KUALA LUMPUR (Mar 10): Sunsuria Bhd will see its executive chairman and substantial shareholder Datuk Ter Leong Yap injecting over 440 acres of landbank into the group, which will lead to the group's total project gross development value (GDV) rising to RM11 billion from RM300 million now.

KUALA LUMPUR (March 6): Sunsuria Bhd will be suspended from trading on Monday, March 9, pending a material announcement.

In a filing with Bursa Malaysia this evening, the property developer said the local bourse authority had approved its request to suspend the group’s counter next Monday, pending a material announcement to be made.

KUALA LUMPUR: Sunway Property, the property division of Sunway Bhd, revealed its key launches for this year in the Klang Valley, Penang, Ipoh and Johor, which amounts to around RM1.7 billion in gross development value (GDV), at a media event yesterday.

KAJANG: MKH Bhd’s latest township, Hillpark@Shah Alam North saw its Cherry III product achieve 85% take-up of the 236 units sold during the launch last week.

Cherry III are 2-storey link homes with built-up size of 20ft by 80ft, with prices starting from RM540,000 and carrying an estimated gross development value of RM116 million.

KUALA LUMPUR: Finbar Group Ltd, an Australian-based developer, will be launching Aurelia in Kuala Lumpur tomorrow. Aurelia is a 21-storey high-rise consisting of 116 apartments and two penthouses located on the riverside suburb of south Perth in Western Australia. The unit built-ups are from 560 sq ft to 2,702 sq ft and selling price starts from A$435,000 (RM1.24 million).

CYBERJAYA: Developers in Cyberjaya will be delivering 2,400 residential units this year to add to the 8,742 residential units delivered in 2014, said executive director of Setia Haruman Sdn Bhd Lao Chok Keang in his welcome address at a media event on Wednesday for the Cyberjaya Premier Property Showcase 2015 (CPPS 2015).

The property showcase will be held on March 14 and 15.

KUALA LUMPUR: The overall property market for 2015 will be cautious with slower take-up and occupancy rates as compared with last year, which was still resilient despite the market slowdown, according to C H Williams Talhar and Wong Sdn Bhd.

KUALA LUMPUR: London-based property developer Regal Homes will be launching a 90-unit apartment project in London, the United Kingdom, at The Westin Kuala Lumpur this weekend.

“The development’s proximity to Canary Wharf ensures that each property represents a solid investment, as well as an exceptional residence,” said Regal Homes founder and chief executive officer Paul Eden.

KUALA LUMPUR: Mah Sing Group Bhd will not be slowing down on launches for ongoing projects in order to achieve its RM3.43 billion sales target this year.

WITH the implementation of the Goods and Services Tax (GST) drawing closer, coupled with the tougher operating environment, property developers are likely to strategise to buffer any negative impact.