1MDB appoints consultants for KLIFD
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) has roped in several local and international consultant companies to help in its plan to develop its Kuala Lumpur International Financial District (KLIFD) project.
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Eksons Corp acquires 30ha in Setapak
KUALA LUMPUR: Timber and property development company Eksons Corp Bhd has acquired 37 pieces of land totalling approximately 30ha for RM22.3 million, boosting its landbank for future development.
Taiwan visa changes likely to trigger rise in visitors
HONG KONG: If you see groups of Taiwanese yuppies hanging around Hong Kong's major shopping and entertainment districts, don't be surprised.
Oil Street site likely to defy decline
HONG KONG: The tender for a former government supplies depot in North Point is expected to attract keen interest from developers despite last week's poor land auction result and the volatile share market, which has sapped market confidence.
Flat prices fall on economic fears
HONG KONG: Sellers have begun cutting their asking prices for Hong Kong properties in response to growing uncertainty over the global economic outlook — creating new opportunities for buyers who until now have been priced out of home ownership.
Prices and sales both likely to drop, says CBRE
HONG KONG: The market for Hong Kong homes has reached a turning point, with prices and transaction volumes both likely to see corrections, says property consultant CB Richard Ellis (CBRE).
Online housing loan application through Treasury portal in 2012
PUTRAJAYA: From next year onwards, civil servants can apply for housing loans via the Malaysian Treasury's integrated housing application system portal.
Berjaya Land returns to Penang
GEORGE TOWN: After staying away from the Penang property scene for more than 20 years, Berjaya Land Bhd (BLand) is returning in a big way. And it is picking up arguably the most controversial piece of real estate on the island to mark its return — a part of the Penang Turf Club (PNTC).
Mah Sing 2Q earnings rises
KUALA LUMPUR: Mah Sing Group Bhd staged a strong set of earnings, with net profit up 47.9% to RM43.13 million in the second quarter ended June 30 from RM29.16 million a year ago, with unbilled locked in sales and remaining gross development value of more than RM14.5 billion.
MPHB confirms talks to dispose of Menara Multi-Purpose
KUALA LUMPUR: Multi-Purpose Holdings Bhd (MPHB) said it is in talks with various parties to dispose of its non-core assets, including Menara Multi-Purpose.
In a filing with Bursa Malaysia on Tuesday, Aug 16, the group said it is discussing the disposals as part of its asset rationalisation exercise.
