KUALA LUMPUR: KPJ Healthcare Bhd’s wholly-owned unit, Kumpulan Perubatan Johor Sdn Bhd (KPJSB), is exercising its option to purchase Menara 238 in Jalan Tun Razak for RM206 million.

KUALA LUMPUR: MKH Bhd is planning a mixed property development worth RM300 million in gross development value (GDV) on its newly acquired 64-acre (25.6ha) freehold land in Semenyih, Selangor.

PUTRAJAYA: Perbadanan PR1MA Malaysia yesterday signed a memorandum of understanding (MoU) to establish a joint venture (JV)  with Sekisui Chemical Co Ltd, the biggest house builder in Japan, to conduct a study to build a factory specially to develop advanced pre-fabricated modular houses in Malaysia.

KUALA LUMPUR: The implementation of the new Strata Management Act 2013 in 2014 will impose more stringent responsibilities on home owners, joint management bodies and developers of strata properties such as condominiums, said property experts.“This Act is going to affect everybody’s lives and lifestyle.

KUALA LUMPUR: IJM Land Bhd achieved an 80% take-up rate for its latest development, Kalista Residence, in Seremban 2 at its launch on Sunday.According to IJM Land, the queue started as early as 8am. The company provided three meals, movies and WiFi during the launch.Kalista Residence, an 18-storey condominium tower, saw 169 of its 208 apartments sold with a gross sales value of RM52 million.

KUALA LUMPUR: Ambrosia@Kinrara Residence in Puchong, Selangor, has achieved a 30% take-up ahead of its relaunch on Oct 26, said a Mah Sing Group Bhd spokesman.The final phase of Mah Sing’s development comprises 145 homes on a 27.54-acre (11ha) leasehold parcel within the 139-acre mixed residential development Kinrara Residence, which is situated next to the