Expanding workforce a growth catalyst
WITH its vibrant economy and rising property prices, Sarawak’s capital city Kuching is well positioned to become the state’s most popular residential destination for investors and owner-occupiers.
Charges and payables by strata building owners
SERVICE charges are a monthly pain to many, especially those who live in strata buildings be they condominiums, serviced apartments, small office home offices (SOHOs) or others.
Salcon ventures into Australia with planned A$230m residential project
KUALA LUMPUR (July 1): Salcon Bhd is buying a plot of freehold commercial plot in Australia, together with a car park and a two-storey office building erected on it, for A$37.
MK Land eyes development of new industrial area at Beriah Valley
BAGAN SERAI (June 30): MK Land Holdings Bhd is planning to develop a new industrial area at Beriah Valley, Alor Pongsu, near here, Bernama reported today.
Penang rebuts claim it owes CZBUCG RM100m in feasibility studies fees
GEORGE TOWN (June 30): The Penang government yesterday rebutted Consortium Zenith BUCG Sdn Bhd’s (CZBUCG) claim that the latter has yet to receive RM100 million as payment for the feasibility studies and detailed design work the consortium had completed so far for the RM6.
Wish list to new housing minister
PETALING JAYA (June 29): The National House Buyers’ Association (HBA) hopes that the new Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar will encourage greater home ownership.
E&O: No negative impact from Brexit on our UK properties
KUALA LUMPUR (June 29): Property developer Eastern & Oriental Bhd (E&O) said Brexit will not negatively impact the total net realisable value of the group’s properties in the United Kingdom.
Mapletree Logistics Trust to acquire Shah Alam warehouse for S$53.2m
SINGAPORE (June 29): The manager of Mapletree Logistics Trust (MLT) is acquiring a warehouse facility in Malaysia at a purchase consideration of RM160 million from its sponsor, Mapletree Investments.
S P Setia still positive on Battersea despite Brexit
KUALA LUMPUR (June 29): S P Setia Bhd is still positive on the long-term prospects of Battersea Power Station and remains committed to the development of the entire project, which is expected to be fully developed by 2025, despite the short-term uncertainty in the aftermath of Brexit.
GEM Residences 55% sold
PETALING JAYA (June 28): The GEM Residences condominium jointly developed by Gamuda Land, Evia Real Estate and Maxdine Pte Ltd, in Toa Payoh, Singapore, has achieved a take-up rate of 55% since its launch on May 28, said Gamuda Land in a statement today.
