri Vincent Tan Chee Yioun’s Berjaya Land Bhd (...
(Daily Property News and Updates) - Jan 30, 2012



News sourced from NSTP


BSG Property to replicate Precinct 10's success in Malacca
BSG Property's business development manager Koay Wei Loong said the proposed street mall comprising food and beverage offerings in Malacca is likely ... ...More
(News sourced from NSTP) - Jan 30, 2012

Naza TTDI bullish on KL property
KUALA LUMPUR: Naza TTDI Sdn Bhd, which is optimistic about the property market in Kuala Lumpur, will continue to launch new projects and residential ... ...More
(News sourced from NSTP) - Jan 19, 2012

Tune Hotels aims to replicate success of Westminster property
This will be driven by high demand for affordable hotel rooms in London, especially when the city is hosting 2012 Olympics Games. "We are committed ... ...More
(News sourced from NSTP) - Dec 28, 2011

Malaysia property mart expected to moderate next year
The uncertainty in the market in view of the impact from the upcoming 13th general election will also influence the expected lacklustre performance ... ...More
(News sourced from NSTP) - Dec 17, 2011

CapSquare Centre to be aspires World-Class ICT mall
The mall, located in the heart of town in Jalan Ampang, which has been in operation over the last three years, enjoys some 70 per cent occupancy rate ... ...More
(News sourced from NSTP) - Dec 13, 2011

Amphill bullish on RM200m Rimbun project
BOUTIQUE developer Amphill Corp Sdn Bhd is unfazed by the global turmoil and bullish that its RM200 million Rimbun project in Kuala Lumpur will ... ...More
(News sourced from NSTP) - Dec 02, 2011

CBRE aims to double Asia property portfolio
"We're looking to double the size of our Asian business," said Asia chief executive Richard Price in an interview yesterday. ...More
(News sourced from NSTP) - Nov 19, 2011

SPNB to take over Oriental Village?
GEORGE TOWN: Syarikat Prasarana Negara Bhd (SPNB) is in talks with the Langkawi Development Authority (Lada) to take over the operations of the Oriental Village in Teluk Burau on the resort island. ...
(News sourced from NSTP) - Nov 10, 2011

TH Prop expects wave of interest in Bandar Enstek
SEPANG: TH Properties Sdn Bhd, the property arm of Lembaga Tabung Haji, a pilgrims' fund management institution, expects a new wave of investments next year from local and foreign parties at its Banda...
(News sourced from NSTP) - Nov 05, 2011

KL Metro launches RM400m Negri water homes project
With a gross development value of RM400 million, the project features 642 high-end resort homes with sizes ranging from 770 sq ft to 872 sq ft. ...More
(News sourced from NSTP) - Nov 02, 2011

Axis REIT to buy property from DHL for RM48.5m
At the same time, Axis will lease the property back to DHL for five years. It will have an option to renew the lease for another five years. ...More
(News sourced from NSTP) - Oct 28, 2011

VI Properties woos Malaysians to Canadian real estate
A spokesman said the firm is confident of achieving the target in view of overwhelming demand for its properties in Canada from buyers and ... ...More
(News sourced from NSTP) - Oct 11, 2011

Nadayu to launch projects worth RM1.5b
"We are upbeat on the market. We plan to have a good following and grow the company's net profit and revenue year-on-year. ...More
(News sourced from NSTP) - Oct 10, 2011

AM-EL's high-end St John Woods launched
The St John Woods Residence condominium features 48 luxury homes housed in 33-storey towers that offers one unit per floor. Each unit will have ... ...More
(News sourced from NSTP) - Oct 10, 2011

Naza TTDI to launch high-rise luxury homes
Group managing director SM Faliq SM Nasimuddin told Business Times that it will launch one block with more than 50 floors at the company's RM4 ... ...More
(News sourced from NSTP) - Oct 10, 2011