Sunsuria could gain RM143.7 mil from sale of land in Sepang
PETALING JAYA (July 7): Property developer Sunsuria Bhd (formerly known as Malaysia Aica Bhd) may sell 10% of its 330-acre tract in Sepang to an international education group for as much as RM143.
Retailers cut 2015 growth forecast again but expect modest overall increase in consumer spending
Retail Group Malaysia (RGM) has made a third cut in its retail sales growth forecast for Malaysia this year from 4.
RMAF to be completely relocated by end-2016
KUALA LUMPUR (July 3): The Royal Malaysian Air Force (RMAF) has begun relocating to several locations and is expected to be completed by end-2016, reports The Edge Financial Daily today.
Home prices trend sideways on Johor secondary market
PRICES of homes on Johor Baru’s secondary market remained firm in 1Q2015, according to The Edge-KGV International Property Consultants Johor Baru Housing Monitor for the period.
Claims of housing glut in Iskandar inaccurate, says IRDA
JOHOR BAHRU (July 1): Demand for medium, affordable and low-cost housing in Johor’s Iskandar region remains strong, says Iskandar Regional Development Authority (IRDA) chief executive Datuk Ismail Ibrahim.
Tadmax: Valuation of Pulau Indah land sale to 1MDB not subject to SC approval
KUALA LUMPUR (June 30): Tadmax Resources Bhd clarified today that the valuation of its Pulau Indah land for sale to 1Malaysia Development Bhd (1MDB) was not subject to approval by the Securities Commission Malaysia (SC).
1MDB's Bandar Malaysia eyes consortiums, construction to start as early as 2017
KUALA LUMPUR (June 30): The scale of 1Malaysia Development Bhd's (1MDB) Bandar Malaysia mixed-use development here may require the combined expertise and financial strength of consortiums to ensure its success.
CapitaLand fulfils conditions to buy Johor land
SINGAPORE (June 29): CapitaLand said last Friday that its consortium has fulfilled the conditions required to acquire several land parcels in Danga Bay in Johor, The Straits Times reported.
KSL to start construction of second mall by end-2015
KUALA LUMPUR (June 23): Johor-based property developer KSL Holdings Bhd plans to start the construction of KSL City Mall 2, expected to be one of the largest shopping malls in Klang, by the end of 2015.