AmProp unit to invest in real estate projects in Spain
KUALA LUMPUR (July 14): Amcorp Properties Bhd (AmProp) plans to invest in a portfolio of real estate development and value-added projects in Madrid and other cities in Spain.
Penang NGO’s alternative transport plan costs just a third of state govt’s
GEORGE TOWN (July 14): A civil society group has called for the introduction of trams and bus rapid transits (BRTs) in Penang, saying this would cost only a third of the amount that the state government intends to spend on building light rail transits (LRTs) and monorails as part of the Penang Transport Master Plan (PTMP).
Singtel subsidiary wins S$10m contract to develop Smart HDB towns
SINGAPORE (July 12): Singtel Group's subsidiary, NCS, was awarded a S$10 million contract on Monday by Singapore’s Housing & Development Board (HDB) to develop a new Smart Urban Habitat Master Plan (SUHMP).
Wanted: Master plan to transform Jurong Lake District into 2nd CBD
SINGAPORE (July 11): The Urban Redevelopment Authority (URA) has launched a Request for Proposal (RFP) today, inviting multi-disciplinary teams to develop master plan proposals for Singapore’s Jurong Lake District, according to a press release dated Monday.
Brexit raises uncertainty over Amcorp’s sales
Amcorp Properties Bhd (July 8, 87 sen) Downgrade to hold with a target price (TP) of 86 sen: With more than 90% of Amcorp Properties Bhd’s (AmProp) earnings derived from London, we believe Brexit would raise uncertainty over its sales, at least in the near term.
Infinity pool glass panels at Singapore condo crashes
PETALING JAYA (July 9): The glass panels of a fifth-storey infinity pool at the Cradels condominium in Whampoa, Singapore, crashed to the ground yesterday, sending shattered glass flying across the condo compound and water pouring from the pool, reported the Straits Times.
Is the worst over for the housing market?
THE early 1990s are known as Malaysia’s golden years.
PROPERTY SNAPSHOT 2: What’s affordable in Subang/Ara Damansara?
• While Subang and Ara Damansara are located adjacent to each other, they offer vastly different landscapes with the former dominated primarily by industrial sites and affordable housing while the latter is more affluent with gated and guarded neighbourhoods and increasingly upmarket condominiums.
Team Keris offers 15% discount for ‘Treetops’ condo in Ipoh
IPOH (July 4): Property investors can enjoy a 15% discount when they buy a “Treetops” condominium unit in Jalan Gopeng at Team Keris Bhd’s Family Day starting from Wednesday, Bernama reported today.
Will 29 villages in Penang ‘disappear’ soon?
GEORGE TOWN (July 4): Some 29 villages in Penang might face the risk of ‘disappearing’ forever, including its Malay heritage culture, following rampant development projects in the area, say academicians.
