News about Melbourne

PETALING JAYA (Oct 6): S P Setia Bhd’s 650 sq m luxury penthouse atop its Sapphire By The Gardens has taken the title of Melbourne’s most expensive apartment for sale, with a A$29 million (RM95.

MELBOURNE (Oct 6): Employees Provident Fund Malaysia (EPF) is looking at investing in more logistics assets to generate long-term stable yield to the company, said its CEO Datuk Shahril Ridza Ridzuan.

MELBOURNE (Oct 5): Melbourne Square, a joint-venture development between OSK Property Holdings Bhd and the Employees Provident Fund (EPF) Malaysia, will begin its groundwork in November this year and the first phase is slated to complete by end-2020.

PETALING JAYA (Sept 30): Coming up at the junction of Power Street and Kavanagh Street in Southbank is Melbourne Square, touted by its developer OSK Property Bhd as the largest mixed-use  development approved in the greater CBD of Melbourne thus far.

UEM Sunrise Bhd (Aug 24, RM1.

KUALA LUMPUR (Aug 23): UEM Sunrise Bhd's net profit for the second quarter ended June 30, 2017 increased 73% to RM94.

KUALA LUMPUR (Aug 18): S P Setia Bhd's RM4 billion new property sales target for 2017 is achievable as first half sales had exceeded RM2 billion, according to Hong Leong Investment Bank Bhd and RHB Research Institute Sdn Bhd.

KUALA LUMPUR (Aug 16): Melbourne is ranked the world’s most liveable city for the seventh year by Economist Intelligence Unit’s annual Liveability Index.

SINGAPORE (July 25): Frasers Property Australia says it is developing over A$190 million (RM645 million) worth of new assets in terms of end-asset value in The Key Industrial Park and West Park Industrial Estate in Melbourne’s Keysborough district and Truganina city, respectively.

UALA LUMPUR (July 21): Property developer UEM Sunrise Bhd has launched its third development in Melbourne, Australia — a luxury residential project with a gross development value (GDV) of RM1.