PETALING JAYA: LBS Bina Group Berhad (“LBS” or the “Group”) seeks to maintain their remarkable performance in 2022 by raising their property sales target to RM2.09 billion in 2023. LBS closed off 2022 with RM2.0 billion in property sales, surpassing their 2022 property sales target of RM1.6 billion by 25%.

NEW YORK: Higher borrowing costs are leading to fewer US home sales, but prices are staying elevated in a holdover from the torrid peak-pandemic market.

Kota Kinabalu: The Standard Chartered Bank here moved its operation to Shell Plaza, effective last month.

PETALING JAYA: KTC Arkz Group Sdn Bhd, a niche property-based group, aims to use cloud technology (tech) for its “smart-cities” high-rise development projects to meet the rising demand for modern technological applications.

PETALING JAYA: The demand for residential property remains resilient and the pent-up demand will result in improving sales in the first to the third quarter of 2023 in the segment, said property consultancy Savills Malaysia.

PETALING JAYA: Johor-based building contractor Haily Group BHd has won a contract worth RM52.3 million to build 283 landed homes at Mah Sing’s integrated township in the Eastern Gateway of Iskandar, Johor.

Kota Kinabalu: More than half of the Malaysian population or 52.5 per cent are between 10 and 40 year olds, growing up in an era of negative climate change effects.

Kota Kinabalu: PropertyGuru foresees several trends that will impact the Malaysian property sector in 2023. Among them include: - Environmental concerns will affect homebuyers’ preferences: More Malaysians are now concerned following the flood disaster as the late 2021 and early 2022 floods resulted in losses and damage of up to RM6.1 billion.

PETALING JAYA: The remaining Kampung Sungai Baru residents who have been told to leave to make way for redevelopment in the Malay enclave should be given six months to find new homes, Titiwangsa MP Johari Ghani said.

PETALING JAYA: Malaysia’s industrial property sub-sector is expected to extend its strong sales momentum into 2023 after gaining traction in 2022, especially after the reopening of international borders in April 2022, says Maybank Investment Bank Bhd (Maybank IB).