HB Perspective...
Property News/26 January 2024 Equalbase, which specialises in sustainable commercial and industrial logistics developments in Asia, is investing RM300 million for its first carbon-neutral logistics complex in Valdor, Penang. Valdor I, spanning 4.6 hectares and over 600,000 square feet, will achieve over 50 per cent energy efficiency using Equalbase’s carbon-cured concrete, reducing carbon dioxide...
Courtyard by Marriott Penang opened its doors in 2020 and offers 199 hotel rooms and suites together with hotel facilities. (marriott.com) The disposal was arrived at a willing buyer-willing seller basis and will generate surplus cash of approximately RM80.8 million for Tropicana. EdgeProp January 26, 2024 PETALING JAYA (Jan 26): Tropicana Macalister Avenue (Penang) Sdn Bhd, a wholly-owned...
From left: Datuk Wira M Noor Azman Taib secretary general, Ministry Housing and Local Government; Nga Kor Ming, minister of Housing and Local Government, and TPr. Md Nazri Abdullah, PLANMalaysia deputy director-general (planning) at the launch of the Urban Renewal Implementation Guidelines. (Photo by KPKT Malaysia) The guidelines function as a strategic tool, inviting developers and relevant parties...
MIDF Research said relaxing requirements for the Malaysia My Second Home (MM2H) programme have been viewed positively as this should raise applications and property demand. Bernama January 05, 2024 | Updated 2 days ago KUALA LUMPUR (Jan 5): MIDF Research remains positive on the property sector with improving fundamentals and a lower residential overhang, easing concerns about an...
State housing and environment committee chairman Datuk Seri S.Sundarajoo said Penang has recorded an increase in the supply of affordable houses (RMM) by 154,685 units or 70.31 per cent at various stages from 2008 to December 31 last year. — Picture By Opalyn Mok Wednesday, 03 Jan 2024 9:33 PM MYT GEORGE TOWN, Jan 3 — Penang has recorded an increase in the supply of affordable houses (RMM)...
It saw over 100 million shares traded, indicating investors' avid interest in the company due to its huge land bank in Johor, which is seen as a hotspot for the property sector due to upcoming high-value transit developments such as the Johor-Bahru Singapore Rapid Transit System and the formation of the Johor-Singapore Special Economic Zone (SEZ) in the state. KUALA LUMPUR (Jan 4): UEM Sunrise Bhd,...
The property sector stood out as the second best performing sector on Bursa Malaysia in 2023 as the KL Property Index recorded an impressive return of 34.5% — compared with FBM KLCI’s loss of 2.7% — amid correction of an earlier sector mispricing, sector recovery boosted by transient factors such as stronger earnings from accelerated billings; higher sales as there were more new products...
The project entails the construction and execution of main building works for a 45-storey structure, including a 38-storey serviced apartment block comprising 380 units, a two-storey basement carpark, and a five-storey elevated carpark. Choy Nyen Yiau / theedgemalaysia.com January 03, 2024 KUALA LUMPUR (Jan 3): Kerjaya Prospek Group Bhd has bagged a contract worth RM170.94 million from...
Fiabci Malaysia president Datuk Firdaus Musa said the MM2H programme's expansion to include individuals aged 30 and above, coupled with the exclusive processing through licensed MM2H agents, is viewed as a commendable move towards a more inclusive and efficient application process. KUALA LUMPUR (Dec 22): The comprehensive revision and transformative changes of the Malaysia My Second Home (MM2H)...