Matrix plans RM56.9 mil purchase in Port Dickson to expand landbank

Aug 04

KUALA LUMPUR (Aug 4): Matrix Concepts Holdings Bhd plans to buy 21 parcels of land in Port Dickson for RM56.

Ascott to invest S$170.3 mil in Funan’s serviced residence component

Aug 04

SINGAPORE (Aug 4): CapitaLand’s wholly-owned unit, The Ascott, will invest S$170.

China curbs impact Forest City's homes sales

Aug 07

KUALA LUMPUR (Aug 4): Country Garden Holdings will find it hard to match last year’s home sales at its Forest City development in Johor following China’s curbs on outbound investment, a top executive told Reuters today.

S P Setia delivers Rumah Mampu Milik Johor at Setia Business Park 2

Aug 04

JOHOR BAHRU (Aug 4): The balloting for S P Setia Bhd’s Rumah Mampu Milik Johor (RMMJ) at Setia Business Park 2 today saw a turnout of almost 1,000 people.

Fajarbaru up 2.15% on launching maiden residential project

Aug 04

KUALA LUMPUR (Aug 4): Shares of Fajarbaru Builder Group Bhd rose 2.

Never an oversupply of shopping malls

Aug 04

KUALA LUMPUR (Aug 4): There is never an oversupply of shopping malls, said Persatuan Pengurusan Kompleks (PPK) Malaysia adviser Richard Chan, an opinion that differs from the general belief.

Developers facing difficulties complying with SMA/SMR

Aug 04

PETALING JAYA (Aug 4): Developers are finding it difficult to comply with the requirement under the country’s stata management laws, such as the Strata Management Act 2013 (SMA), to submit the number of share units in a development when submitting their strata plans to the authorities.

Rail theme still main construction sector driver in 2H17

Aug 04

Construction sector Maintain overweight: Public transport operator Prasarana Malaysia Bhd has awarded the light rail vehicle (LRV) package for the light rail transit 3 (LRT3) to a consortium comprising CRRC Zhuzhou Locomotive Co Ltd, Siemens Ltd China, and Tegap Dinamik Sdn Bhd, according to news reports yesterday.