Property

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Leon Fuat's unit acquiring property in Selangor for RM28m

KUALA LUMPUR (Feb 24): Steel product processor Leon Fuat Bhd's unit Supreme Steelmakers Sdn Bhd is acquiring about one hectare in Balakong Jaya Industrial Area, Selangor, along with the factory, wareh...

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Malaysia’s new cases rise to 3,545 with spike in Negeri Sembilan; 12 more deaths reported

KUALA LUMPUR (Feb 24): Malaysia’s new Covid-19 cases rose to 3,545 today from 2,468 recorded on Tuesday, with Negeri Sembilan reporting the most new infections, while 12 more deaths were recorded to...

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MARC says 2021 investments unlikely to return to pre-pandemic level

KUALA LUMPUR (Feb 24): Malaysian Rating Corp Bhd (MARC), which had recently lowered its 2021 real gross domestic product (GDP) growth projection in Malaysia to 5.6%, said investments in 2021 are unlik...

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Malaysia on track for economic recovery with rollout of vaccination programme — Tengku Zafrul

KUALA LUMPUR (Feb 24): Malaysia's economic recovery plan is on the right track with the National Covid-19 Immunisation Programme that begins today, said Finance Minister Tengku Datuk Seri Zafrul Abdul...

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Highways vital in supporting combat against Covid-19 pandemic - LLM

KUALA LUMPUR (Feb 24): The Malaysian Highway Authority (LLM) will continue to play a role in managing the highway infrastructure well throughout the Covid-19 pandemic which hit the country since last...

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UOA Development reports 68.95% lower 4Q net profit, declares 15 sen dividends

KUALA LUMPUR (Feb 24): UOA Development Bhd's net profit for the fourth quarter ended Dec 31, 2020 (4QFY20) slumped 68.95% to RM34.96 million, from RM112.61 million a year ago, due to lower recognition...

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Sugarbook founder charged with inciting mischief over 'sugar babies' claims

SHAH ALAM (Feb 24): The founder of the Sugarbook application was charged in the Magistrate's Court today with publishing statements conducive to public mischief on social media on Feb 10.

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Sarawak developers want ‘clear and transparent Covid-19 exit plan’

PETALING JAYA (Feb 24): Sarawak Property developers have called on the Federal government to come up with “a clear and transparent exit plan or road map” as the authorities roll out their immunisa...

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Hot weather won’t kill SARS-Cov-2 virus, says virologist

PETALING JAYA (Feb 24): Hot weather may “reduce the survivability” of the SARS-Cov-2 virus that causes the Covid-19 infection but will not kill it, Universiti Sains Malaysia virologist Prof Dr Yah...

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Nor Salwani: I was nominated for Datukship even before I testified against Najib

KUALA LUMPUR (Feb 24): National Audit Department (NAD) director Datuk Nor Salwani Muhammad has denied that she was conferred a datukship solely because of her role in exposing the alleged tampering of...

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Business council hopes Malaysia-Singapore business travel bubble will resume soon

KUALA LUMPUR (Feb 24): The Malaysia-Singapore Business Council (MSBC) is hoping the business travel bubble between the two countries can be reinstated as soon as possible to restore vibrant trade and...

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Healthier economic outlook expected in coming months -- Statistics Dept

KUALA LUMPUR (Feb 24): A healthier economic outlook is anticipated in the coming months based on the latest Malaysia’s Leading Index (LI) performance and the implementation of the National COVI...

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Tiger Woods lucky to be alive after car crash: Police

WASHINGTON (Feb 24): Tiger Woods (pictured) is lucky to be alive after first responders rescued the golfing legend from a grisly wreck in the state of California, reported Anadolu Agency, quoting p...

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‘Hong Kong Super Fans’ catalyses post-Covid-19 promotional efforts - Hong Kong Tourism Board

KUALA LUMPUR (Feb 24): The Hong Kong Tourism Board (HKTB) recently announced its first global fan-engagement programme, ‘Hong Kong Super Fans’, to accelerate promotional efforts as part of the pos...

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Covid-19: Octogenarian shares experience after 24 days in ICU

MELAKA (Feb 24): Octogenarian K (not his real name) from Tanjung Kling here is one of many people of his age who recovered after being infected with the COVID-19 virus in December last year.

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Covid-19: Penang govt to isolate foreign workers' accommodation

GEORGETOWN (Feb 23): The Penang government is in the process of isolating foreign workers with intensive measures being taken to curb the spread of Covid-19 in the state.

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SunCon 4Q net profit marginally lower, declares 2.75 sen dividend

KUALA LUMPUR (Feb 23): Sunway Construction Group Bhd (SunCon)’s net profit came in marginal lower by 4.5% to RM30.2 million for the fourth quarter ended Dec 31, 2020, against RM31.6 million in the p...

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Covid-19: Malaysia logs 2,468 new cases with 14 more deaths, active cases continue to drop

KUALA LUMPUR (Feb 23): Malaysia logged 2,468 new Covid-19 cases today — marking the second consecutive day new cases stayed above the 2,000 mark — with 14 more deaths.

