1y ago
KUALA LUMPUR, Feb 3 (Bernama) -- Sunway Reit Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (Sunway REIT), saw its net profit surging to RM524.75 million for the financial year ended Dec 31, 2024 (FY2024) from RM338.19 million a year earlier.
1y ago
KUALA LUMPUR, Jan 24 (Bernama) -- TH Properties Sdn Bhd signed a memorandum of understanding (MoU) with Affin Bank Bhd to roll out financing solutions to bridge the homeownership gap for young graduates, homebuyers, and property investors.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Gamuda Bhd and London-based real estate investor Castleforge marked the next stage in their £1.2 billion (RM6.6 billion) redevelopment of 75 London Wall in the City of London with a groundbreaking ceremony and the signing of one of London’s largest property development loan in recent years, valued at £500 million (RM2.75 billion).
1y ago
KUALA LUMPUR, Jan 15 (Bernama) -- Higher wages for civil servants and the introduction of a higher minimum wage remained key factors in catalysing demand and raising affordability for properties across the country this year, said Hong Leong Investment Bank Bhd.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Malaysia should start thinking about creating synergy between the state government, private sector and technology, which would allow for much more technology acquisition into the government system, says Deputy Investment, Trade and Industry Minister Liew Chin Tong.
1y ago
GEORGE TOWN, Jan 13 (Bernama) -- Selgate Corp Sdn Bhd, through its healthcare arm, Selgate Healthcare Sdn Bhd, has signed a development and lease agreement with MTT Properties and Development Sdn Bhd to build a private specialist hospital in Balik Pulau, Penang.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- Property prices are expected to rise around three to four per cent this year in the Klang Valley, particularly landed houses in Petaling Jaya, according to real estate services company CBRE WTW Valuation and Advisory Sdn Bhd (CBRE|WTW).
1y ago
By Karina Imran & Mikhail Raj
KUALA LUMPUR, Jan 6 (Bernama) -- Prices of double-storey residential houses in the Klang Valley, especially in Kuala Lumpur (KL) and Petaling Jaya (PJ), are expected to increase by 3.0 per cent to 4.0 per cent this year.
1y ago
KUALA LUMPUR, Jan 4 (Bernama) -- The Malay Chamber of Commerce Malaysia (DPMM) will establish a Malay construction consortium comprising G1 to G7 class contractors to be involved in the development of 20.23 hectares (50 acres) in Bandar Malaysia gazetted as Malay reserved land.
1y ago
GEORGE TOWN, Jan 3 (Bernama) -- Construction of Hunza Properties Bhd's latest flagship development, Senze@PICC, is progressing well, with purchasers expected to receive keys to their homes in 2027.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 31 (Bernama) -- Bursa Malaysia’s benchmark index closed the year with modest gains, rising by 0.28 per cent and bucking the regional downtrend, thanks to strong buying momentum in selected heavyweights.
1y ago
KUALA LUMPUR, Dec 31 (Bernama) -- Bursa Malaysia ended the morning session on a negative note, taking a cue from Wall Street’s weaker overnight performance.