Iris seeks international partners to fund PPA1M project
KUALA LUMPUR (Sept 1): Iris Corp Bhd is seeking international partners to fund the 1Malaysia Civil Servants Housing (PPA1M) programme.
US home prices ease in June
NEW YORK (Sept 1): The pace of gains in US home prices slowed in June but solid demand and tight supplies should keep a floor on the market, analysts said Tuesday.
Developers’ duty to build affordable units in Selangor soon
KUALA LUMPUR (Sept 1): Property developers will be required to build affordable units for serviced apartment, small office/home office (Soho) and small office/virtual office (Sovo) projects in Selangor under the state’s new blueprint for housing development, which is expected to be unveiled soon.
Prospects for Xiamen property market bright for IOI Properties
IOI Properties Group Bhd (Aug 30, RM2.
Starhill Global REIT’s master leases shield it from retail-sector pressure
STARHILL Global Real Estate Investment Trust prides itself on owning landmark retail properties on the most prominent stretch of Orchard Road.
Private entities to the fore in SUKE and DASH projects
EARLY this month, Permodalan Nasional Bhd’s (PNB) unit Projek Lintasan Kota Holdings Sdn Bhd (Prolintas) awarded 17 contracts worth almost RM8 billion for the Sungai Besi–Ulu Kelang Elevated Expressway (SUKE) and Damansara–Shah Alam Elevated Expressway (DASH).
Uncertain outlook for Penang real estate market, says Henry Butcher
PETALING JAYA (Aug 30): The real estate market outlook for Penang till the end of this year seems rather uncertain due to weak market sentiments in both the primary and secondary markets.
Putra Perdana Construction hits record revenue for FY15
KUALA LUMPUR: Putra Perdana Construction Sdn Bhd (PPC), the construction arm of Putrajaya Perdana Bhd which is bidding for RM4.
UEM Sunrise's 2Q net profit falls 35% on year, revenue up
KUALA LUMPUR (Aug 30): UEM Sunrise Bhd's second quarter net profit declined 35% on year to RM54.
KLK Land inks MoU with Wesley Methodist School
PETALING JAYA (Aug 30): KLK Land, the property arm of Kuala Lumpur Kepong Bhd, has signed a memorandum of understanding (MoU) with Wesley Methodist School (WMS) for the building and running of a private school at its Bandar Seri Coalfields (BSC) township, the group announced in a press release today.
