KUALA LUMPUR: Property developer Talam Transform Bhd, which saw its joint-venture (JV) agreements with IJM Land Bhd being called off about two months ago, is now seeking new JV partners to jointly develop its land bank in Selangor.

KUALA LUMPUR: SYF Resources Bhd’s unit SYF Development Sdn Bhd will develop a residential project with a gross development value of RM160 million in Sungai Long, Cheras, Selangor.

KUALA LUMPUR: Tower Real Estate Investment Trust (Tower REIT), which is controlled by tycoon Tan Sri Quek Leng Chan, slipped 22.6% in its net profit to RM5.45 million for the second quarter ended June 30, 2014 (2QFY14), compared with the previous corresponding quarter’s net profit of RM7.04 million.

GEORGE TOWN: Penang Development Corp (PDC) has called for request for proposal (RFP) for what seems to be the state’s ninth affordable housing project, to be located on a former marshland and site once gutted by fire.

KUALA LUMPUR: GuocoLand (Malaysia) Bhd, the property arm of Hong Leong Group Malaysia, has in its pipeline several projects  with a total gross development value (GDV) of RM2.5 billion, which will last for three years.

KUALA LUMPUR: Trinity Group Sdn Bhd is planning to launch RM660 million worth of residential projects in the Klang Valley over the next 12 months, said the founder and managing director Datuk Neoh Soo Keat.

The projects will be in Sungai Besi and Mont Kiara, he told reporters yesterday. Both projects are high-rises.

PETALING JAYA: YTL Hotels will be launching Kasara, a new hotel brand in Niseko Village in Hokkaido, Japan in December, according to a press release on Wednesday.