Gamuda Land is looking for land in the northern region of Ho Chi Minh City (HCMC) in Vietnam such as in Gò Vâp District and District 12, as well as District 9 in the southeast region, said Gamuda Land HCMC general director Wyeren Yap Vooi Soon.

Gamuda Land, the property arm of Gamuda Bhd is planning to launch the first block of apartments in the Emerald Precinct at its township development Celadon City in Ho Chi Minh City by mid-June.

Shares in Iskandar Waterfront City Bhd (IWCity) rose in active trade this morning after Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan said IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again as long as the offer is right for the Malaysian government.

Abdul Rahman said Prime Minister (PM) Datuk Seri Najib Tun Razak had indicated that the Government was soliciting new bids for the planned Bandar Malaysia project on a 194ha (486 acre/21.17 million sq ft) tract within the old airport site in Sungai Besi here because the land's value had increased.

We have identified four mega rail projects that will be rolled out over the next two to three years. These include the East Coast Rail Link (ECRL), Kuala Lumpur-Singapore High-Speed Rail (HSR), Gemas-Johor Bahru electrified double-tracking (EDT) project and mass rapid transit 3 (MRT3) Circle Line. Collectively, these mega rail projects will have a total cost of RM171 billion.

CIMB Research: At this juncture, we view the failed IWH-CREC deal as negative for the progress of Bandar Malaysia.

Among the key tenants are MBO Cinemas, Tai Thong Restaurant, Jaya Grocer, Mr.DIY, B.bap, Caring Pharmacy, Guardian Pharmacy, Watsons Pharmacy, Poliklinik Shaik with Ooi & Khor Dental Surgery.

Gamuda Land’s Valencia township development and Madge Mansions received a Gold and a Silver award respectively at the recent TheEdgeProperty.com Malaysia’s Best Managed Property Awards on April 3.

Seeing the value of your property nosedive because of poor management could be an investor’s worst nightmare. And in order to avoid such a tragedy, property owners need to know their rights and responsibilities in the management of their properties.

Property owners have to play their part in ensuring that their property manager does a good job and that the property is well-managed.