KUALA LUMPUR: Hillcrest Gardens Sdn Bhd goes green in its shop-office development called The Prime@LDP, with half of the units already sold after its soft launch recently. 

The project is said to be the first large-scale Green Building Index (GBI) certified project in Malaysia and is expected to be officially launched next month.

KUALA LUMPUR (Mar 26): Eco World Development Group Bhd plans to launch property projects with a gross development value (GDV) of about £1.15 billion (approximately RM6.28 billion) in the UK by the end of this year.  

KUALA LUMPUR (Mar 26): Property developer S P Setia Bhd expects sales to be more robust in the second half of 2015, following the implementation of the goods and services tax on April 1.

Datuk Khor Chap Jen, acting president and chief executive officer of S P Setia (fundamental: 1.4; valuation: 1.2), said the GST has caused some uncertainty in the property market.

KUALA LUMPUR (Mar 26): TRC Synergy Bhd has secured a RM53.94 million contract to construct houses in Precint 8, Putrajaya.

In a filing with Bursa Malaysia today, TRC (fundamental: 1.15; valuation: 1.2) said its wholly-owned subsidiary Trans Resources Corp Sdn Bhd had yesterday (March 25) accepted the contract from Putrajaya Homes Sdn Bhd.

KUALA LUMPUR (March 26): MIDF Research has upgraded IGB REIT to “Buy” (from Neutral) with a higher target price of RM1.46 (from RM1.41) and said IGB REIT had the highest dividend growth among peers in FY14 due to good cost control.

Eco World International to build 300-unit residential project in Paramatta, Sydney

KUALA LUMPUR (Mar 25): Property developer MK Land Holdings Bhd has declared a first interim single tier dividend of 1 sen per share for the financial year ending June 30, 2015, to reward its shareholders.

In its filing with the bourse, MK Land (fundamental: 1.6; valuation: 3) said its shares will trade ex-dividend on April 7. The dividend is payable on April 23.

KUALA LUMPUR: Tropicana Corp Bhd has simultaneously launched Tropicana The Residences in Malaysia, Singapore, Taiwan, China, Indonesia, and Hong Kong on Saturday. 

KUALA LUMPUR (March 20): SYF Resources Bhd is mulling the acquisition of seven adjoining pieces of freehold agriculture land in Mukim Rompin, Negeri Sembilan for RM14 million, after it entered into a tenancy agreement with condition to purchase the assets.

KUALA LUMPUR (Mar 20): Eastern & Oriental Bhd (E&O) announced that it is entering into a joint venture with Japan’s Mitsui Fudosan Co Ltd (Mitsui) to jointly develop a 298-unit serviced apartment project on a piece of freehold land in Kuala Lumpur.