ZADC
SP Setia hits RM1.11b in sales for Q1,2018  
FOCUS O MID-RANGE PROPERTIES PAYS OFF FOR DEVELOPMENT GIANT, AS IT REMAINS OPTIMISTIC ABOUT ACHIEVING ITS RM5 BILLION TARGET THIS YEAR With the air of change still thick with euphoria following the election, it is also comforting to know that there is bright news on the “business-as-usual” front. Providing... Read more
Modern businesses keen on Golden Gateway
  A NEW INDUSTRIAL PROJECT IN PENANG DEMONSTRATES HOW SMART, CONVENIENT SOLUTIONS APPEAL TO CONTEMPORARY DEMAND IN A RAPIDLY MODERNISING LANDSCAPE   BY Chris Prasad The ever-expanding influence of online technology in our lives is beginning to have a remarkable impact on we chose to engage with product and... Read more
IKEA’s Toppen Shopping Centre comes to JB
MORE THAN THAT, IT’S GOING TO BE A NOVEL ROOFTOP COMMUNITY HUB, FUSING SCANDINAVIAN COMFORT WITH MALAYSIAN HOSPITALITY BY Zoe Phoon IKEA Southeast Asia – which owns and operates IKEA stores selling well-designed home furnishing products in Singapore, Malaysia and Thailand – has announced the development of Toppen Shopping... Read more
How do wealthy Malaysians stack up?
REPORT: THEY INVEST IN PROPERTY, ARE SANGUINE ABOUT CRYPTOCURRENCIES AND ARE KEEN TO SEND THEIR KIDS ABROAD FOR EDUCATION BY Zoe Phoon Cross-border real estate continues to attract Asian investors with wealthy individuals in Malaysia, Hong Kong and China most likely to buy, according to global property consultancy Knight... Read more
Multiple wins for LBS Bina at Starproperty.my Awards 2018
The recent award haul by LBS Bina Group Bhd at the Starproperty.my Awards is testament that homeseekers place strong value on community-centric features, says the company. This year, LBS Bina’s diverse portfolio of property projects proved worthy of recognition as the Group clinched the Excellence award in the Best... Read more
Addressing evolving industrial needs
GOLDEN GATEWAY UNVEILS RM155m MAIDEN PROJECT, GOLDEN GATEWAY, WITH A FOCUS ON THE CHANGING LANDSCAPE BUSINESS LANDSCAPE IN PENANG’S INDUSTRIAL HOTSPOT Main board-listed Golden Land Berhad made a meaningful mark on the property landscape last weekend with the launch of its maiden project, Golden Gateway, a RM155 million medium... Read more
UDA sets eyes on 4mil acres of Malay reserve land
After years of focusing on the development of idle land in the country, UDA Holdings Bhd now has a vision to develop Malay reserve land across the nation – more than 4 million square feet of it, in fact. According to a recent Benama report, UDA chairman Datuk Seri... Read more
The era of prefab supermarket homes has arrived! 
  REINVENTION OR REGENERATION, THE INTENTION IS TO SOLVE HOUSING SHORTAGE IN BERLIN, LONDON BY Zoe Phoon German budget retailer and grocer Aldi is the latest in Europe to build new supermarket rental flats above its stores in Berlin to address the dearth of housing. The mixed-use real estate... Read more
Market could stabilise in 2018, says MIEA
HEALTHY ECONOMIC GROWTH MIGHT FINALLY PULL PROPERTY SECTOR OUT OF THE RUT THIS YEAR Malaysians can expect the property market to finally stabilise in 2018, says the Malaysian Institute of Real Estate Agents (MIEA). This outlook, it said, was based on the general consensus of active agents engaged in... Read more
Interest rates go up!

Interest rates go up!

News January 25, 2018

BANK NEGARA RAISES OPR ON THE BACK OF ‘STRONG GROWTH MOMENTUM’ At the Monetary Policy Committee (MPC) meeting held today, Bank Negara Malaysia (BNM) decided to increase the Overnight Policy Rate (OPR) by 25 basis points to 3.25%. As such, the floor and ceiling rates of the corridor for... Read more