Latest

Previndran: Real estate still vibrant in the long term

KUALA LUMPUR: The real estate market in Malaysia continues to be active in terms of transactions and will continue to be vibrant in the long term, said Zerin Properties CEO Previndran Singhe.“Recently, both condos and landed homes were mopped up by cash-flush investors in traditional locations in the Klang Valley, including Bangsar, Taman Tun Dr Ismail (TTDI), Mont’Kiara, Damansara Heights and

MASPEX to include more cities next year

PETALING JAYA (April 12, 2013): The Malaysian Secondary Property Exhibition (MASPEX) will be expanding to five more cities namely Johor Baru, Penang, Ipoh, Kota Kinabalu and Kuching by next year, said Organising Chairman and Malaysian Institute of Estate Agents (MIEA) Vice-President Erick Y.T. Kho.

Mah Sing's M Residence2 gets good response

RAWANG 9April 12, 20130:  Mah Sing Group Bhd has received an overwhelming response to the first phase of its M Residence 2@Rawang residential project, Alpine, with approximately 80 per cent take-up rate.

KLCC Property announces entitlement date

KUALA LUMPUR: KLCC Property Holdings Bhd yesterday announced that the entitlement date for its bonus RPS issue is April 29. The trading of shares on Bursa Malaysia will be suspended with effect from 9am on April 23. Upon completion of the corporate exercise, the resultant stapled securities will be quoted and traded as one security on Bursa and will not be traded separately.

Mitrajaya gets contract to build dairy complex

KUALA LUMPUR: Mitrajaya Holdings Bhd has accepted an award for the proposed construction and completion of Package 4 (Dairy Complex) of the Muadzam Shah Cattle Research and Innovation Centre in Pahang for RM11.7 million from the East Coast Economic Region Development Council. The contract is for 65 weeks and is expected to be completed by July 17 next year.

E&O JV sells 73 villas in Penang

KUALA LUMPUR: A tripartite seafront property development venture involving Eastern & Oriental Bhd (E&O), CIMB-Mapletree Management Sdn Bhd and the Al Salam Bank of Bahrain, have sold 73 villas in Seri Tanjung Pinang, Penang, with a GDV of RM260.6 million.

Gabungan AQRS launches RM600m GDV property project in Iskandar

KUALA LUMPUR: Gabungan AQRS Bhd, a niche lifestyle property developer, has launched a new property development, The Peak @ Jalan Temenggong in Iskandar Malaysia with a total gross development value of RM600 million.

Its executive director Ow Chee Cheoon said The Peak comprises six 41-storey blocks, with a total of 668 units of Sky Villa serviced apartments.

AQRS launches The Peak project in Iskandar

KUALA LUMPUR (April 11, 2013): Gabungan AQRS Bhd, a niche lifestyle property developer, has launched a new property development, The Peak @ Jalan Temenggong, in Iskandar Malaysia with a total gross development value of RM600 million.

Its Executive Director Ow Chee Cheoon said The Peak comprises six 41-storey blocks, with a total of 668 units of Sky Villa serviced apartments.

LBS sells Zhuhai land for HK$1.56b

KUALA LUMPUR: LBS Bina Group Bhd yesterday signed a conditional sale and purchase agreement with Zhuhai Holdings and its subsidiary Jiuzhou Tourism Property for the disposal of Dragon Hill subsidiary Lamdeal Consolidated Development Ltd, which holds 60% equity interest in tract 197 in Zhuhai city, for HK$1.56 billion (RM608.93 million).

Pandan Valley units hit $1,081 psf

IN the Ulu Pandan neighbourhood, off Holland Road and Mount Sinai, there has been an upswing in transactions, particularly at Pandan Valley and Astor Green, a condominium located across the road from Pandan Valley, which was completed 18 years ago.