The Gamuda Bhd-led SRS Consortium confirmed that the initial cost of RM27 billion for the Penang Transport Master Plan (PTMP) has ballooned to an estimated RM46 billion, after additional components were added by Seberang Perai Municipal Council (MPSP).

The rapper has now lowered the price of his house to US$5.995 million

Revenue for the quarter jumped 47% to RM248.9 million from RM169.8 million a year earlier, its quarterly results filing yesterday showed.

Sime Darby Property will be launching Elmina Valley Phase 3 (EV3), the third phase of Elmina West in the City of Elmina township, this weekend at its sales gallery in Bukit Subang.

Sold for: RM2.9 million; Concluded by: Casper Yee (REN13384) of HASB Consultants Sdn Bhd (Selangor) (016-2591812) and P S Gan (REN07876) of Full Homes Realty Sdn Bhd (Bandar Puchong Jaya Branch) (017-2211277); When: June 2016

The new projects include the Waterside Residence in Penang, new phases in Bandar Rimbayu, Danau Perintis affordable apartments in Shah Alam 2, new phases in Seremban 2 and new phases of Austin Duta in Johor.

The Sime Darby Property Bhd-CapitaLand Mall Asia joint venture has decided to further extend the opening of its Melawati Mall to the second quarter of next year (2Q17).

Yong Tai, in a statement, said 100% of casted votes were in favour of the new issuance of ICPS to facilitate the capital participation of Hong Kong-listed Sino Haijing Holdings Ltd into Yong Tai, as well as to reward the existing shareholders of Yong Tai via a bonus issue.

Gamuda Land Sdn Bhd, the property development arm of Gamuda Bhd, is investing RM63 million to build an international school campus at its Jade Hills township in Kajang, Selangor.

Central bank says first-time homeowners continue to have access to financing.