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City&Country: Hotwer has big plans for Klang

Hotwer Development Sdn Bhd’s maiden project, The Boss Service Suites in Klang, is only part of a bigger business plan, one that goes beyond the bricks-and-mortar aspects of the development.

Mandatory adoption of BTS will affect housing supply and prices

KUALA LUMPUR: Should the Build-Then-Sell (BTS) method be made compulsory in Malaysia, the country can expect to see a reduction in housing supply and impact prices in the near term, according to members of a panel discussion on the topic "Build-then-sell: the impact on property prices" at The Edge Investment Forum on Real Estate 2011 on Saturday, April 9.

MRT interchange stations give greater boost to property values, says Ho

KUALA LUMPUR: Immediate areas surrounding the interchanges between the upcoming mass rapid transit (MRT) stations are poised for better growth compared with other transit stations, said cartographer Ho Chin Soon.

According to Ho, there were three sites tipped as the MRT-to-MRT intersections.

"Soft landing" for Malaysian property market, says consultant

KUALA LUMPUR: The Malaysian property market especially the Klang Valley market is in for a “soft landing” as property prices plateau in the next three to four years. Christopher Boyd, executive chairman of CB Richard Ellis (Malaysia) shared this with an attentive audience at The Edge Investment Forum on Real Estate 2011, on Saturday, April 9.

IOI acquires equity interest in foreign company

KUALA LUMPUR: IOI Corporation Bhd (IOI) together with its wholly-owned subsidiary, IOI Consolidated (Singapore) Pte Ltd (IOI Consolidated) has acquired 49.9% equity interest in Scottsdale Properties Pte Ltd (Scottsdale) for about S$115 million.

Sime Darby’s Delmara 85% sold in two days

KUALA LUMPUR: Sine Darby Property's latest link homes at its Bandar Bukit Raja township development in Klang, Selangor continues to see good sales. Just two days after Sime Darby’s Delmara link homes in Bandar Bukit Raja opened for sale recently, 85% of its 54 units have been snapped up.