KUALA LUMPUR: Bina Puri Holdings Bhd is close to clinching a deal worth close to RM300 million from Brunei’s Ministry of Development to build some 1,000 units of affordable houses in Kampung Lugu, Brunei, said a source close to the matter.

KUALA LUMPUR: China developer Country Garden Holdings aims to list its local unit on Bursa Malaysia and views the increased competition in the Iskandar Malaysia property sector as healthy, as this “would raise the living standards of Malaysians”.

THE wholesale mall concept is not particularly new to the Malaysian market for there is Nilai 3 Wholesale Centre in Nilai and Kenanga Wholesale City in Kuala Lumpur. Plus, there is a multitude of them online.

THE text message blasts went out on the evening of May 23. Before the night was through, more than 80 registrants had set up camp at Eco World Development Group Bhd’s sales gallery in Semenyih, Selangor. They were joined by a few hundred more the next day to get their queue numbers to buy a house in its flagship township, the 1,089-acre EcoMajestic in Semenyih.

RESIDENTS in Melaka and nearby areas who love shopping but don’t want to pay the full price for luxury goods will be eagerly looking forward to the opening of Freeport A’Famosa Outlet Village in Alor Gajah. The RM190 million outlet centre, which will open its doors in April next year, will offer luxury and premium brands of past seasons at discounts of 30% to 70%.

THE Kota Kinabalu property market is buoyant after having remained stable last year. The secondary market — which rose marginally in 4Q2013 following a slow performance in 3Q2013 — is expected to continue growing.

THE drive to Seremban via the KL-Seremban Highway on Monday morning was easy as the roads were clear. After passing the Seremban/Labu toll, at the roundabout, we took the left exit, then headed straight and soon reached old Seremban town.

SEREMBAN and its “offshoot” townships, Seremban 2 and S2 Heights, have in recent years become a beneficiary of rising property values in the Klang Valley. While the capital of Negeri Sembilan is a mere hour’s drive from Kuala Lumpur via the North-South Expressway and Kajang-Seremban Highway, prices of properties there are still fairly affordable, in comparison to the Klang Valley.

AS many residents in Seremban 2 work in the Klang Valley, most of the town’s commercial area, save for Biz Avenue where the banks are located, is fairly quiet. However, come night time, when the residents return, a lot of them will spend their hard-earned cash in the township’s growing food and beverage hub.

S P Setia Bhd
(June 12, RM2.99)