The 50:50 joint venture submitted the highest bid of S$1.132 billion (RM3.49 billion) for the 99-year leasehold land located next to Woodleigh MRT Station.

The group has in hand, eight property projects split between Melaka, Pahang, Selangor, Kuala Lumpur and Negeri Sembilan.

In a filing with SGX, CapitaLand said the divestment is part of its ongoing strategy to enhance capital productivity.

It is considering a rights issue to reduce its gearing to as low as 1.5 times...

Going forward, Glomac said it plans to open initial phases of terrace houses for launch at its new developments in Saujana Utama 5 in Sungai Buloh, Selangor, and Saujana Jaya in Kulai, Johor.

Is UOL, the property firm controlled by UOB Chairman Wee Cho Yaw, offering to buy out United Industrial Corp (UIC) again after its 2009 failed bid?

Hatten is a developer of integrated developments, headquartered in Melaka.

Country Heights will recalibrate its focus on property development and investment, and “spin off” the rest of its non-core businesses as associated activities…

Bandar Malaysia Sdn Bhd chairman Tan Sri Dr Mohd Irwan Serigar Abdullah said the request for proposal (RFP) for the RM12.35 billion Bandar Malaysia project will be issued sometime this week, adding there have been many parties indicating interest in the development.

Construction and property firm Bina Puri Holdings Bhd, which will see its Indonesian subsidiary PT Megapower Makmur Tbk listed on the Indonesian stock exchange on July 5, hopes to increase the bottom line contribution of its power business by 20% per annum.