Bolton to buy Gombak landBolton Bhd’s wholly-owned subsidiary Ketapang Realty Sdn Bhd has entered into a sale and purchase agreement with LP Heights Sdn Bhd to acquire 22.98 acres of leasehold land in Gombak, Selangor, for RM72 million.The tract, located in the Ukay Perdana /Ulu Kelang area, comes with a development order for 184 residential units, comprising 36 semi-detached houses, 88 terrace

Berjaya Land ends Korean JVBerjaya Land Bhd’s proposed joint venture with South Korea’s Jeju Free International City Development Center (JDC) to build a Themed Village project has lapsed, according to a June 22 filing with Bursa Malaysia.Berjaya said that it had decided to focus on its current joint-venture development project in Jeju with JDC.

SEREMBAN: The Real Estate and Housing Developers' Association Malaysia (Rehda), Negri Sembilan branch, will hold Malaysia Property Expo (Mapex) 2010 over three days from April 23 at the Seremban Parade complex here.

REHDA Negeri Sembilan chairman Datuk Soam Heng Choon said the event had gained the support and participation of 18 developers.

KUALA LUMPUR: Demand for real estate in Malaysia is expected to improve this year as consumer sentiment recovers amid an improving broader landscape.

Real Estate and Housing Developers’ Association Malaysia (Rehda) deputy president Datuk Michael Yam said demand for properties was slow in the first half of 2009 as consumer confidence was battered by weaker economic conditions  then.

KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (Rehda) is planning to introduce a Home Completion Guarantee Scheme.

Its president Datuk Ng Seing Liong said the scheme would eliminate the possibility of projects being abandoned as Rehda would step in to complete the project should any problem arise.

KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (Rehda) and the Master Builders Association Malaysia (MBAM) will be mass importing steel from neighbouring countries as local steel prices have risen by 10%.

KUALA LUMPUR: The Green Solutions Property Conference 2010, touted as Malaysia's first carbon-neutral real estate conference, will bring together developers and industry professionals, namely architects, project managers, green technology inventors and taxation officers, to share their views on the implications of the green movement.

KOTA BARU: Prizes worth RM90,000 await winners of the Rehda Cup Golf Tournament at the Kelantan Desa Golf and Country Club here on Saturday (March 13).

Organising committee chairman Datuk Samsuri Awang Mat said they included two

Perodua cars, a Myvi and a Viva, worth about RM80,000 for a hole-in-one.

PETALING JAYA: The Real Estate and Housing Developers’ Association (Rehda) is concerned that the call for compulsory provision of broadband facilities at all new commercial and residential areas may be punitive to developers.

KOTA BARU: The Kelantan Real Estate and Housing Developers Association (Rehda) has urged the state government to shorten the land approval process from six months presently.

Its chairman Sekarnor Che Omar said the government's delay in issuing land approvals had caused developers much concern as it affected construction cost.