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Business 07 Nov 2015 | 12:00 AM

Tycoon land sales raise questions

A few tycoons are selling large swathes of their land in Malaysia, either directly or through companies they control. Could this be a sign of the times, in the sense that these businessmen are looking to cash out of an asset class that is set for a prolonged downturn?

Business 03 Nov 2008 | 12:00 AM

Taxing land transactions

THE suspension of the Real Property Gains Tax means capital profits from the sale of land are now generally tax-free.

Property 15 May 2017 | 12:00 AM

Shot in the arm for MK Land

PETALING JAYA: Just as investors were getting more downbeat on the prospects of MK Land Holdings Bhd due to expectations of weaker earnings in the absence of meaningful new launches, “a shot in the arm of sorts” has come in the form of a land sale by the company.

Business 29 Mar 2013 | 12:00 AM

MK Land to sell RM200mil to RM300mil worth of land

PETALING JAYA: Property developer MK Land Holdings Bhd is planning to sell some RM200mil to RM300mil worth of land in Perak and the Klang Valley before the end of its June 30, 2013 financial year to pare down debts and for working capital purposes, said group chief executive officer Lau Shu Chuan.

Business 02 Apr 2019 | 12:00 AM

RM1bil land sale by Sime Darby

PETALING JAYA: Sime Darby Plantation Bhd (SDP) is looking to dispose of over 4,300 acres of freehold estate land in Peninsular Malaysia that is estimated to bring in proceeds of more than RM1bil if it is able to get the price it seeks.

Auto 11 Jan 2017 | 12:00 AM

Kontena Nasional to sell PJ land

PETALING JAYA: Kontena Nasional Bhd, a one-stop logistics solutions provider, is disposing of two plots of leasehold land in Bandar Sunway, Petaling Jaya, with the tender already receiving interest from well-known property developers.

Property 05 Aug 2014 | 12:00 AM

Gamuda to buy Salak Land for RM784mil

PETALING JAYA: In a bid to expand its land-bank, Gamuda Bhd has proposed to fork out RM784mil in cash to acquire a company that owns a 619ha leasehold agricultural tract.

Business 23 Jul 2013 | 12:00 AM

Buy call on IJM Land kept

RHB Research: WE maintain our ‘buy’ call on IJM Land, but with a higher RM3.55 fair value. IJM Land has raised its stake in the Pantai Sentral Park project to 70%, from 40%, with a proportionately higher capital outlay.

Business 25 Apr 2013 | 12:00 AM

Tycoon Robert Kuok's record payment for land in Johor is talk of the town in M'sia-S'pore

PETALING JAYA: The price that tycoon Robert Kuok(pic) is paying for a piece of 5.06ha freehold land in Puteri Harbour, Johor, has become the talk of the town and even across the causeway, where the Singaporean media is hailing it as the “new price benchmark” in Nusajaya.

Business 25 Apr 2013 | 9:14 AM

Kuok's Johor land buy is talk of the town in M'sia-S'pore

PETALING JAYA: The price that tycoon Robert Kuok is paying for a piece of 5.06ha freehold land in Puteri Harbour, Johor, has become the talk of the town and even across the causeway, where the Singaporean media is hailing it as the “new price benchmark” in Nusajaya.