A non-governmental organization (NGO) has condemned the Pakatan Rakyat government for supposedly converting Penang into a developers’ state. The Consumers Association of Subang and Shah Alam (Cassa) which said this maintained Chief Minister Lim Guan Eng had “allowed developers to take control of the state.” Cassa president and legal adviser Jacob George said that the […]
Penang a haven for developers
May 14th, 2012 · No Comments
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Developers Eyeing Former Unilever Plant site In Bangsar
May 13th, 2012 · No Comments
PETALING JAYA: A number of Malaysia property developers are held to have tendered their bids to assume the development of a 8.09ha in Bangsar that previously housed Unilever Malaysia’s soap and margarine manufacturing plant. It has been vacant ever since Unilever Malaysia moved out in 2003. Along with the interested bidders are Mah Sing Group […]
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Gov’t To Double Price Of Houses That Foreigners Are Allowed To Purchase
May 11th, 2012 · No Comments
The Government is contemplating increasing the minimum floor prices of houses that foreigners are foreigners are permitted to buy to RM1mil from the present RM500, 000 in an attempt to direct the growth in property prices, sources said. They claim that said decision was “in the pipeline” and the execution would be made by the […]
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Takaful Malaysia To Make Investments In London Properties
May 9th, 2012 · No Comments
KUALA LUMPUR: Takaful Malaysia Bhd is looking at expanding its investment portfolio by acquiring properties in London this year. Group managing director Datuk Hassan Kamil said the Islamic insurer has RM200 million in its war chest. “We are scouting for commercial buildings or offices within a 30km radius of central London,” Hassan told Business Times […]
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Remarkable Rebound For HK Property Sales, Uncertainty Remain
May 7th, 2012 · No Comments
The residential property market in Hong Kong witnessed a remarkable rebound in sales volume with prices become stable last month. This is based on the March 2012 market review from Knight Frank. Other encouraging factors include the lack of additional regulatory measures in the 2012/2013 Budget and a low interest rate environment, the report further […]
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Renting an Office in Hong Kong
May 3rd, 2012 · No Comments
This is a How-to meant for people who are doing business in Hong Kong and wish to rent an office in Hong Kong, however, has no idea how to proceed. This will help you chose a suitable location, and write an effective rent agreement. 1. Be familiar with the different business districts in Hong Kong […]
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UK envoy: Property sale should be sealed by year-end
April 30th, 2012 · No Comments
KUALA LUMPUR: The British High Commission property along Jalan Ampang will have to be put on the market. Nevertheless, a deal ought to be completed by the end of the year. The the British High Commissioner said. Simon Featherstone said they are still on the hunting for a new office building to move in to. […]
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Real Estate Report – HK Property Market
April 30th, 2012 · No Comments
Prices and demand in Hong Kong’s real estate sector have peaked, specifically in the residential and office sub-sectors. Property analysts are anticipating demand and prices to fall steadily over the next months, thanks in part to the government’s residential price cooling measures.Nonetheless, the country is likely to stay as the world’s most expensive property market […]
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Dream homes remain a dream
April 10th, 2012 · No Comments
For the Malaysia property buyers of Alam Perdana Court in Ijok and Casa Gemilang in Gombak, their dream home is still far from reality. They have laboured for so many years just to resolve issues that confronts the projects. The buyers were surprise that the land subject of development was already marked for agricultural purpose […]
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PNB, Liew now collectively own 78.9pc stake in SP Setia
April 7th, 2012 · No Comments
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) and Tan Sri Liew Kee Sin now jointly own 78.95 per cent of SP Setia Bhd. This is after the compulsory general offer (MGO) for SP Setia by PNB and Liew, as joint offerors, ended on March 19 this year. As a result, SP Setia will appeal to Bursa […]
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