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Penang bridge safe to use despite fire incident - PLUS

GEORGETOWN (Feb 23): PLUS Malaysia Bhd has assured the public that the integrity of the Penang Bridge remains intact and it is safe for use despite yesterday's fire which affected TNB cables located u...

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Land & General swings to profit in 3Q despite falling revenue

KUALA LUMPUR (Feb 23): Land & General Bhd returned to the black in the third quarter ended Dec 31, 2020 (3QFY21) with a net profit of RM7.25 million, compared with a net loss of RM637,000 a year earli...

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Malaysiakini has paid RM500,000 Federal Court fine

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Khairy: Malaysia to receive additional 182,520 doses of Pfizer-BioNTech vaccine on Wednesday

PUTRAJAYA (Feb 23): Malaysia will receive its second batch of 182,520 doses of Pfizer-BioNTech vaccine tomorrow (Feb 24) for distribution to states that have yet to receive the vaccine, said Coordina...

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Govt obtains judgement against 1MDB ex-general counsel Jasmine Loo over RM2.49m in unpaid taxes

KUALA LUMPUR (Feb 23): The Malaysian government through the Inland Revenue Board (IRB) had obtained a judgement in default (JID) at the High Court last week against 1Malaysia Development Bhd's (1MDB) ...

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The long-awaited Genting Skyworlds will open in Q2 this year

PETALING JAYA (Feb 23): Genting Malaysia Bhd's Resorts World Genting (RWG) has invested more than US$800 million (RM3.32 billion) in its 26-acre outdoor theme park - Genting Skyworlds, which is slated...

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Supermax founder Stanley Thai buys luxury US condominium

KUALA LUMPUR (Feb 23): Rubber glove manufacturer Supermax Corp Bhd founder Datuk Seri Stanley Thai Kim Sim and his wife Datin Seri Cheryl Tan Bee Geok has acquired a 3,438-square-foot luxury condomini...

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Banks unlikely to deliver stellar results for 4Q20

KUALA LUMPUR (Feb 23): Higher provisioning is expected to have a weakening effect on Malaysian banks' profitability in the fourth quarter of 2020 (4Q20), due to be released this week, given the need t...

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Cancer survivors are encouraged to take Covid-19 vaccine

KUALA LUMPUR (Feb 23): Cancer survivors and people with disabilities (PwD) have no issues to take the Covid-19 vaccine, said deputy health director-general (Research and Technical Support) Datuk Dr Hi...

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Fake news: Kids not allowed to enter shopping malls?

KUALA LUMPUR (Feb 23): The viral news that has gone viral on social media regarding children aged below 12-year old are not allowed to enter shopping malls and eateries is fake, according to the Quick...

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Who is Stanley Choi, the new substantial shareholder of AirAsia Group?

KUALA LUMPUR (Feb 23): A Hong Kong businessman or more well known as a top poker player has taken a RM114 million bet on AirAsia Group Bhd.

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IOI Properties records higher revenue and operating profit in 6MFY21

PETALING JAYA (Feb 22): IOI Properties Group Bhd's (IOIPG) revenue grew 13% year-on-year (y-o-y) to RM1.3 billion while operating profit was 7% higher to RM511.2 million in the first six months of fin...

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Airlines urged to refund consumers for cancelled flights during Covid-19 pandemic

KUALA LUMPUR (Feb 22): The Malaysian Aviation Commission (Mavcom) has called on all airlines to remit any refunds to consumers affected by flight cancellations due to travel restrictions imposed to cu...

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Selangor aiming to half workplace-linked Covid-19 cases with POIS implementation, says MB

SHAH ALAM (Feb 22): Selangor is targeting a 50% reduction in the rate of Covid-19 infection in the workplace, especially in industrial and manufacturing areas, if the Prevention of Outbreak at Igniti...

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TNB, smart home product unit Maevi aim to play integral role to support govt's digitalisation plan

KUALA LUMPUR (Feb 22): Tenaga Nasional Bhd (TNB) and its smart home product subsidiary Maevi Sdn Bhd aim to play an integral role in supporting the government’s digitalisation plan.

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Federal Court to decide on Thursday on challenge against unnatural sex charge

PUTRAJAYA (Feb 22): The Federal Court will deliver its verdict on Thursday in a constitutional challenge brought by a 35-year-old man on a provision under the Selangor syariah law on sexual intercour...

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Hua Yang helping home buyers to stretch their ringgit

An artist impression of Astetica Residences.

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Cultivating your lawn

There are times when we come across houses with lush gardens and their neatly trimmed lawns.

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MGB to deliver more than 7,000 units with IBS

Lim said the developments are strategically located, with good accessibility to the amenities in its surroundings.

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A breakthrough decision by Apex Court on CCC

Contributed by Chang Kim Loong and YS Ng The Federal Court has, on Jan 19, 2021, ruled, in no uncertain terms, that only one certification should be used for matters of disputes under the housing leg...

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Binastra Land sets new standards by completing projects ahead of schedule

KUALA LUMPUR: The Covid-19 pandemic has brought about numerous waves of Movement Control Order, resulting in many developers being unable to complete their projects on time.

