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No-frills homes promise is missing in new guidelines
HONG KONG: Back in October, Secretary for Development Carrie Lam Cheng Yuet-ngor said she hoped the Urban Renewal Authority would provide no-frills, affordable homes whenever possible.
I-City secures exclusive rights for snowfall machines in Malaysia
SEOUL: I-Bhd, property developer of I-City in Shah Alam, Selangor, is bringing the first snowfall experience in South East Asia to Malaysia as it secures exclusive rights to the Korean-made snowfall machine for its SnoWalk -- a 50,000 square feet artic edutaiment centre in Shah Alam.
Mah Sing Group records higher pre-tax profit
KUALA LUMPUR: Mah Sing Group Bhd recorded a higher pre-tax profit of RM177.87 million for the financial year ended Dec 31, 2010 compared with RM144.24 million in 2009.
UEM Land's pre-tax profit rises to RM205.5 million
KUALA LUMPUR: UEM Land Holdings Bhd's pre-tax profit for financial year ended Dec 31, 2010 rose to RM205.507 million from RM129.582 million in same period in 2009.
Its revenue advanced to RM469.713 million from RM407.913 million previously, it said in a filing to Bursa Malaysia on Feb 25.
Melati Ehsan to launch projects worth RM841 million in Klang Valley
KUALA LUMPUR: Melati Ehsan Holdings Bhd is set to launch several new launches by 2Q 2011 with a total estimated gross development value (GDV) of RM841 million. The developments will spread over a period of 3-5 years and are all located in Klang Valley, including Pandamaran in Klang, Bukit Tengku in Shah Alam and Bukit Jalil in Kuala Lumpur.
The lure of Seremban
Compared with Kuala Lumpur and Petaling Jaya, property prices in Seremban are still moderate despite having risen in the last two to three years.Newly-launched properties in Seremban are going at a premium, thanks to increased demand stemmed mainly from improved accessibility. Seremban is only a 20-minute drive from Kajang via Kajang-Seremban Highway (Lekas Highway) and 45 minutes to Kuala Lump
Trinity Group: April launch for Bukit Jalil condo
KUALA LUMPUR: Trinity Group Sdn Bhd aims to launch The Z Residence project at Bukit Jalil in April, said its managing director Datuk Neoh Soo Keat.The condominium will be developed on a seven-acre freehold site with a gross development value (GDV) of RM400 million, he told The Edge Financial Daily via e-mail.The Z Residence, which is currently open for registration, will be the group’s first la
