Eco World Development Group Bhd will be launching Esplanad, the first commercial project to be introduced in Eco Grandeur, Puncak Alam, Selangor on June 18.

Mah Sing Group Bhd plans to increase its Klang Valley land bank from the current 65% to 75% in the next two to three years.

MRCB is buying three parcels of land from Kuala Lumpur City Hall (DBKL) for RM335.5 million cash.

S P Setia Bhd is launching the residential component of its latest and fifth project in Australia located on Exhibition Street, Melbourne this weekend.

Sold for: RM572,000 (RM480 psf); Concluded by: Ken Lai Kian Yoong (REN 04845, 017-606 9056) and Lim Hui Lin (REN 11542, 018-2759199) from Polygon Properties Sdn Bhd; When: April 2017

Mid-to-mass market projects continue to drive sales with 341 and 617 units sold in the RCR and OCR segments.

The Ascott, CapitaLand’s serviced residence business unit, has won contracts to manage its first three properties under its lyf brand in China and Singapore.

Protasco Bhd has bagged a RM174.4 million  infrastructure works contract from Central Spectrum (M) Sdn Bhd.

Managing director Chung Soo Kiong said the group is on track to deliver higher revenue in the year ending Dec 31, 2107 (FY17), compared with FY16's revenue of RM1.79 billion. Net profit for FY16 stood at RM123.52 million.

Mirvac is a real estate group listed on the Australian Stock Exchange, and creates, owns and manages a portfolio of assets across the office, retail, industrial and residential property sectors in Australia.