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I&P Group to launch Bayuemas’ Gemilang homes

PETALING JAYA: I&P Group Sdn Bhd will be launching its 2-storey terraced houses called Gemilang at its mixed development Bayuemas tomorrow. Gemilang has a gross development value of RM61,997,568.

China’s outbound investments escalate

SINGAPORE: China’s outbound investments in commercial property totalled US$33.7 billion (RM112.5 billion) from 2008 to June 2014, according to Cushman & Wakefield’s investment report in October.

Union Investment Real Estate unveils E-App

KUALA LUMPUR: Union Investment Real Estate, the owner of Cap Square Tower (CST), launched an E-App for the building where guests, tenants and the building manager, as well as owners have an e-platform to communicate with each other. Union Investment Real Estate is Europe’s largest open-ended estate asset managers.

Tropicana offers fully-furnished apartments in Cyperus

KUALA LUMPUR: Tropicana Corp Bhd will tomorrow launch Cyperus, the third block of its Tropicana Gardens serviced apartments priced at RM1,267 per sq ft (psf).

Each apartment comes fully-furnished and includes a fridge, cooking hob, oven, washing machine, sofa set, and dining table and chairs, said its executive director of marketing and sales Pam Loh.

Liow: VEP enforcement date yet to be determined

KUALA LUMPUR: The government has yet to decide on an enforcement date for vehicle entry permits (VEP) for foreign vehicles entering Malaysia from Singapore, said Minister of Transport Datuk Seri Liow Tiong Lai.

E&O redevelops ESCA House

KUALA LUMPUR: Lifestyle property developer Eastern & Oriental Bhd (E&O) intends to take over and redevelop ESCA House in Baysways, London, that was built in 1919.

MPHB Capital up 6% on Bank Negara's approval for insurance arm stake sale

KUALA LUMPUR (Nov 6): MPHB Capital Bhd rose as much as 5.7% before reducing gains after Bank Negara Malaysia (BNM) approved its planned 49% stake disposal of its insurance unit.

MPHB Capital rose as much as 13 sen to RM2.43 before settling at RM2.37 at 12.30pm.

For comparison, the FBM KLCI fell 3.34 points or 0.2% to settle at 1,844.44.

Mitrajaya lands RM401.88m condominium job from UEM Sunrise unit

KUALA LUMPUR (Nov 5): Mitrajaya Holdings Bhd’s unit has secured a construction project worth RM401.88 million from a unit of the UEM Sunrise Bhd group.

In a filing Wednesday, Mitrajaya said its unit Pembinaan Mitrajaya Sdn Bhd had been awarded the project to build the main buildings and external works for two blocks of condominium at Mont’ Kiara, Kuala Lumpur.

SPAD dismisses KL-Singapore high speed rail delay reports

KUALA LUMPUR: Public Transport Commission (SPAD) has dismissed reports that the Kuala Lumpur-Singapore high speed rail project (HSR) may be delayed, despite having previously hinted that there might be “problems” with the timeline of the project’s expected completion.