Johor Bahru Central Municipal Council to be renamed Iskandar Puteri City Council
PETALING JAYA (Nov 23): The Johor Bahru Central Municipal Council (MPJBT) will be officially renamed as Iskandar Puteri City Council (MBIP), reported Bernama today.
GuocoLand Malaysia sells PD Resort & JB Parade to Singaporean counterpart
KUALA LUMPUR (Nov 17): Debt-laden GuocoLand (Malaysia) Bhd said its 70%-owned Guoman Hotel & Resort Holdings Sdn Bhd (GNHR) is disposing of equity interests in PD Resort Sdn Bhd and JB Parade Sdn Bhd to its Singaporean counterpart, for RM223.
KTMB eyes developing commercial, retail properties worth RM6b in the next 2-3 years
PUTRAJAYA (Nov 14): Keretapi Tanah Melayu Bhd (KTMB) is eyeing on embarking on its maiden property development project within the Klang Valley area, slated to be worth RM6 billion in the next two to three years, as part of its initiatives to ramp up income from its non-fare segment, according to its chief executive officer Mohd Rani Hisham Samsudin.
Fern phase 2 at Meridin East to launch this weekend
JOHOR BAHRU (Nov 7): Mah Sing Group Bhd is launching phase two of Fern at its Meridin East township in Johor Bahru this weekend (Nov 11 and 12).
S P Setia dominates The Edge Malaysia Top Property Developers Awards
PETALING JAYA (Oct 30): S P Setia Bhd has taken the No 1 spot in The Edge Malaysia Top Property Developers Awards 2017, marking its 10th time in the top spot.
Hua Yang 2Q net profit plunges 97% on lower sales
KUALA LUMPUR (Oct 27): Affordable housing developer Hua Yang Bhd saw its net profit plunge 97% to RM584,000 in its second quarter ended Sept 30, 2017 (2QFY18), from RM16.
Purpose-built Office Rental Index continues uptrend in 2Q17
PETALING JAYA (Oct 27): The Purpose-Built Office (PBO) Rental Index for Klang Valley, Johor Bahru, and George Town grew in the second quarter of 2017 (2Q17) from a year ago, according to the “Economic Report 2017/2018”.
WCT to list REIT in mid-2018, may inject Paradigm Mall JB — Affin Hwang IB
KUALA LUMPUR (Oct 27): WCT Holdings Bhd is expected to list its real estate investment trust (REIT) in mid-2018, after it had had delayed the listing of the property trust that was scheduled by end-2017, according to Affin Hwang Investment Bank Bhd (Affin Hwang IB).
Forest City may get an HSR station
KUALA LUMPUR (Oct 13): Hong Kong-listed property developer Country Garden Holdings Co Ltd is courting the government to build a high-speed rail (HSR) station in its Forest City development in Johor, New Straits Times (NST) reported today.
