KUALA LUMPUR: Gamuda Bhd has proposed to acquire a piece 99-year leasehold land measuring 104.1ha in Kuala Langat, Selangor, for RM392.17 million cash from Bukit Melati Sdn Bhd. The purchase price works out to roughly RM35 per sq ft.

KUALA LUMPUR: The eight-acre (3.2ha) piece of land that belongs to the French embassy in Jalan Ampang here will be sold via an exclusive tender by CB Richard Ellis (CBRE) Malaysia next week, its associate director Nabeel Hussain told The Edge Financial Daily yesterday.

KUALA LUMPUR (Dec 1): Gamuda Bhd has proposed to acquire a 99-year leasehold land measuring 104.1 hectares in Kuala Langat, Selangor, for RM392.17 million cash from Bukit Melati Sdn Bhd. The purchase price works out to roughly RM35 per square feet.

Tropicana Corp Bhd is set to launch Parkfield Residences, phase two of the Tropicana Heights Kajang gated and guarded township, in mid-November.

KUALA LUMPUR (Dec 1): Property developer Sentoria Group Bhd is aiming to launch projects worth an estimated RM1.5 billion in gross development value (GDV) in Morib, Kuching and Kuantan over the next three years.

PETALING JAYA: MK Land Holdings Bhd plans new launches worth RM2.2 billion over the next two years in Damansara Perdana and Damansara Damai in Selangor and Ipoh, Perak.

KUALA LUMPUR: The newly-opened IOI City Mall is aiming for two million visitors per month. It targets to have 85% of the mall leased out by December and to lease out the remaining 15% by Chinese New Year, the mall’s general complex manager Chris Chong told The Edge Financial Daily.

GEORGE TOWN: Phase two of S P Setia Bhd’s Setia Vista development, the RM320 million Setia Sky Vista high-rise in Relau, will be opened for sale on Dec 6.

KUALA LUMPUR: Tune Hotels aims to have 25 hotels across the UK in the next five years, at an investment to the tune of more than £200 million (RM1.05 billion), revealed group chief executive officer Mark Lankester.

IPOH: TI Homes Sdn Bhd launched the first phase of its RM100 million retirement village GreenAcres this week, situated in Bandar Meru Raya, Ipoh. It currently has confirmed bookings of 30%. There are 170 villas and low-rise apartments within a gated community which are not for sale. Occupants sign a lifetime lease.