• Penang draws RM48.2bil investments from 2008 to 2014

    Penang Chief Minister Lim Guan Eng said that since the opposition took over, Penang attracted about RM48.2 billion investments from 2008 to 2014, up 93 percent compared to the RM24.9 billion recorded previously from 2001 to 2007, reported The Sun Daily.

    He noted that his administration will ad...


  • E&O to list property unit in London

    Eastern & Oriental Bhd (E&O) plans to list its UK-based property unit on the London Stock Exchange’s Alternative Investment Market (AIM), reported The Star.

    E&O PLC’s proposed public issue would likely raise minimum gross proceeds of £36 million (RM241.5 million), which will be used for proper...


  • Yuan's devaluation to impact on the Johor property market

    KGV International Property Consultants (M) Sdn Bhd director Samuel Tan Wee Cheng said that, it is still ‘too early’ to gauge the effect of yuan devaluation on the property market of Johor, reported The Star.

    “The top range of well-heeled Chinese buyers tend to buy in the United States, Hong Ko...


  • PM unveils National Public Housing Management Corporation (3PAN)

    Prime Minister Datuk Seri Najib Tun Razak last Friday announced the establishment of the National Public Housing Management Corporation (3PAN), which would monitor the construction as well as the maintenance of the People’s Housing Projects (PPR).

    According to Najib, 3PAN will be enforced imme...


  • UEM Sunrise targets to acquire RM500mil sales

    UEM Sunrise Bhd targets to secure RM300 million to RM500 million worth of sales during its Signature Selection campaign, revealed its managing director and chief executive officer Anwar Syahrin Abdul Ajib, reported Bernama.

    The two-month campaign, from 1 September to 31 October, promotes prope...