news

EcoWorld eyes more Batu Kawan land

Eco World Development Bhd (EcoWorld) is acquiring a 300-acre leasehold parcel in Mukim 13, Seberang Perai, owned by Batu Kawan Development Sdn Bhd (formerly Abad Naluri Sdn Bhd).

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Jet Set with Setia winners travel to China

S P Setia Group's Jet Set with Setia campaign has helped two lucky winners, Tai Yu Jen and Tang Lih Pin to fulfil one of their longstanding wishes -- bringing their fathers for a relaxing trip to China.

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indepth

Stagnant market in Penang keeps price growth minimal in 3Q

Only standard three-bedroom flats with sizes of 700 to 750 sq ft in Green Lane appreciated by 11.7% to RM380,000 from RM340,000, while average prices of standard three-bedroom apartments/condominiums (excluding luxury types) of over 900 sq ft in Island Park/Glades inched up 2.1% to RM480,000, from RM470,000 in 3Q2014.

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MREITs may acquire more assets this year

Malaysian REIT Managers Association chairman Datuk Stewart LaBrooy notes that MREITs may have the opportunity to buy properties from companies seeking to monetise their assets to recapitalise their balance sheets given the economic slowdown.

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indepth

Sunway Bhd: Bigger, stronger and wiser

Sunway Bhd has retained its top spot in the overall ranking of The Edge Malaysia Top Property Developers Awards for the second year running. It also takes the sub award for Best in Qualitative Attributes again.

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