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Pink Corner, TRC win bid for land in Sungai Buloh

KUALA LUMPUR: Kwasa Land Sdn Bhd, a wholly-owned subsidiary of the Employees Provident Fund (EPF), named Pink Corner Sdn Bhd and TRC Land Sdn Bhd as the first two winning bidders under the bumiputera companies’ category to develop its RM50 billion Kwasa Damansara township in Sungai Buloh, Selangor.

MRCB to announce REIT proposal this week

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) is going to undertake a real estate investment trust (REIT) exercise sooner than thought, as sources noted that the company could look to announce a REIT proposal as early as this week.

Penang Times Square’s phase four set to start in 2015

KUALA LUMPUR: Ivory Properties Group Bhd expects phase four of the Penang Times Square (PTS) to commence work in the first half of 2015, said group chief executive officer Datuk Low Eng Hock.He told The Edge Financial Daily via email that phase four of The Central is expected to be completed by 2019.