Zenith picks up BUCG’s stake in consortium
GEORGE TOWN (Sept 8): Consortium Zenith BUCG Sdn Bhd (CZBUCG) has decided not to look for a new shareholder to replace Beijing Urban Construction Group Co Ltd (BUCG) in the RM6.
Property owners seek clarity on land valuations by JPPH
PETALING JAYA (Sept 6): Some residential bungalow owners along Jalan Gasing in Petaling Jaya are puzzled with the disparity in the valuations done on their properties by private valuers, and those done by the Valuation and Property Services Department (JPPH).
MRCB group MD wins award at Pangkor Dialogue 2016
KUALA LUMPUR (Sept 6): Malaysian Resources Corp Bhd (MRCB) group managing director Tan Sri Mohamad Salim Fateh Din has been recognised as “Property Icon of the Year” at the Pangkor Dialogue Awards 2016.
S P Setia ready for next phase of growth
S P Setia Bhd is now on a sound financial footing after weathering a storm of challenges in the past two to three years, including changes to its management and shareholding structure, and an exodus of staff members in 2014.
SkyLuxe project in Bukit Jalil expected to be sold out by year-end
BUKIT JALIL (Sept 5): SkyWorld Development Sdn Bhd is expecting its latest high-rise residential development SkyLuxe on the Park @ Bukit Jalil (SkyLuxe) to be fully sold within this year, said its executive director and chief operating officer Lee Chee Seng.
Affordable housing challenge
KUALA LUMPUR (Sept 5): Amid slowing demand and deteriorating profits, it seems now is a good time for housing developers — who are accused of being only interested in higher-end properties — to switch their focus to affordable housing, demand for which far outstrips supply.
Exsim to launch its biggest project by year end
Established as a timber company back in 2002, Exsim Group of Companies ventured into property development in 2009, focusing on residential, commercial and industrial projects in the Klang Valley.
BBCC, rejuvenating the city centre
RECALLING the olden days when Bukit Bintang used to be the entertainment centre of Kuala Lumpur, chief executive officer of BBCC Development Sdn Bhd Datuk Richard Ong said its Bukit Bintang City Centre (BBCC) development can rejuvenate the city centre once again as an entertainment hub.
Melaka Gateway developer ropes in China state firm
KUALA LUMPUR (Sept 2): KAJ Development Sdn Bhd, the master developer of Melaka Gateway, a 1,366-acre (552.