In a statement yesterday, Takaso said it had inked a conditional share sale agreement with A.W. Impian Land Sdn Bhd (AWIL) for the deal. The price is equivalent to about 50% of the market value of the lands.

E&O deputy managing director Eric Chan said yesterday the company is looking to attract buyers from Southeast Asia and East Asia for its products.

There will be three life-sized show homes by three Malaysian designers at HOMEDEC. They will give their creative and practical interpretations to the concept of designing non-assisted aged care living (low care living), semi-assisted aged care living (mid care living) and fully-assisted aged care living (full care living) spaces. 

Under the management agreement, Hilton Worldwide and/or its affiliates shall provide development and management services of the operation of the hotel.

Eco Sanctuary sits on 4.6 acres of leasehold land along Chestnut Avenue, off Upper Bukit Timah Road.

The Penang government today launched the ‘Talents and Skill’ category for workers looking to buy affordable homes in the state.

Revitalising the older parts of the city that are no longer economically viable is the only way to accommodate the continual growth of the city, said the deputy Federal Territories minister Datuk Loga Bala Mohan.

Al-Salam REIT chief executive officer Datuk Kamaruzzaman Abu Kassim said the assets will be a combination of retail and offices within the vicinity of Kuala Lumpur and the state of Johor.

Speaking to reporters after the company’s annual general meeting today, Ireka group managing director Lai Voon Hon said Aseana was on track to dispose of its assets and return capital investments to its investors.

The group’s operating companies in Johor include PTP, Johor Port, Senai Airport City, Senai Airport Terminal Services and Seaport Worldwide.