TWO-AND-A-HALF YEARS after news that a prime parcel within Bukit Bintang, Kuala Lumpur, had been acquired via tender for the Harrods Hotel project, the land has yet to be transferred and remains in the name of the Federal Lands Commissioner.

KUALA LUMPUR: Kenanga Investment Bank Bhd has issued seven new European style cash-settled call warrants over the ordinary shares of AirAsia Bhd (fundamental:1.30; valuation: 1.80), Hartalega Holdings Bhd (fundamental:3; valuation: 0.3), IJM Corp Bhd (fundamental:1.6; valuation: 2.4), Karex Bhd (fundamental:2.55; valuation: 0.3), Scientex Bhd (fundamental:1.7; valuation: 2.4), SP Setia Bhd (fun

KUALA LUMPUR (Jan 30): Ipoh-based property developer Hua Yang Bhd has acquired 8.09 acres of leasehold land located along the Middle Ring Road 2 (MRR2), to build a high-rise mixed development project, with an estimated gross development value (GDV) of RM800 million.

KUALA LUMPUR (Jan 30): KSL Holdings Bhd (KSL) has started its land banking exercise for the year, by purchasing 297.2 acres of freehold agricultural land in Batu Pahat, Johor, for RM90.62 million.

KUALA LUMPUR (Jan 30): Saujana Triangle Sdn Bhd — a wholly-owned unit of MK Land Holdings Bhd (MK Land), and Mammoth Empire Land Sdn Bhd, will jointly develop a mixed development project on a 11.78 acres plot in Damansara Perdana, Selangor.

KUALA LUMPUR (Jan 30): UDA Holdings Bhd (UDA), Eco World Development Group Bhd (EcoWorld) and the Employees Provident Fund Board (EPF) will seal a tripartite agreement to jointly develop the RM8 billion Bukit Bintang City Centre (BBCC) project on Wednesday, Feb 4, a press invite issued jointly by the three parties revealed.

KUALA LUMPUR: Tan & Tan Developments Bhd, a subsidiary of IGB Corp Bhd, launched the RM62 million Damai Residence on Tuesday.

SHAH ALAM: To promote consistent development and ensure uniformity across all Perumahan Rakyat 1Malaysia (PR1MA) housing projects, PR1MA officially launched the PR1MA Building Information Modelling (BIM) Guide at its PR1MA BIM Townhall meeting on Tuesday.

KUALA LUMPUR: The Malaysian housing affordability has worsened to 3.6 times in 2014, according to Rahim & Co Chartered Surveyors executive chairman Tan Sri Abdul Rahim Abdul Rahman, in presenting the Rahim & Co Research — Property Market Review 2014/2015 yesterday.

SEPANG: Glomac Bhd has launched the RM130 million first phase of its fifth township in Sepang, called Saujana KLIA, which will mainly consist of affordable homes.