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News release

Local property market disrupted by Covid-19

In the first quarter of 2020, the Covid-19 pandemic continues to bring much uncertainty and more challenges in the property market. The partial lockdown which started in the middle of March has contributed to a decline in the number of home seekers and sellers. Property listings have also narrowed. During the various ...

Targeted moratorium for three months-Prime Minister

Prime Minister, Tan Sri Muhyiddin Yassin has announced that the government will run a targeted moratorium for three months only for those who lost their jobs this year and are yet to find a new job due to Covid-19 pandemic. In a live broadcast on television, Muhyiddin said those affected ...

Lbs Confident To Launch Projects Worth RM3 Billion In The Next 9 Months

Petaling Jaya, 27 July 2020 – LBS Bina Group Berhad (LBS) plans to launch properties with a combined estimated Gross Development Value (GDV) of RM3 billion in the next 9 months. New projects or phases in the pipeline includes KITA Sejati, KITA Mekar in KITA @ Cybersouth, Dengkil, Ritma Perdana ...

Mah Sing launches M Adora with GDV of RM378 million

KUALA LUMPUR: Mah Sing Group Berhad (Mah Sing) has officially launched its new development project, M Adora with an estimated gross development value of approximately RM378 million. M Adora which sits on 4.5 acres of land located in Wangsa Melawati is a fully residential low-density condominium with only 677 units in ...

Home seekers keen on property purchase post-MCO, survey shows

The number of home seekers post-movement control order (MCO) announcement increased to 45 per cent, according to a recent survey. The survey revealed that 24 per cent of the respondents who were not looking to buy a property before the MCO are now looking to purchase after the MCO announcement. “A majority ...

NCT Group, Huawei signs MoU to cooperate smart campus technology

KUALA LUMPUR: Property developer, NCT Group of Companies (NCT Group) and Information and Communications Technology Solution Provider (Huawei Technologies Malaysia Sdn Bhd) has signed a memorandum of understanding (MoU) to cooperate on smart campus technology for NCT’s property development projects. Dato’ Sri Yap Ngan Choy of NCT Group and David Li ...

Covid-19: Extend loan moratorium period for property sector in Malaysia, says entrepreneur

KUALA LUMPUR, June 29 — The loan moratorium for the property sector should be extended for another six months by the government in order to provide a clearer picture for the people to re-adjust their financial commitments or financial lifestyle, said property entrepreneur Datuk Seri Vincent Tiew. He said against the ...

LBS’ Future Landbank Is Rm33 Billion Gdv Strong

Petaling Jaya, 30 June 2020 – As at 31 May 2020, LBS Bina Group Berhad (LBS)owns future landbank with gross development value (GDV) of RM33 billion. This land bank is projected to keep the company busy for 10 to 15 years. Moreover, with a total unbilled sales registering at RM1.805 ...

More property owners want to sell now.

PETALING JAYA: Property agents say they are receiving more inquiries from house owners keen on selling off their property because of cheaper loans to buyers and an exemption on property tax for sellers. Lim Boon Ping, president of the Malaysian Institute of Real Estate Agents, said the government had provided incentives ...

UEM Sunrise collaborates with Projek57 in the #UnityIsMyHappy program to bring cheer to frontliners in Kuala Lumpur and Iskandar Puteri to uplift the Hari Raya spirit

KUALA LUMPUR, 30 May 2020 – As the nation continues its fight against the Covid-19 pandemic, UEM Sunrise Berhad (“UEM Sunrise” or the “Company”), one of Malaysia’s leading property developers embarked on a corporate social responsibility effort together with local social enterprise, Projek57, to distribute treats and goodies to the ...