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Hilton Petaling Jaya undergoing makeover

THE iconic Hilton Petaling Jaya — the longest managed Hilton property in Malaysia — is a popular landmark to most Klang Valley folks, thanks to its strategic location along Jalan Barat and beside the busy Federal Highway. The hotel recently underwent a major RM50 million refurbishment.

Turning concept into reality

NOT one to rest on its laurels, property giant Sime Darby Property Bhd (SDP) recently introduced the much-anticipated City of Elmina ahead of its official launch next June. The 5,000-acre City of Elmina is a regional grouping of townships.

I&P’s Eight Kinrara serviced apartments 71% taken up

KUALA LUMPUR: I&P Group Sdn Bhd, a wholly-owned subsidiary of Permodalan Nasional Bhd, achieved a take-up of 71% for its latest serviced residence within its Eight Kinrara development, also known as phase 4D6C in Bandar Kinrara. Sales were concluded via balloting during an official launch on July 6.

Tender reaps RM50m for Mulpha’s Leisure Farm bungalow lots

KUALA LUMPUR: Mulpha International Bhd received RM50 million for 10 pre-selected bungalow lots at its Leisure Farm development in Johor via a tender process. The reserve price ranged from RM2.03 million to RM6.93 million or RM115 to RM150 psf.

IOI Properties moves to next level

We usually launch our projects after construction starts. It gives buyers some confidence when they know we are able to build up to this point." - Teh

UMLand to launch RM452m Suasana in Johor Baru

PETALING JAYA: United Malayan Land Bhd (UMLand) will be launching a residential component in its RM452 million mixed use project, Suasana, in Johor Baru at end-August. Upon completion, Suasana will house a four-star international brand hotel, a tower consisting of serviced apartments and a retail podium.

First phase of LakeClub ParkHome fully sold

PETALING JAYA: The first phase of DA Land Sdn Bhd’s maiden development, the 75-acre (30ha) LakeClub ParkHome residential project in Rawang, Selangor, is fully sold out since its soft launch last December. A total of 222 units of two- and 2½-storey terraced homes were offered in the first phase, covering 24 acres.

Tambun Indah unfazed by property market jitters

HAVING been around since the mid-1990s, Penang-based property developer Tambun Indah Land Bhd is not new to uncertainty in the market.It remains confident of achieving annual sales of between RM400 million and RM500 million for FY2013 and FY2014 ending Dec 31, on the back of new launches and ongoing projects. This is despite expectations of a slowdown in the sector.