THE number of auctions dwindled in the second half of 2014 with fewer properties available to go under the hammer, according to auctioneers polled by City & Country. Due to the continued strong demand for residential properties, especially in the low and medium-cost range, and house values holding firm, many owners were able to dispose of their homes by themselves.

THE residential market performed well last year, according to Nabeel Hussein, associate director of C B Richard Ellis (Malaysia) Sdn Bhd.

GEORGE TOWN: Determined to demonstrate that it is not side-lining Pakatan Rakyat-held Penang, the Barisan Nasional (BN) federal government has decided to pump in some RM1.25 billion in projects in the state this year.

KUALA LUMPUR: Winning the bumiputera companies’ category bid for the Employee Provident Fund’s (EPF) Kwasa Damansara township development will give TRC Synergy Bhd’s property segment a nice boost, say analysts.  

“Over the last two years, property contribution has been relatively insignificant at 4-8% of (its) revenue.

KUALA LUMPUR: Minority shareholders of Ireka Corp Bhd are advised to vote in favour of its controlling shareholder and founder Datuk Lai Siew Wah’s proposed offer to take the company private via a selective capital repayment (SCR) and a corresponding capital repayment exercise of 90 sen per share totaling RM36.19 million.

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB), which is expected to announce the injection of Platinum Sentral into Quill Capita Trust today, will also announce the disposal of its 30% stake in the Duta-Ulu Kelang Expressway (Duke) to Ekovest Bhd for RM228 million cash, sources said.

KLCC Property Holdings Bhd
(Jan 27, RM5.66)

Aeon Co (M) Bhd
(Jan 27, RM12.80)

Sunway Real Estate Investment Trust
(Jan 27, RM1.27)