EcoWorld eyes more Batu Kawan land
PETALING JAYA (Feb 29): Eco World Development Bhd (EcoWorld) is acquiring a 300-acre leasehold parcel in Mukim 13, Seberang Perai, owned by Batu Kawan Development Sdn Bhd (formerly Abad Naluri Sdn Bhd).
Mah Sing targets RM2.3 billion sales this year
PETALING JAYA (Feb 26): Property developer, Mah Sing Group Bhd announced a sales target of RM2.
Cornerstone to launch London student accommodation
KUALA LUMPUR (Feb 26): Real estate investment consultancy Cornerstone International Properties is launching London Spring Place (LSP), a new phase of a London purpose-built student accommodation project, in Malaysia tomorrow despite the poor local economic sentiment.
Second tower of The Tamarind 80% sold
PETALING JAYA (Feb 26): The second tower of The Tamarind executive apartments in Penang by Eastern & Oriental Bhd (E & O) is 80% sold since its launch in late-2015, the group said in a press statement.
Paramount sets higher sales target for 2016 despite slowdown
KUALA LUMPUR (Feb 26): Paramount Corp Bhd, which saw its full-year 2015 net profit climb 8.
Group warns of Gurney Wharf’s potential environmental impact
GEORGE TOWN (Feb 25): The new Gurney Wharf seafront unveiled by the Penang government has the potential to cause a devastating environmental impact elsewhere, according to the Consumers’ Association of Penang (CAP) and Sahabat Alam Malaysia (SAM).
Paramount to double property launches in 2016 to RM770m
KUALA LUMPUR (Feb 25): Paramount Corp Bhd is doubling its property launches this year to RM770 million, from RM313 million in 2015, and aiming to have RM480 million new sales for the financial year ending Dec 31, 2016 (FY16).
Chief minister to answer public queries on Gurney Wharf
GEORGE TOWN (Feb 24): Penang is currently taking feedback from the people about the landscaping and design of the new-look Gurney Wharf, chief minister Lim Guan Eng (pictured) said today.
Prove claim demolished building was Raffles residence, says Penang mayor
GEORGE TOWN (Feb 24): Penang Island City Council (MBPP) today reiterated that it had no records to show that a building demolished on the Runnymede property in George Town was the home of Singapore founder Sir Thomas Stamford Raffles.
Ideal Sun City aims to secure 3 contracts worth RM40m in next 6 months
GEORGE TOWN (Feb 24): Property management service provider Ideal Sun City Holdings Bhd aims to secure three contracts worth up to RM40 million in total in the next six months, propelling its transfer to the Main Board on Bursa Malaysia in a year's time.
