Concrete out as wooden skyscrapers sprout across the world
Category : O. News
Reuters pic. HONG KONG: For more than a century, countries have raced to build the world’s tallest buildings with concrete and steel. Now, a quiet contest in constructing tall wooden buildings, from Amsterdam to Tokyo, underlines growing environmental concer
Renting houses online will cost you more, experts caution
Category : O. News
Property experts say customers with poor credit ratings will have to pay more expensive rental fees. PETALING JAYA: An industry player has warned that while renting houses through online platforms is gaining in popularity, would-be tenants may find themselves
Slight uptick in property sales but no reprieve for the overcommitted, says expert
Category : O. News
Those who invested in residential property may have to bite the bullet and sell their properties at a much cheaper price, says real estate agent Ernest Cheong. PETALING JAYA: An expert cautions that the worst is not yet over for those struggling to find buyers
Rethink property gains tax, house buyers urge govt
Category : O. News
Exemptions from the property tax are only given for properties priced below RM200,000. (Bernama pic) PETALING JAYA: The federal government has been urged to review its policy on the real property gains tax (RPGT) imposed on the sale of real estate, and to cons
New ‘coliving’ housing option popular in New York
Category : O. News
Quarters US operations head Gil Hirak (right) speaks with a colleague on the roof top of Quarters coliving in New York. (AFP pic) Nandita Iyer landed in New York from Bombay without knowing anyone, but she didn’t want to live alone in a “sketchy st
Insider Moves: Zecon Bhd, LKL International Bhd, Mega Sun City Holdings Bhd, Fitters Diversified Bhd, London Biscuits Bhd
Category : O. News
Notable filings ON July 18, little-known Digital Network Sdn Bhd re-emerged as a substantial shareholder of construction, property development and hospital maintenance company Zecon Bhd, after subscribing for 14.69 million shares through the company’s privat
Off-Market Trades: MMAG Holdings, Utusan Melayu (M), Eastern & Oriental, Kerjaya Prospek Group, Sime Darby Holdings
Category : O. News
NOTABLE off-market trades in the period under review include a block of 34.5 million MMAG Holdings shares sold for 30 sen apiece in the final trading hour on July 23. The RM10.35 million paid for the 4.96% stake is a 20% premium to the stock’s value on the o
Outlook: Stay invested but be cautious
Category : O. News
Headlines on the rocky progress made in the trade negotiations between the US and China have often rocked financial markets. This has made many investors anxious and even tempted to take their investments off the table. But this is no reason to be all out bear
Insider Moves: Borneo Oil Bhd, Hubline Bhd, Nationwide Express Holdings Bhd, Prinsiptek Corp Bhd, Utusan Melayu (M) Bhd, Sern Kou Resources Bhd
Category : O. News
Notable filings BETWEEN July 22 and 26, notable changes in shareholding included that at Borneo Oil Bhd, where Datuk Freddy Lim Nyuk Sang acquired 55.56 million shares off market. Filings with Bursa Malaysia showed that the acquisition bumped Lim’s sharehold