KUALA LUMPUR: Raine & Horne International Zaki + Partners Sdn Bhd will be organising a seminar entitled “The Fundamentals of Globalisation and Liberalisation – It’s Impact To The Business and Real Estate Industry”.

KUALA LUMPUR: The most important thing prospective homebuyers should know is that protection from errant developers is not guaranteed, said homebuyers’ rights expert and author of Buying Property from Developers: What you need to know and do Robert Tan.

KUALA LUMPUR: SEG International Bhd (SEGi) will sell two pieces of land in Kuching, Sarawak, to Kenbest Sdn Bhd for cash consideration of RM10.5 million.

In a filing to Bursa Malaysia on Oct 19, the company said the proposed disposal is being undertaken in view of the fair price offered by Kenbest.

GEORGE TOWN: The Penang Turf Club (PTC) is planning to embark on a RM30 million development project to build 25 bungalow units on the fringes of the PTC, which would be rented out when completed to generate income for the club.

PETALING JAYA: The country's property market is set to strengthen in the coming years if the strong comeback in the third quarter (3Q) of 2009 is any indication of its revival, said Minister of Housing and Local Government Datuk Seri Kong Cho Ha.He attributed the nascent market recovery to foreign investments and increased domestic demand, adding futher upside to home prices had been forecast,

PETALING JAYA: Local property developers have called for a lowering of personal income taxes for Budget 2010 to boost the property market. Budget 2010 will be unveiled on Oct 23 by Finance Minister and Prime Minister Datuk Seri Najib Tun Razak.

KUALA LUMPUR: UEM Land Holdings Bhd (ULHB), the master developer of Nusajaya in Johor has yet to sign any agreement to develop a theme park in the area.

“As at to date, UEM Land Bhd, a wholly-owned subsidiary of ULHB, has not signed or entered into any agreement or formal understanding with any party to develop any theme park,” it said in a filing to Bursa Malaysia on Oct 19. 

PETALING JAYA: The government must continue liberalising Malaysia’s economic policies to encourage more foreign direct investment (FDI) which will in turn further boost the property market, said two property industry veterans.

PETALING JAYA: The local property market is set to strengthen and grow in the coming years if the strong comeback in 3Q2009 is any indication of an economic revival, said Minister of Housing and Local Government Datuk Seri Kong Cho Ha.

KUALA LUMPUR: Malaysia’s interest rates are supportive of the country's economic recovery and remain at an appropriate level, Bank Negara Malaysia Governor, Tan Sri Dr Zeti Akhtar Aziz said on Oct 19.

She said any decision on the rates would only be announced after another Monetary Policy Meeting later this month.