The builder said its indirect wholly-owned subsidiary, Tema Warisan Sdn Bhd, yesterday inked a joint-venture agreement with Perikatan Progresif Sdn Bhd for the development on a 17.5-acre leasehold land.

All the public housing units are for rent only over a six-year period for eligible citizens with rental rates capped at 80% of the average rental rates.

UTAR research team concludes that the current market scenario seems to signal “buy”.

This is despite a 144.1% increase in revenue to S$24.0 million in the second quarter ended Nov 30, compared to revenue of S$9.8 million in 2Q2016.

Paramount Corp Bhd expects to achieve higher property sales this year than the past two years.

Maybank Kim Eng has named CapitaLand Commercial Trust (CCT) as its top “buy” pick in the office sector with an unchanged target price of S$1.81 (RM5.60).

Mah Sing Group Bhd has introduced a CNY Bonanza Campaign where homebuyers can enjoy cash rebates from RM888 to RM18,888, in addition to other sales packages offered for selected Mah Sing properties.

The Las Vegas Review-Journal quoted a Resorts World Las Vegas construction worker as saying that a tall aerial work platform was placed on the site, to inspect scaffolding on a tower construction site.

The project will commence immediately and is expected to be completed by the second quarter of 2018

The announcement came after The Edge weekly’s report on Monday, citing unnamed sources, saying Paramount is disposing of its education arm’s assets to a private real estate investment trust (REIT) as part of its asset-light strategy.