Sunway said its wholly-owned subsidiary, Sunway Forum Hotel Sdn Bhd, will receive RM340 million for the property, which comprises the Sunway Clio Hotel, a three-storey retail space and a multistorey car park.

Sold for: RM3.35 million; Concluded by: Jacob Chin (REN 06912) of Vivahomes Realty (017-612 2331); When: April 2017

The project has a total gross development value (GDV) of RM144.48 million, on the back of gross development cost of RM126.88 million.

Fajarbaru Properties Sdn Bhd plans to launch the second of its Rica Residence series of residential high-rise projects called Rica Residence Kinrara in Puchong, Selangor in the next six months.

IWCity has been in the spotlight in anticipation that its major shareholder Iskandar Waterfront Holdings Sdn Bhd might get a second chance to develop Bandar Malaysia.

CapitaLand says the bottomline was lifted by better operating performance, higher revaluation gains from investment properties in Singapore and China...

The 804-unit Goodluck Hope is located on the River Thames, and surrounded by water on three sides.

On prospects, Bina Darulaman said its core businesses, particularly the property development, are expected to record “respectable performance” for the financial year ending Dec 31, 2017 (FY2017)

IGB REIT said the distributable income for 2QFY17 amounted to RM76.8 million or 2.19 sen per unit, consisting of realised profit of RM67.7 million and the non-cash adjustment arising mainly from manager fee payable in units of RM8.2 million.

The corporate exercise will see Co-Prosperity’s wholly-owned subsidiary Full Winning Developments Ltd subscribe 43 million new shares of Yong Tai at RM1.26 per placement share.