News by EdgeProp

S P Setia Bhd celebrated the Raya festive season with some 150 invited guests at an exclusive Raya evening.

The construction of Phase 2 of the Mass Rapid Transit (MRT) project is 99% completed and will be operational by next month as scheduled.

According to a Bloomberg report, subsidised junkets that once flew in prospective buyers to development sites in Johor have dwindled, while some buyers who have put down money for deposits are mulling cancelling their purchases.

Justice Azizah Nawawi also granted a temporary stay on the planned project until the court delivers a decision after hearing the application on full merits.

Cooling measures taken by the Penang government in 2013 have brought down property prices in the state, State Housing, Town and Country Planning Committee chairman Jagdeep Singh said yesterday.

The model would be about leasing such land based on fixed monthly rental.

With a landbank of 5,261ha and potential gross development value (GDV) of RM80 billion, developer UEM Sunrise Bhd remains a strong company, says outgoing chairman Tan Sri Ahmad Tajuddin Ali, Bernama reported today.

TRX, Bandar Malaysia, Datuk Seri Najib Tun Razak, IWH CREC, KL Internet City

KL mayor Datuk Seri Mohd Amin Nordin Abd Aziz said he would conduct a meeting with residents of Taman Rimba before approving the development in accordance with provisions of Rule 5, Development Plan 1970 (Amendment 1994).

Government officials and financial executives familiar with the situation said negotiations with the Dalian Wanda Group to take the main role as master developer is now at an advanced stage and the deal is awaiting approval from the Chinese government's financial regulators, The Straits Times reported.