JOHOR BAHARU, Jan 3 — The move by the state government to acquire a stake in Bandar Malaysia Sdn Bhd is expected to generate profits that will be used towards enhancing the well-being of the rakyat.
Johor Menteri Besar Datuk Seri Mohamed Khaled Nordin said entering the shares acquisition tender as a bidder and subsequently won it represented an opportunity for Johor.
To read the full article, please visit Bandar Malaysia Stake Buy To Generate Returns To People Of Johor
WMA Property is a platform that focus on property market/news in Malaysia, property investment guide and provide the property investment education in Malaysia.
KUALA LUMPUR: With the conclusion of its debt rationalisation plan, 1Malaysia Development Bhd (1MDB) can now heave a sigh of relief as it waits for the measures to take effect.
With an initial debt amounting to RM42 billion, 1MDB began its six-month debt rationalisation plan in June last year which was expected to conclude by yesterday.
To read the full article, you can visit 1MDB Assets To Be Standalone Entities
WMA Property is a platform that focus on property market/news in Malaysia, property investment guide and provide the property investment education in Malaysia.
The stunning Cotswolds property created by model and designer Jade Jagger is now on the market for the sum of £1.25million! Complete with chic white walls and white resin floors, this house is perfect for anyone who wants to live and breathe Jade’s effortless style.
Built in 2008 as part of a new series of homes in a development which overlooks a disused quarry, the house has bags of style and stunning views of the surrounding Cotswolds countryside. The four bedroomed home has a light and spacious feel to the interior, with ceiling height windows which provide the rooms with an endless supply of light.
To read the full article, please visit Live Like The Like Rich And Famous In Jade Jagger’s Former Home
WMA Property is a platform that focus on property market/news in Malaysia, property investment guide and provide the property investment education in Malaysia.
SINGAPORE: The property market is poised for further slides this year, with weak economic growth and rising interest rates likely to drag prices south.
National Development (MND) Minister Lawrence Wong said recently it was too early to talk about unwinding cooling measures and suggested these steps would dampen demand.
To read the full article, please visit S’pore Home Prices Downtrend
WMA Property is a platform that focus on property market/news in Malaysia, property investment guide and provide the property investment education in Malaysia.
PETALING JAYA: The whopping RM7.41bil price tag for the sale of 1Malaysia Development Bhd’s (1MDB) 60% stake in Bandar Malaysia is considered reasonable, based on the valuation of surrounding plots of land within the vicinity.
In a research report, UOB Kay Hian Malaysia Research said the price paid by the purchasing consortium was “fair” given the asking prices for land in the surrounding and more developed areas ranged between RM350 per sq ft and RM650 per sq ft, particularly within the Taman Desa and Seputeh areas.
To read the full article, please visit 1MDB Stake Sale Price ‘Reasonable’
WMA Property is a platform that focus on property market/news in Malaysia, property investment guide and provide the property investment education in Malaysia.
The overall 2015 price fall of 3.7 percent is the lowest decline for private home prices for more than two years, revealed PropNex Realty citing latest flash estimates of the Urban Redevelopment Authority (URA) price index.
However, this still reflects the current languid market sentiment and the sustained impact of the cooling measures, noted the property firm.
To read the full article, please visit Grim 2016 For Private Housing Market
WMA Property is a platform that focus on property market/news in Malaysia, property investment guide and provide the property investment education in Malaysia.
KUALA LUMPUR, Jan 4 — Ikhmas Jaya Group Bhd’s unit, Ikhmas Jaya Sdn Bhd, has bagged an award worth RM166.4 million from Star Effort Sdn Bhd to develop two blocks of suite service apartments in Kuala Lumpur.
To read the full article, please visit Ikhmas Jaya Group Bhd Bags RM166.4 Mil Suite Service Apartment Project
WMA Property is a platform that focus on property market/news in Malaysia, property investment guide and provide the property investment education in Malaysia.
