Ardmore Park unit fetches S$3,363 psf
SINGAPORE (May 10): A 2,885 sq ft, high-floor unit at Ardmore Park changed hands for S$9.
Housing project at Taman Rimba Kiara is still pending approval, says KL mayor
KUALA LUMPUR (May 9): The housing development planned at Taman Rimba Kiara, Taman Tun Dr Ismail (TTDI) is still pending approval from Kuala Lumpur City Hall (DBKL).
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IJM Perennial Development unveils The Light City, Penang
PETALING JAYA (May 9): IJM Perennial Development Sdn Bhd, a joint venture between IJM Corp Bhd and Perennial Real Estates Holdings Ltd, has unveiled The Light City, a large-scale integrated mixed-use waterfront development in Gelugor, Penang.
UOB Malaysia expects BNM to stand pat on OPR
KUALA LUMPUR (May 9): Bank Negara Malaysia (BNM) is most likely to keep the overnight policy rate (OPR) unchanged at its monetary policy meeting this Friday, according to UOB Malaysia.
Sime Darby Property rolls out festive season campaign for homebuyers
PETALING JAYA (May 9): Sime Darby Property is rolling out a new promotional campaign for the upcoming festive season, offering homebuyers the opportunity to own one of its recently launched properties in its townships located in the Klang Valley and Negeri Sembilan.
TTDI residents livid over FT minister’s response
PETALING JAYA (May 9): The residents of Taman Tun Dr Ismail (TTDI) are livid over the Federal Territories (FT) Minister Datuk Seri Tengku Adnan Tengku Mansor’s response to residents’ concerns about the proposed serviced apartment development which involved parts of Taman Rimba Kiara in the neighbourhood.
China's Wanda in talks to develop Bandar Malaysia
KUALA LUMPUR (May 9): The company controlled by China's richest man is now the front runner to lead the development of Bandar Malaysia after Putrajaya last week dropped the consortium that was earmarked to buy a majority stake in the project, the Singapore daily The Straits Times reported today.
Still a big question mark over Bandar Malaysia
Construction sector Maintain overweight call: Over the weekend, local newspapers covered several “what if” scenarios following the termination of the share sale agreement of the 60% stake in Bandar Malaysia to the 60:40 consortium formed by Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC) — valued at around RM7.
IWC hits limit-down after Bandar Malaysia deal collapsed
KUALA LUMPUR (May 9): Iskandar Waterfront City Bhd’s (IWC) share price took a nosedive and hit limit-down shortly after the opening bell as it resumed trading yesterday, wiping out RM759.
