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The group entered into a sale and purchase agreement with Chong Khoon Lin Sdn Bhd to acquire the four adjoining parcels of freehold land with internally generated funds.

Ikhmas Jaya said its wholly-owned subsidiary, Ikhmas Jaya Sdn Bhd, had agreed and accepted the letter of award from Kayangan Kemas for the proposed project.

‘The Waves’ comprises serviced apartments, retail mall and hotel.

According to a survey, even one stop can make a big difference in property prices on each of the 280 tube stops of the London Underground network.

Chief Minister Lim Guan Eng said the state government would be informing the people of the procedures, time and place to access the documents beginning this Thursday.

But the city has a few issues to be addressed before it can move to the next level.

Despite their hectic works schedules, it is important to make time to invest in property, local singer and Astro artist Nicole Lai told TheEdgeProperty.com in an exclusive interview.

A 1.59 ha land parcel which is in the 1H2016 Government Land Sales (GLS) Confirmed List located at Martin Place offers an attractive proposition to developers, said DTZ Debenham Tie Leung (SEA) Pte Ltd in a press statement today.

The fall was largely due to the mismatch in price expectations of buyers and sellers, fewer launches of new land parcels from the Government Land Sales (GLS) programme and uncertainty in the global markets, which saw local investors diversifying their portfolios overseas.