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Malaysia Real Estate and Property News Updates
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Latest News


Mahajaya gets takeover offer
PETALING JAYA: Property development and construction group Mahajaya Bhd has received a takeover offer of 85 sen cash per share from Waiban Corp Sdn Bhd (WCSB), Rancangan Impian Sdn Bhd (RISB), Tan Min...
(Daily Property News and Updates) - Feb 10, 2012

MAPEX To Attract More International Top Property Developers
KUALA LUMPUR, Feb 9 (Bernama) -- The Malaysia Property Exposition (MAPEX) is keen to attract more international top property developers with the inaugural participation of global property players in t...
(Daily Property News and Updates) - Feb 10, 2012

Sarawakians Get 'Home Away From Home' Feel At Sarawak Foundation House London
LONDON, Feb 9 (Bernama) -- Many Malaysians, especially those studying in the United Kingdom, will have fond memories of their stay at the Malaysia Hall here. Likewise, the Sarawak Foundation House ...
(Daily Property News and Updates) - Feb 10, 2012

Hua Yang Expects Profit To Be Better Than RM42 Million Consensus
KUALA LUMPUR, Feb 8 (Bernama) - Property-based company, Hua Yang Bhd, is confident that net profit for the current year ending March 31, 2012, would be higher than the consensus of RM42 million. ...
(Daily Property News and Updates) - Feb 10, 2012

Nippon Paint Presenting The Best ‘Green Painting Solutions At Greenbuild 2012
Shah Alam, 10 February 2012 – A paint solution which cares for buildings as well as its surroundings, namely its occupants and the environment, is a smart investment everyone should consider. To help ...
(Daily Property News and Updates) - Feb 10, 2012

Plan for RM13b Danga Bay waterfront project
JOHOR BARU: Businessman Datuk Lim Kang Hoo, who recently made a privatisation bid for developer Tebrau Teguh Bhd, is planning a more than RM13 billion project at Danga Bay here. The soon-to-be-laun...
(Daily Property News and Updates) - Feb 09, 2012

Naim Indah Major Shareholder sells all 22.8% Stake
Kuala Lumpur(Feb8): NAIM INDAH CORPORATION BHD's major shareholder Crest Energy Sdn.Bhd had disposed of all its 22.80% stake comprising of 160.06 million shares in the company.Naim Indah said on Wedne...
(Daily Property News and Updates) - Feb 09, 2012

Belum Rainforest Resort's 2nd phase to be ready in 2013
PULAU BANDING (Feb 3): Emkay Group expects to complete the RM29 million Phase 2 of Belum Rainforest Resort by March next year, said chairman Tan Sri Mustapha Kamal. Located in Perak, it is part of ...
(Daily Property News and Updates) - Feb 09, 2012

Equity rich homeowners increase stake in Central London market
LONDON (Feb 1): Equity rich homeowners in Central London, who have benefited from strong price growth and low interest rates over the last four years, are moving on up the ladder without the need to s...
(Daily Property News and Updates) - Feb 09, 2012

Suntrack launches signature industrial showrooms in Bangi
CYBERJAYA: Local property developer Suntrack Development Sdn Bhd unveiled its latest commercial and industrial development, Suntrack HUB @ Bangi, here today. Suntrack HUB @ Bangi consists of 42 tripl...
(Daily Property News and Updates) - Feb 09, 2012

PJ Community Celebrates Chinese New Year Early at Jaya One
Petaling Jaya, 2 febuary 2012 – Jaya One, a popular commercial and retail centre in section 13, Petaling Jaya(PJ) recently organized a Chinese New Year celebration for more than 200 members of its lo...
(Daily Property News and Updates) - Feb 09, 2012

Sunway REIT Declared Record High Quarterly Distribution in Second Quarter Financial Year
Kuala Lumpur, 9 February 2012 – Sunway REIT Management Sdn. Bhd., the manager of Sunway Real Estate Investment Trust (“Sunway REIT”), is pleased to announce the second quarter unaudited financial resu...
(Daily Property News and Updates) - Feb 09, 2012

Emkay sees Belum resort as future profit driver
GRIK (PERAK): Emkay Group, controlled by property magnate Tan Sri Mustapha Kamal Abu Bakar, expects its Belum Rainforest Resort (BRR) in Pulau Banding to be a profit churner for the group in the futur...
(Daily Property News and Updates) - Feb 08, 2012

Jeram Bintang puts Faber Tower up for sale
KUALA LUMPUR: Faber Tower, which was built by Faber Group Bhd in 1986, is up for sale for RM80 million to RM90 million, people familiar with the matter said. Jeram Bintang Sdn Bhd, which owns 90 pe...
(Daily Property News and Updates) - Feb 08, 2012

EPF Expects 5.5 Per Cent Profit From Special Funding Scheme
KUALA LUMPUR, Feb 3 (Bernama) -- The Employees Provident Fund (EPF) is expected to gain a 5.5 percent profit from its RM1.5 billion funding of the Special Funding Scheme for eligible tenants to purcha...
(Daily Property News and Updates) - Feb 08, 2012



News sourced from NSTP


'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

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