News by M

PRG Holdings Bhd, whose share price hit an all-time high of RM1.07 on June 7, is exploring joint venture (JV) opportunities with Syarikat Perumahan Negara Bhd (SPNB) on affordable housing projects nationwide with combined gross development value (GDV) of RM5 billion.

Reserve price of the MPCorp asset is set at RM255 mil, says source.

The property developer has landbank lasting nine years but wants more

Introduced two years ago, the 6.56-acre project has a gross development value of RM162 million and will comprise 204 luxury serviced apartment units in two 20-storey towers and 58 units of landed strata homes.

Joining the ranks of other sought-after properties in Sri Hartamas is Dorsett Residences, a prestigious high-rise development by Mayland Universal Sdn Bhd (a wholly-owned subsidiary of Malaysia Land Properties Sdn Bhd) with a total development value of over RM600 million.

United Malayan Land Bhd will be launching its first hotel-branded residence Citadines Medini by September, and purchasers will be offered a buy-and-leaseback option.

Cantara Residences is a high-rise development that brings contemporary living to elevated heights and features an iconic Sky Bridge that connects all four residential towers. 

Pasukhas Group Bhd has teamed up with Yayasan Veteran Angkatan Tentera Malaysia to jointly develop a 1.27-acre piece of state leasehold land here into a commercial development, comprising office towers.

Hong Kong’s residential prices have gone up 75.9% compared to the market peak in 1997.

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.