PETALING JAYA: Land & General Bhd (L&G), the master developer of Bandar Sri Damansara in Selangor is now debt-free following the full settlement of its RM657 million debt.

PETALING JAYA: Members of the Master Builders Association of Malaysia (MBAM) and its affiliates want the government to address the impact of the 0.5% ad valorem stamp duty imposed by the government on construction contracts.

KUALA LUMPUR: Mah Sing Group Bhd has acquired a 115-acre land in Cyberjaya, the information communication technology (ICT) township, with plans for a medium to high-end residential development.

KUALA LUMPUR : Malaysian Resources Corp Bhd (MRCB) is undertaking a RM2.14 billion mixed development within the Kuala Lumpur Sentral enclave. The project known as the "Lot G Integrated Development" on a 29ha (72 acre) site, comprises a retail mall and  hotel, besides three office towers.

KUALA LUMPUR: Sunrise Bhd posted net profit of RM43.15 million in the fourth quarter ended June 30, 2009 and it is confident of its prospects for the new financial year given its substantial locked-in unbilled sales.

KUALA LUMPUR: 348 Sentral, a mixed development comprising office and residential blocks, aims to attain accreditation from the Malaysian Green Building Index and the US Leadership in Energy and Environmental Design Gold Environment Building Accreditation.

PETALING JAYA: Section 14 has been the subject of much talk following the collapse of part of the old Jaya Shopping Centre in the early evening of May 28. The building was in the process of being demolished when a 5-storey portion of the structure gave way, killing seven construction workers.

KUALA LUMPUR: International figures in economics and real estate and local panellists will meet here in October to discuss the opportunities that arise from the real estate and global economic slump, and solutions to the crisis.

Some property buyers seem to have no qualms about buying off the plan, armed only with information gleaned from glossy brochures dished out by sweet-talking sales personnel.

Faliq takes property in his stride Probably one of the youngest, if not the youngest managing director around, S M Faliq S M Nasimuddin is taking things in his stride.