News about S

PERAK (Aug 10): Hua Yang Bhd has officially launched the first phase of its Seri Andaman homes on Saturday, which is also the group’s first property offering under the government’s MyHome scheme.

PETALING JAYA (Aug 10): The realignment of the Duta-Ulu Kelang Expressway Phase 3 (DUKE 3) is expected to run along the border of the 495-acre Bandar Malaysia development in Sungai Besi, the digitaledge Weekly reported today.

AT a time when property developers are getting cautious, Meda Inc Bhd is betting all its chips on one item — an RM180 million land acquisition that is projected to generate a gross development value of RM881.

EFFORTS to revive a stalled project located on a prized piece of land at the junction of Jalan Ampang and Jalan Sultan Ismail Kuala Lumpur — which was once earmarked for The Grand Duta Hyatt Hotel — appear to have been re-mobilised.

SHOPPING mall operator and property developer EcoFirst Consolidated Bhd, which has planned projects with an estimated gross development value of more than RM2 billion for its landbank, aims to grow its market capitalisation to RM1 billion in the next two to three years.

This is the first in a series of four snapshots on Bukit Jalil.

  They can sell more than they did a year ago, says MIP Properties Sdn Bhd senior negotiator Chong Teck Seng.

SUNGAI BULOH (Aug 8): Developers at Sungai Buloh West have forwarded the request to extend public transportation to that area to the authority, according to KLK Land Sdn Bhd’s managing director Datuk David Tan.

GEORGE TOWN (Aug 8): The Penang state government will allow applicants of affordable housing units to select affordable housing projects in the state, following suggestions from property players for the move.

SHAH ALAM (Aug 8): Naza TTDI Sdn Bhd continues to strengthen its business presence with the opening of its new head office, Menara Naza TTDI in Section 13, Shah Alam yesterday.