Despite a slow property market, the sector continues to attract investment from China. China Communications Construction Company Ltd (CCCC) — the largest port construction and dredging company in China — will soon follow its peers, such as China Railway Engineering Corp, in venturing into property development in Malaysia.

Greens@Subang West is a seven-acre freehold project located in Shah Alam, Selangor. It is developed by CB Land Sdn Bhd, a wholly-owned subsidiary of Crest Builder Holdings Bhd.

Astro celebrities welcomed guests who joined in the celebration.

West Lake Gardens is one of the largest parks in Johor and boasts a scenic lake as well as gazebos, gardens, outdoor gyms and playgrounds.

The serviced apartments in the 34-storey tower have built-ups of 616 to 3,745 sq ft, and are priced from RM395,000 to RM2.32 million.

The lou sang dinner to usher in the lunar new year saw about 100 representatives from the property development industry in Johor including committee members of the Johor branch of the Real Estate and Housing Developers Association attending the event.

The closure would not have any operational impact on the other outlets of the company and its subsidiaries, Only World said in a filing with Bursa Malaysia today.

CIMB is keeping its “overweight” call on Singapore developers on the back of attractive valuations and growth opportunities as the supply overhang passes.

Malaysian Resources Corp Bhd (MRCB) is disposing of its wholly-owned building and facilities maintenance service unit for RM4.8 million, nearly 16% lower than the price it was acquired in 1982.

The developments are located at Bogyoke Aung San Road and the former headquarters of the Burma Railway Company which will be turned into “The Peninsula Yangon”.