Negeri Sembilan property developer Matrix Concepts Holdings Bhd posted record property sales of RM805.5 million last year, up 27.8% from RM630.2 million in 2014, driven by strong demand for properties in its Bandar Sri Sendayan township in Seremban and its Taman Seri Impian township in Kluang, Johor.

Penang Island City Council today reiterated that it had no records to show that a building demolished on the Runnymede property in George Town was the home of Singapore founder Sir Thomas Stamford Raffles.

Property management service provider Ideal Sun City Holdings Bhd aims to secure three contracts worth up to RM40 million in total in the next six months, propelling its transfer to the Main Board on Bursa Malaysia in a year's time.

"We are in a rather funny situation. Our roads are located on the jurisdictional borders between City Hall and MPKj, and this causes some things to be overlooked, such as the potholes here," says resident Chong Kok Choy.

Encouraged by the overwhelming sales of the first phase, Putrajaya Holdings Sdn Bhd – the master developer of Putrajaya – is aiming to unveil the second phase of Pine Valley 2-storey terraced houses in June this year.

Genting Malaysia explained that the additional hefty investment is to expand the scale and to add new facilities, to offer an extensive and wide array of new entertainment options to visitors from across the region.

Fiamma chief executive officer and group managing director Jimmy Lim said leading the launch is a 43-storey apartment project called East Parc @ Manjalara here, which has a GDV of more than RM300 million.

“With schools reopening in January and the Chinese New Year festivities just ending, many are now starting to gear up for work again, and when that happens, the market movement will be more rapid as well,” said principal of Synergy International Realtors Terry Wong.

Mitrajaya Holdings Bhd has been appointed as the developer for the 1Malaysia Civil Servant Housing Development (PPA1M) by Putrajaya Homes Sdn Bhd worth RM157.32 million.

Spanning 117 acres, the 10-year project will be developed in 11 phases whose total GDV is RM5.4 billion and is expected to generate a profit margin of 20%, said Yong Tai executive director Boo Kuang Loon.