Cyberview, Atilze to build LoRa smart city
News August 28, 2016
BY Roznah Abdul Jabbar Cyberview Sdn Bhd will be collaborating with Atilze Digital Sdn Bhd to build, operate and commercialise a city-wide long range (LoRa) network in Cyberjaya. The partnership strategically positions Cyberjaya as the first smart city in Southeast Asia connected with a city-wide LoRa network. LoRa is... Read more
HCK to venture into thematic projects
News August 28, 2016
BY Roznah Abdul Jabbar HCK Capital Group Bhd is planning to meet buyers’ demand by incorporating themes into its projects to appeal to the rising number of younger affluent buyers. The company’s executive chairman Tan Sri Clement Hii said so far, they have identified three themes for its projects,... Read more
SP Setia records RM1.11b sales in 1H16
News August 28, 2016
BY Roznah Abdul Jabbar SP Setia Bhd secured a sales record of RM1.11 billion for the first half of financial year 2016, the group announced. The group said that the sales secured are largely from Central region with RM856 million, Southern, Northern and Eastern region combined with RM140 million... Read more
China is leading Asian global property investor
News August 26, 2016
BY Chris Prasad The numbers are in, and not surprisingly, China is dominating outbound property investment flows from Asia in 2016. According to research by international property consultant CBRE, in the first half of 2016, outbound investments from China accounted for 60 per cent of total investments, which was... Read more
IJM, Allianz tie-up to offer ‘triple’ protection
News August 26, 2016
Property big-player IJM Land Bhd has joined forces with leading insurer Allianz Malaysia Bhd to offer the first triple insurance protection scheme to home buyers in the country. The scheme, dubbed HomeTIPS, is a three-in-one package that provides term life, personal accident and involuntary unemployment coverage for buyers of... Read more
Slow growth is still growth
Market Watch August 26, 2016
BY Chris Prasad KUALA LUMPUR – A marked downtrend in market activity over the past two years has had a substantial impact on the property sector, but despite the subdued market performance and a noticeable drop in transactions, residential property prices have continued to rise – albeit at... Read more
Five cutting-edge building materials to watch
Green & Tech August 24, 2016
BY Roznah Abdul Jabbar The term cutting-edge does not necessarily just refer to flying cars and self-drying jackets, it can be something that makes our life simpler… but innovatively significant. According to architectmagazine.com, advances in building material technology can completely reshape the way we approach construction in the near... Read more
DBKL to decide on hire-purchase rates for PPR
News August 23, 2016
Kuala Lumpur City Hall (DKL) is determining the rental rates for those who want to obtain People’s Housing Project (PPR) units under the hire-purchase system and without a deposit, said KL Mayor Datuk Seri Mhd Amin Nordin Abd Aziz. The scheme, which was rolled out recently to address... Read more
Penang mulls density guideline changes
News August 22, 2016
While the Penang state government decides on a proposal to raise the current density of 87 units per acre, market stakeholders are already hailing it as a necessary step to accommodate more affordable housing in the state. The Penang property market is one of the priciest in the country, particularly... Read more