Mainland Chinese purchasers of homes in Forest City, Country Garden’s megaproject in Johor, are now staring at the daunting prospect of having to pay a penalty of 30% of the purchase price for pulling out of the deal. 

EWI currently has four development projects under construction in London and Sydney, with an estimated total gross development value of approximately £2.4 billion (RM13.3 billion).

Precinct MET 1 comprises two blocks of office towers, serviced residences and two retail malls with a total net lettable area of 81,000 sq ft sitting on a 4.29-acre site with a gross development value (GDV) of RM1.3 billion. The serviced residences were launched earlier this year.

Phua Chian Kin, group CEO and controlling shareholder of TEE International, is offering to buy out other shareholders for 21.5 Singapore cents a share, valuing the company at S$108 million (RM342.34 million), announced the company on April Fool’s Day.

Eco World International Bhd (EWI) made its debut on Bursa Malaysia today with an opening price of RM1.31, equivalent to 9.16% premium above initial public offering (IPO) price of RM1.20 per share.

As homes are now regarded as lifestyle investments, greater thought has to be put into their design and finishing.

Boutique developer NCT Group will be launching properties with an estimated combined gross development value (GDV) of over RM450 million this year, according to its managing director Datuk Seri Yap Ngan Choy.

Plans to attract buyers form Southeast Asia, India and the Middle East.

Kerjaya Prospek Group Bhd has bagged a contract worth RM31.6 million to develop 32 three-storey terrace houses in Penang, the company announced today.