ZADC
Technology driving the future of property management
TECH DISRUPTION TAKES CENTRE STAGE AT MIPPM CONFERENCE THIS YEAR The Malaysian Institute of Professional Property Managers (MIPPM) recently held their second annual conference entitled “PropTech: Driving the future of Property Management 2017”, which was held at Connexion@Nexus in Bangsar South, Kuala Lumpur. As the theme of the event... Read more
PEPS: We’re not blaming developers
OVERHANG ISSUE IS A COMPLEX PROBLEM THAT REQUIRES ATTENTION FROM NUMEROUS STAKEHOLDERS IN THE PROPERTY INDUSTRY BY Chris Prasad The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) has clarified that an earlier press statement by the body was not intended... Read more
Double joy for SP SETIA at MPA 2017
  There was double success for SP Setia at the recent Malaysia Property Award 2017, with two awards going their way – the Affordable Housing award and the much-coveted Master Plan Gold award. Organised by FIABCI-Malaysia, the glitzy award gala ceremony offers recognition to outstanding Malaysian developers and their... Read more
Country View buys 164 acres from UEM Sunrise
PRIME LAND IN JOHOR SOLD AT RM310mil, TRANSLATING TO RM43.42psf Bandar Nusajaya Development Sdn Bhd, a wholly-owned subsidiary of UEM Sunrise Bhd, has signed a deal to sell 163.9 acres of land at Iskandar Puteri in Johor for RM310 million to Country View Resources Sdn Bhd (CVR). The deal... Read more
GuocoLand on the hunt for land
AFTER A LYING LOW FOR A SPELL, COMPANY NOW LOOKING TO REASSERT ITSELF IN THE MARKET GuocoLand (M) Bhd has made it clear that it is looking to beef up its landbank and boost its profile considerably over the next five years. The property arm of Hong Leong Group,... Read more
GreenAcres heralds a new age for retirement options
MODERN, FACILITY-RICH VILLAGE TO SET NEW BENCHMARK AND BREAK OLD STIGMAS BY Chris Prasad For too long, our long-held Asian stigmas about duty, filial piety and social impressions have hampered the evolution of the retirement home concept in Malaysia. Yet rapid urbanisation, population growth, congested city living and diminishing... Read more
Eco Sanctuary wins at Singapore Property Award 2017
Premier Malaysian developer SP Setia picked up a prestigious accolade from Singapore Property Award 2017 for its Eco Sanctuary project, which was awarded in the “Sustainable Development” category. Held last week, the Singapore Property Award 2017 is organised by FIABCI Singapore, the local chapter of the renowned international real... Read more
PRG, SPNB in Ipoh affordable housing tie-up
Investment holdings group PRG Holdings Sdn Bhd (PRGH) is poised to embark on its first affordable housing development in Ipoh, Perak, with the help Syarikat Perumahan Negara Bhd (SPNB) following the acquisition of land parcels within the state. Recently, the group’s wholly-owned subsidiary Premier Construction Sdn Bhd (PCSB) entered... Read more
RapidFerry service for Penang launching next month
Leading transportation company Prasarana Malaysia Bhd plans to officially unveil its Penang ferry service in November, taking over the existing service through an ownership transfer process. President and group chief executive officer of Prasarana, Datuk Seri Azmi Abdul Aziz, the takeover process is expected to be completed soon and... Read more
250,000 PR1MA units approved
Despite some measure of criticism thrown in its direction, PR1MA Corp Malaysia announced that as at September 2017, more than 259,880 units under the 1Malaysia People’s Housing (PR1MA) programme have been approved for construction nationwide. Of these, 141,661 units are currently in various stages of development, said PR1MA Corp... Read more