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Port infrastructure, a factor towards the growth of the logistics industry

KUALA LUMPUR: Opportunities for industrial estate in Asia Pacific is rife, and in Malaysia, this is not an exception. The growth of the logistic industry, which was spurred by the Covid-19 pandemic a...

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312,390 doses of Covid-19 vaccine to arrive in first shipment — Khairy

KUALA LUMPUR (Feb 16): A total of 312,390 doses of the Pfizer-BioNTech Covid-19 vaccine will be flown in as the first shipment to Malaysia.

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MyTown forges ahead with expansion plan

KUALA LUMPUR: MyTown Shopping Centre has unveiled plans to expand its offerings with the addition of new tenants besides enhancing the overall infrastructure in the months to come.

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Malaysia No 1 Technology City

An aerial view of the ultrapolis.

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Skim Pajakan Persendirian (PLS): Apa yang perlu diketahui oleh pembeli rumah

Apa sebenarnya yang dijual kepada pembeli hartanah menerusi Skim Pajakan Persendirian (PLS)? Jawapannya adalah sewa atau pajakan jangka panjang, di mana pembeli membayar keseluruhan harga jualan harta...

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Tarikh daftar, kemas kini BPR dilanjutkan sehingga 25 Feb – Tengku Zafrul

BACA : 13 Inisiatif Pakej Bantuan Perlindungan Ekonomi dan Rakyat Malaysia (PERMAI) untuk kurangkan beban rakyat

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Advertorial: Treasuring togetherness during Chinese New Year

KOLs add spice to Sunway Property’s sharing of the Year of the Ox celebration The Chinese New Year has always been seen as a time of bonding since time immemorial.

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Is lockdown a sustainable solution for the Covid-19 pandemic?

The Covid-19 outbreak is a global health crisis.

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Auction property deals in www.EdgeProp.my

The Clover Homes @ Laman Semanggi, Semenyih, Selangor Reserve price: RM313,500 Property type: Double-storey terraced house Tenure: Leasehold Land area (sq ft): 1,765 Built-up (sq ft): 1,170 Bedroom/ba...

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Evolve from physical to virtual

Auctioneers say property auctions have been online years before the Covid-19 outbreak but the pandemic has accelerated the process.

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Foreclosure properties: It’s a buyer’s market

With the Covid-19 pandemic affecting the income source of many property owners, have more assets been placed under the hammer?

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BNM likely to cut OPR by 25 bps at March meeting – Economist

10 February, KUALA LUMPUR – Bank Islam Malaysia Bhd expects Bank Negara Malaysia (BNM) to cut its overnight policy rate (OPR) by 25 basis points (bps) at the upcoming Monetary Policy Meeting sc...

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BNM dijangka akan turunkan lagi kadar faedah – Pakar ekonomi

10 February, KUALA LUMPUR – Bank Islam Malaysia Bhd menjangka Bank Negara Malaysia (BNM) akan mengurangkan kadar dasar semalaman (OPR) sebanyak 25 mata asas (bps) pada Mesyuarat Jawatankuasa Da...

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LBS soft launches its first Scapes Hotel

Catering to both leisure and business travelers, the hotel comes with many facilities.

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CHGP eyes RM3.73bil revenue from property projects

This is in line with the group’s overall strategy to aggressively expand its property development segment, said Chiau.

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OSK Property hooks up with Lazada

The link-bridge to the MRT Taman Suntex station will be connected directly to You City III.

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UEM Sunrise ushers in CNY festive mood

KUALA LUMPUR: Property developer UEM Sunrise Bhd is planning to bring about physically-distanced cheer during the Chinese New Year period with a virtual open house on the company’s website. Users...

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What homebuyers should know about Private Lease Schemes (PLS)

What is being sold to property purchasers through a Private Lease Scheme (PLS)? It is actually a long tenancy or lease, where a buyer pays the entire property sales price upfront.

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A milestone decision finally set

Verdict on collection of booking fees and CCC made By Chang Kim Loong and Wong Renn Xin In a landmark decision on Jan 19, 2021, the Federal Court has delivered its grounds of judgement in respect...

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Investors remain optimistic towards hospitality sector

The recent Malaysian Hospitality Investment Intentions Survey conducted by global property consultant Knight Frank Malaysia reveals positive signs pertaining to the ailing hospitality industry that ha...

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Divining the property landscape post-2020

Year of the ox ushers in a slow but steady come back The coming Chinese New Year marks the end of an inauspicious rat year, with the ox riding in under the backdrop of a deadly global pandemic.

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Where there’s business, there’s real estate

Cooperation strategy mutually benefits landlords and business owners Contributed by Alan Phoon The curtain has drawn a close for the year 2020.

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Contemplating subterranean development

A case study of underground nation building and other related legal matters Emergence of the tunnel-boring machine, marking the completion of underground work on the first tunnel for the MRT Sungai ...

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Bringing celebration to the people

Sunway City Iskandar Puteri livens up the CNY festive The CNY decorations put everyone in a festive mood.

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Glomac launches Dahlia Sari after overwhelming response

An artist impression of Dahlia Sari.

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