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#Tong Kooi Ong blogs* The Avira launch in Iskandar - better news

TONG'S TAKE The Edge Malaysia 2014, Issue May 12-18Better response to the soft launch of phase 1 Avira garden terraces in Medini last weekend was a much welcomed news for Iskandar Johor, which has seen a slowing momentum following the property cooling measures introduced late last year and the stricter mortgage lending rules.Since its soft launch, Avira has achieved 70% bookings for its 208 uni

Tropicana enhances presence in Singapore with sales gallery launch

SINGAPORE: Tropicana Corp Bhd aims to enhance its presence in Singapore and generate exposure for the group’s wide array of projects in Penang, the Klang Valley and Iskandar Malaysia with the launch of its flagship sales gallery in Singapore on Tuesday.“Singapore has established itself well as an international hub,” said chief executive officer Datuk Yau Kok Seng at the launch.

Amphil launches triplex penthouse for RM25m

KUALA LUMPUR: Amphil Corp Sdn Bhd officially launched the sale of its Rimbun @ Embassy Row triplex penthouse for RM25 million yesterday.“As a boutique developer, we are unfettered by the tight time and revenue constraints of larger, fast-paced, multiple-project developers,” chief executive officer Datuk PK Poh said.“As such, we can be more generous with our condominium features and offerings, a

Mulpha looking at retirement homes as next big thing

KUALA LUMPUR: Mulpha International Bhd’s FKP Property has been rebranded to Aveo Group, an Australian property and investment company which focuses on retirement village ownership and management. Mulpha owns 26.2% of Aveo. Currently, Aveo has 76 villages in Australia.“Prior to the global financial crisis, FKP offered a diversity of earnings,” executive chairman Lee Seng Huang said on Monday.

Brisk sales at Battersea Power Station

KUALA LUMPUR: Battersea Power Station Development Co said there is strong progress in its London-only sales programme for the 254 houses at the Battersea Power Station in London.

“In the first week of sales, reservations were taken for 95% of the properties with many buyers intending to be owner-occupier of the larger than average sized units with high specification interiors.