It is perhaps the first and only listed company on Bursa Malaysia that has three managing directors. Sunway City Bhd (SunCity) recently appointed former COO Ho Hon Sang as managing director, property development (Malaysia), to take charge of local projects. He replaces Ngian Siew Siong who has been entrusted with a new portfolio — managing director, property development (international).

Ho Hon Sang, the newly appointed managing director of property development (Malaysia) at Sunway City Bhd (SunCity), has mixed feelings about his promotion.

Far East Organization (FEO), Singapore’s largest privately held developer, has restarted the marketing and selling of its “ultra-luxury” residential projects under the newly introduced brand name Inessence.

Hong Kong has maintained its ranking as the world’s most popular destination for luxury brands, with nine in every 10 high-end global retailers present in the city, according to a survey by property consultant CB Richard Ellis.

Mention Desa ParkCity and the chances are people will start talking about how capital values in this 473-acre freehold township in Kuala Lumpur have spiked in recent times.

Over the years, Dijaya Corp Bhd has  made a name for itself in property development in the suburbs of Petaling Jaya, Selangor.

TA Global Bhd, the recently listed property arm of stockbroking firm TA Enterprise Bhd, is looking to unlock the value of its landbank with the launch of property developments that have an estimated gross development value (GDV

The Klang Valley high-end condominium market, though improving, is quiet against the current enthusiasm over landed homes.

KUALA LUMPUR: The Master Builders Association Malaysia (MBAM) has elected Kwan Foh Kwai of Sunway Construction Sdn Bhd as its president for the 2011/12 term on Friday, July 9.

MBAM held its election of office bearers following its annual general meeting on June 27. He replaces Datuk Ng Kee Leen of Gamuda Bhd, who is now the Immediate Past President.

SHAH ALAM: I-Bhd, the developer of I-City development in Shah Alam, has appointed Datuk Lim Kim Hong as the executive chairman of the board.

According to the press statement released on Friday, July 9, Lim’s appointment is aimed at driving the group to the next level of growth at both the local and regional levels.