News about Shah Alam

THE controlling shareholders of property developer Magna Prima Bhd are understood to be looking to hive off a large stake of about 30% in the company, sources say.

PETALING JAYA (April 14): Johawaki Development Sdn Bhd is set to launch the third and final phase of its Avanti Residences in Saujana Permai U17, Shah Alam over two days starting May 7.

REFRAINING from judging a book by its cover also applies to houses — some exteriors express the moods within, from kitsch to classic, while others keep their cards close to the chest, revealing little about the lives and styles of the occupants.

KUALA LUMPUR (April 6): Titijaya Land Bhd has entered into an agreement with The Ascott Ltd for two of its upcoming property developments located in Penang and Shah Alam, Selangor, which have a collective gross development value (GDV) of RM4.

SHAH ALAM (April 5): The four-star DoubleTree by Hilton i-City Hotel, the second hotel in I-Bhd’s flagship i-City mixed development here, is scheduled to be completed and open for business in 2018.

WCT Holdings Bhd (April 1, RM1.

PETALING JAYA (April 1): In light of high loan rejection rates experienced by many homebuyers recently, Huttons One World Sdn Bhd real estate group executive director Daniel Goh said it is likely because youths may be focusing too much on getting their dream home in the perfect location when they should be focusing on getting their house loans approved first.

KUALA LUMPUR (March 15): Mah Sing Group Bhd, the country’s second-largest property developer by sales value, said it will discuss with Great Doctrine (M) Sdn Bhd to renegotiate the terms of the sale and purchase agreement (SPA) for the proposed acquisition of a 85.

KUALA LUMPUR (March 14): I-Bhd unveiled its high-end 8 Kia Peng residences – its first project outside its flagship 72-acre i-City “ultrapolis” development in Shah Alam – in the city centre, which has a gross development value (GDV) of RM1 billion.

PETALING JAYA (March 11): Best Western Plus Kuching – international hotel operator Best Western Hotels & Resorts’ first foray into Sarawak’s capital – is expected to open in 2018, it said in a press release today.