28.3 C
Saturday, April 13, 2019

Affordability the issue, not access to home financing, says Bank Negara

KUALA LUMPUR (JULY 18): Some RM40 billion housing loans were approved to more than 152,000 borrowers in the first five months of this year, and eligible homebuyers will continue...

Cyberjaya a model for Smart City developments nationwide

Projects, investments and funds committed towards accelerating Cyberjaya’s transformation into a Global Tech Hub, as city marks 20th Anniversary Cyberjaya 31st May 2017 - 11 major announcements, including the establishment...

Portion of building under construction collapses, three injured

KUALA LUMPUR: Three foreign workers were injured when part of an under-construction building along Jalan Kia Peng collapsed this evening. The victims were working at the site when a portion...

China’s Wanda in talks to develop Bandar Malaysia project

A company controlled by China's richest man has emerged as the front runner to lead the development of the Bandar Malaysia township, following the surprise move by Malaysia last...

PNB to merge SP Setia, I&P Group, to form M’sia largest property group

KUALA LUMPUR: Permodalan Nasional Bhd (PNB) is merging two of its biggest property companies in a move to extract value from its portfolio of companies, and also to create...

Village Grocer buys B.I.G.

PETALING JAYA (April 13): Village Grocer Holdings Sdn Bhd (VGH), the owner of premium supermarket chain Village Grocer has acquired a 100% stake in Ben’s Independent Grocer Sdn Bhd...

Young and jobless

PETALING JAYA: The youth unemployment rate in Malaysia has reached more than three times the national unemployment rate of 3.1%, due to the slower growth in hiring, according to...

How China’s overseas property dream turned into a nightmare

Middle-class mainlander Laura Zhang found the idea of owning a home overseas irresistible after being bombarded by commercials for an affordable project “near Singapore”. The Forest City project in the...

Country Garden halts Malaysian housing sales to stem capital flight

Chinese developer Country Garden Holdings has closed all sales centres in mainland China for its flagship Malaysian housing project amid Beijing’s intensified crackdown on capital flight. On Thursday, the South...

Bandar Malaysia set to take shape, with initial $3.2b funding

Malaysia is set to break ground on its largest real estate development, the multibillion-dollar Bandar Malaysia project that will showcase the country's growing economic ties with China. Businessman Lim Kang...

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