Incentives for developers that adopt ‘build and sell’ approach, says Nga
The government will offer incentives to property developers that adopt the ‘build and sell’ policy, with the aim of eliminating abandoned projects by 2030.
The government will offer incentives to property developers that adopt the ‘build and sell’ policy, with the aim of eliminating abandoned projects by 2030.
Country Heights Holdings Bhd (KL:CHHB) said its unit, Golden Horse Palace Bhd (GHPB)—operator of the Palace of the Golden Horses—is facing a winding-up petition from Fujifilm Business Innovation Asia Pacific over an unpaid debt.
Sime Darby Property Bhd (KL:SIMEPROP) said the Real Estate and Housing Developers' Association (Rehda) is still in talks with authorities on the expansion of the sales and service tax that raised costs for developers.
Penang’s residential landscape is evolving steadily, with notable differences between the island and the mainland in terms of market dynamics and housing trends.
S P Setia Bhd will host a preview of its upcoming phase called the Starter Homes Collection at Setia Alamsari, Kajang on Saturday, Aug 23 (Saturday) from 12pm to 5pm.
Blossom Suites is a 42-storey mixed development by Kobay Development Sdn. Bhd., located along Jalan Tanjung Bungah in Penang.
Censof Holdings Bhd (KL:CENSOF) has secured a RM12.4 million contract from the Ministry of Housing and Local Government to develop a one-stop centre licensing system for local authorities.
Metro Healthcare Bhd (KL: METRO), which specialises in fertility, obstetrics and gynaecology services, has cancelled its planned RM9.5 million purchase of a four-storey shopoffice in Subang Jaya, Selangor.
The 80% consent threshold proposed under the Urban Renewal Bill 2025 is among the highest in the world and complies with international best practice standards, serving as a prerequisite for initiating negotiations among property owners, according to the Housing and Local Government Ministry (KPKT).
Noteworthy:
When: April 2025