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Malaysia Real Estate and Property News Updates
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Rehda lobbies for RM10b annual green allocation
KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (Rehda) is lobbying for a RM10 billion annual allocation from the government to help upgrade existing buildings to be energy ...
(Daily Property News and Updates) - May 23, 2012

Housing ministry to build more garbage transfer stations
SHAH ALAM: Additional solid waste transfer stations will be built in areas where necessary, said Housing and Local Government Minister Datuk Seri Chor Chee Heung.He said the existence of the facility ...
(Daily Property News and Updates) - May 23, 2012

Australian property favoured by Asian investors
KUALA LUMPUR: Investors from Hong Kong, Singapore, Malaysia and China are turning to the Australian commercial property market to combat lower local interest rate returns and the threat of continued g...
(Daily Property News and Updates) - May 22, 2012

Impiana to sign share sale deal with Heritage Lane
KUALA LUMPUR: Impiana Hotels & Resorts (IHR), operator of Impiana KLCC Hotel, will take a 20 per cent stake in the owning company Heritage Lane Sdn Bhd.It expects to sign a share sale deal with He...
(Daily Property News and Updates) - May 22, 2012

Jaya33 Cybercentre targets corporate ICT players
PETALING JAYA: Jaya33 Cybercentre here launched two new tower blocks recently, becoming the first commercial property in PJ specially designed to fulfill corporate ICT needs.Tower 4 and Tower 5 has in...
(Daily Property News and Updates) - May 22, 2012

UEM Land emerges winner in recent Asia Pacific Property Awards
KUALA LUMPUR: UEM Land Holdings Berhad emerged winner for its East Ledang development at the recent Asia Pacific Property Awards held here.East Ledang, which won the Best Architecture Multiple Residen...
(Daily Property News and Updates) - May 21, 2012

Malaysian investors looking beyond local shores for property
KUALA LUMPUR: Investing in the overseas property market seems to be popular among Malaysian investors despite the eurozone crisis, which is affecting economies worldwide.Among the target markets are t...
(Daily Property News and Updates) - May 21, 2012

Impiana KLCC garners good response for new rooms
KUALA LUMPUR: Impiana KLCC Hotel will meet its 2013 room rate projection a year earlier than scheduled, following better than anticipated demand for its new rooms.The hotel, which will launch its RM10...
(Daily Property News and Updates) - May 21, 2012

IGB and Selia Pantai sign MoU for land
KUALA LUMPUR: IGB Corporation Berhad and Selia Pantai Sdn Bhd signed a joint-venture to acquire and develop land in Johor Bahru here recently.The three parcels of leasehold land in Mukim Plentong will...
(Daily Property News and Updates) - May 21, 2012

Jaya33 open to interest in its assets
PETALING JAYA: JAYA33 Sdn Bhd, a niche developer, will consider disposing of some of its office towers at Jaya33 Cybercentre in Petaling Jaya, Selangor, if there are good offers, its chief said.Jaya33...
(Daily Property News and Updates) - May 18, 2012

Zetapark Sdn Bhd launches final phase of The Loft
KUALA LUMPUR: Zetapark Development Sdn Bhd, a subsidiary of Fitters Diversified Berhad, launched the final phase of The Loft @ Zetapark at KL Festival City Mall here today.The serviced apartment launc...
(Daily Property News and Updates) - May 18, 2012

iProperty.com Malaysia continues to dominate local market
KUALA LUMPUR: iProperty Group announced yesterday that iProperty.com Malaysia's year-to-date results show a significant increase in the number of unique visitors, visits and page impressions.YOY resul...
(Daily Property News and Updates) - May 17, 2012

WCT Berhad eyes expansion of property sector
KLANG: WCT Berhad announced plans of expanding its property and commercial development sector, after its 31st AGM here yesterday.WCT chairman Datuk Capt Ahmad Sufian said that with Kelana Jaya's Parad...
(Daily Property News and Updates) - May 17, 2012

Analysts approve of SP Setia's latest land deal
KUALA LUMPUR: Analysts have given the thumbs up to SP Setia Bhd's proposed acqusition of a 21.3-acre freehold land in Timor Laut District, Penang, for RM185.6 million.MIDF Research said the new acquis...
(Daily Property News and Updates) - May 17, 2012

Property slump brings Paramount's pre-tax profit down
KUALA LUMPUR: Paramount Corporation Bhd posted a lower pre-tax profit for the first quarter of 2012 due to a lower contribution from its property development division.The pre-tax profit slipped to RM1...
(Daily Property News and Updates) - May 17, 2012



News sourced from NSTP


Mah Sing buys 172ha in Bandar Baru Bangi
MAH Sing Group Bhd, one of the country's top developers, has bought 172ha of land in Bandar Baru Bangi, Selangor, for RM333.26 million, or RM18.55 ... ...More
(News sourced from NSTP) - May 22, 2012

Bumiputera property expo sees RM50m sales
The expo, which started yesterday at the Mid Valley Exhibition Centre in KL, will end tomorrow. It showcases RM2.3 billion worth of properties ... ...More
(News sourced from NSTP) - Apr 14, 2012

CIMB-TCA buys Canberra office building for A$226m
CIMB TrustCapital Advisors (CIMB-TCA) has acquired a 12-storey office building in Canberra, Australia, for an estimated A$226 million (RM716 million). ...More
(News sourced from NSTP) - Apr 12, 2012

UMLand plans RM1.4b projects
UMLand director Datuk Syed Ahmad Khalid Syed Mohammed said construction on the mixed development project in Medini, Iskandar, would start soon. ...More
(News sourced from NSTP) - Mar 31, 2012

Emkay's development of Cyberjaya enters phase 3
Emkay group chairman Tan Sri Mustapha Kamal Abu Bakar said it plans to embark on an additional 3.1 million sq ft of office space, 3,250 units of ... ...More
(News sourced from NSTP) - Feb 29, 2012

i-City development, phase two
According to I-Berhad marketing director Monica Ong, the firm will introduce its first residential project at i-City, dubbed i-Residence. ...More
(News sourced from NSTP) - Feb 14, 2012

'Fully developed resort city by 2018'
The resort city, which opened its doors two years ago, currently has a water theme park but more attractions are expected to be added soon. ...More
(News sourced from NSTP) - Feb 10, 2012

Pacific Star bullish on Asian retail property sector
It explained that with the weak US and European markets, more international retailers, lured by Asia's growing wealth and tourism potential, are now ... ...More
(News sourced from NSTP) - Feb 08, 2012

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