KUALA LUMPUR (Oct 10): Share prices of OSK Property Holdings Bhd and PJ Development Holdings Bhd (PJD) advanced as much as 4.3% and 3.4% respectively in morning trade, following reports veteran stockbroker Tan Sri Ong Leong Huat plans to merge the two property firms soon.

KUALA LUMPUR: Australia-based Crown Group Holdings Pty Ltd is launching its new A$250 million (RM719 million) Sydney By Crown in Sydney on Nov 22.

The landmark 220-apartment development will be the only new apartment building  in the central business district to be launched and open for sale before the end of this year, it said in a recent press statement.

LONDON: London house prices fell for the first time in almost four years and the outlook for the city’s property market is fading, according to the Royal Institution of Chartered Surveyors (RICS).

KUALA LUMPUR (Oct 8): Ireka Corp Bhd has won a RM276.79 million property construction contract from SP Setia Bhd's unit KL Eco City Sdn Bhd.

KL Eco City is the developer of a mixed real estate project near the Mid Valley Megamall here.

KUALA LUMPUR (Oct 3): I-Bhd expects to continue its double-digit growth in revenue and profit "for several years" till the property developer reaches its targeted revenue contribution of RM500 million per year from the property development segment in 2018, said its Chief Executive Officer Datuk Eu Hong Chew.

KUALA LUMPUR: Johor-based property developer KSL Holdings Bhd has proposed a one-for-one bonus issue of up to 487.1 million shares, on the basis of one bonus share for every one existing KSL share held.

KUALA LUMPUR: Tropicana Corp Bhd is disposing a piece of freehold land measuring 9,968 sq m at Bandar Subang Jaya to Mediaraya Sdn Bhd (MSB) for a total cash consideration of RM37.55 million.

KUALA LUMPUR: Tan Sri Syed Mohd Yusof Syed Nasir, who is known to be a close associate and a trusted business partner of Sultan Sharafuddin Idris Shah of Selangor, will join Titijaya Land Bhd’s board of directors soon, according to sources.

KUALA LUMPUR (Oct 3): JF Apex Securities Research has downgraded Crest Builder Holdings Bhd (CBHB) to Hold (from Buy) with a lower target price of RM1.33 (from RM1.81) and said it foresees a challenging outlook for the company, as it may face a tough transition from contractor to developer.

KUALA LUMPUR (Oct 1): Halex Holdings Bhd has proposed to acquire another 50% stake in property development outfit Kensington Development Sdn Bhd for RM32 million, bumping up its shareholdings in Kensington to 75%.