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City&Country: Singapore Briefs

Ying Mansions, Villa D’Este up for saleYing Mansions (below), an eight-unit freehold development off Bukit Timah Road, is up for sale with a guide price of S$70 million, excluding a development charge estimated at S$18.1 million, says CB Richard Ellis (CBRE), which is handling the sale. The seller is the sole owner of the development, which sits on a 23,975 sq ft site.

30 January, 2011
Sunway Tunas is SunCity's unit

KUALA LUMPUR: Sunway Tunas Sdn Bhd became Sunway City Bhd's (SunCity) wholly-owned subsidiary after the latter purchased the remaining 30% stake that it did not own.

28 January, 2011
Seacera Tiles disposes of land

KUALA LUMPUR: Seacera Tiles Bhd is disposing of its freehold parcels measuring 14.59 acres, together within a factory building on it, for RM62 million.

28 January, 2011
S P Setia acquires land in Johor

KUALA LUMPUR: Top property developer S P Setia Bhd is purchasing a 265.7 acre piece of land in Johor Bahru for RM125.78 million, it told the local bourse on Friday, Jan 28.

28 January, 2011
Amanah Harta Tanah PNB net profit doubles

KUALA LUMPUR: Amanah Harta Tanah PNB's net profit doubled to RM4 million in its fourth quarter ended Dec 31, 2010 (4QFY2010), from RM1.54 million the previous year, on higher revenue

In a filing to Bursa Malaysia on Friday, Jan 28, the trust reported revenue of RM5.77 million, up 62% to RM3.55 million a year earlier.

28 January, 2011
Kompleks Sukan PKNS to be redeveloped

KUALA LUMPUR: Kompleks Sukan PKNS in Kelana Jaya, Selangor will be redeveloped jointly by Melati Ehsan Holdings Bhd and PKNS Holdings Sdn Bhd into a RM1.623 billion mixed commercial development.

28 January, 2011
Sunway REIT to expand asset size

KUALA LUMPUR: Sunway Real Estate Investment Trust (Sunway REIT) is looking to expand its asset size through acquisitions of third party properties, its manager Sunway REIT Management Sdn Bhd chief executive Datuk Jeffrey Ng said.

28 January, 2011
Demand for housing in Oman forecasted to increase

OMAN: Demand for housing is forecasted to increase in Oman as the number of foreign professionals employed in the Sultanate is expected to increase with the new five-year development plan by the government, according to a report by the Oxford Business Group (OBG) on Thursday, Jan 27.

28 January, 2011
Kha Seng Group expands KL retail reach

KUALA LUMPUR: The Kha Seng Group will complete and open two retail developments in Kuala Lumpur this year.The 4-storey Viva Home mall near Jalan Loke Yew, Cheras is scheduled for official opening in May while the Kenanga Wholesale City in Jalan Kenanga is slated for an August debut, said its managing director Bernard Bong.Speaking after the Kenanga Wholesale City topping-up ceremony here yester

28 January, 2011