Pasukhas Group Bhd has teamed up with Yayasan Veteran Angkatan Tentera Malaysia to jointly develop a 1.27-acre piece of state leasehold land here into a commercial development, comprising office towers.

S P Setia Bhd’s latest double-storey terraced housing project in Johor, Elonia at Bukit Indah, has been fully taken up since its official launch in April 2017.

Hong Kong’s residential prices have gone up 75.9% compared to the market peak in 1997.

Justice Azizah Nawawi also granted a temporary stay on the planned project until the court delivers a decision after hearing the application on full merits.

Thai-listed Nirvana Daii PCL has signed an agreement today with Banyan Tree Group to brand the Banyan Tree Residences Riverside Bangkok, a super-luxury riverside condominium.

The construction and building materials sectors are seen to be in vogue in the near future, given the planned rollout of infrastructure development in the country.

Poultry player Sinmah Capital Bhd (formerly known as Farm’s Best Bhd) is proposing to diversify its businesses to include property development and construction.

Hong Leong IB Research has initiated coverage on Protasco Bhd with a “Buy” rating and target price of RM1.20 and said strong cash flow generation from 2 concessions and 4 long term contracts for road maintenance.

CIMB IB Research has initiated coverage on Selangor Properties Bhd (SelProp) at RM4.90 with a “Hold” rating and target price of RM5.12 and said SelProp owns 42 acres of prime land in Damansara Heights and Bukit Tunku, two of the most prized locations in Kuala Lumpur.

AllianceDBS Research said Crest Builder Holdings Bhd (Cresbld) had on June 8 gapped up to reach a high of RM1.12 before closing near the day’s high at RM1.10 (up 10 sen or 10.0%).