Gamuda confirms JV submitted highest bid for Singapore land
KUALA LUMPUR (Sept 18): Gamuda Bhd confirmed the tender submitted by its wholly-owned subsidiary Gamuda (Singapore) Pte Ltd, jointly with Evia Real Estate Pte Ltd for a 51,411.
REITs expected to be active in greenfield, brownfield projects
Real estate investment trust sector Maintain neutral: There are no surprises for 2QCY18 earnings for real estate investment trusts (REIT).
Sunway, partner win condo site tender in Singapore
KUALA LUMPUR (September 12): Sunway Bhd and a Singapore company have won the tender to develop a 4.
Of affordability and housing cycles
KUALA LUMPUR (Sept 8): Guideline clarity, process transparency and constant engagement with relevant real estate stakeholders.
Mercedes crashes into McDonald's restaurant in PJ
PETALING JAYA (Sept 7): Residents living in the Sunway Mentari area trying to get a spot of breakfast got an early morning shock yesterday when a Mercedes luxury car crashed into the glass front of a McDonald’s.
Datuk threatens to demolish Klang village, claims to act on PM's orders
PETALING JAYA (Sept 6): A Datuk who claimed to be acting on behalf of Prime Minster Tun Dr Mahathir Mohamad had threatened to demolish a village in Klang, reported Free Malaysia Today.
UOA REIT mulls formation of sub-MCs at its properties to avoid disputes
PETALING JAYA (Sept 4): UOA Real Estate Investment Trust (UOA REIT) is considering forming sub-management committees (sub-MCs) for properties held under UOA REIT as this will allow the different components in mixed developments to operate independently and avoid potential disputes.
IGB to directly hold 49% stake in IGB REIT
KUALA LUMPUR (August 31): IGB Bhd is undertaking an internal group reorganisation which will see its 49.