S P Setia to submit hospital site proposal by early 2016
KUALA LUMPUR: S P Setia Bhd, the country’s biggest listed developer by sales, will be submitting its proposal for the old Royal Adelaide Hospital (RAH) site in Australia early next year.
7 inspiring ideas for that empty space under the stairs
WHAT do you do with that empty space under the flight of stairs in your house? The usual answer is to build storage, such as shelves, or place a door over it and turn it into a soon-to-be forgotten storeroom.
Ekovest co-founder Lim is Fiabci’s Property Man
KUALA LUMPUR (Nov 6): The International Real Estate Federation’s Malaysian chapter (Fiabci Malaysia) has named Ekovest Bhd’s co-founder and executive chairman Tan Sri Datuk Lim Kang Hoo Property Man while IJM Land Bhd’s non-executive director and former CEO and managing director Datuk Soam Heng Choon was awarded Property CEO at the 23rd Malaysia Property Awards (MPA) presentation ceremony here tonight.
The trouble with affordable housing supply
PETALING JAYA (Nov 6): The private sector is unable to provide affordable homes at prices on par with Perbadanan PR1MA Malaysia (PR1MA), Rumah Selangorku or other government-backed affordable housing schemes as their land cost and construction cost alone may double the selling prices of these homes, said Knight Frank Malaysia executive director Allan Sim.
EPF invests RM250 mil in industrial development fund
PETALING JAYA (Nov 6): The Employees Provident Fund (EPF) has invested RM250 million into the AREA Industrial Development Fund (AIDF-1), for a 40% share, said EPF CEO Datuk Shahril Ridza Ridzuan at the launch of the fund yesterday.
DONE DEAL: Saville Melawati serviced apartment in Taman Desa Melawati, Kuala Lumpur
Sold for: RM510,000 or RM506 psf Concluded by: Jack Tian of Hartamas Real Estate (OUG) Sdn Bhd (016 434-4681) When: Aug 26 Noteworthy: *1,007 sq ft * Freehold * Serviced apartment * 3 bedrooms, 2 bathrooms * 3.
OSK Property honoured on Forbes Best Under a Billion list
KUALA LUMPUR (Nov 5): OSK Property Bhd has been named on Forbes Asia’s Best Under a Billion 2015 list.
IGB expands hospitality footprint with new Sydney hotel
SYDNEY (Nov 5): IGB Corp Bhd expanded its hospitality operations to Australia with the official opening of The Tank Stream Hotel in Sydney yesterday at an event officiated by Carol Giuseppi, the CEO of Tourism Accommodation Australia.
Penang Rehda: 'Buyers today are saying: "Wow, your price is so high, we cannot buy’."
The Penang Real Estate and Housing Developers Association (Rehda) has called on the state government to look into development charges and various requirements imposed on developers and the industry in view of declining property sales.
First phase of Austin Duta in Johor Bahru now 60% taken up
JOHOR BAHRU (Nov 7): IJM Land Bhd’s new township project, Austin Duta at Mount Austin here, saw the first phase comprising 2-storey terraced houses achieving a take-up rate of about 60%.
