Penang residential overhang more than doubles in 2017
PETALING JAYA (April 17): The residential overhang in Penang (pictured) more than doubled to 3,916 units worth RM3.
Pesona Metro seen poised for good earnings and growth rebound
Pesona Metro Holdings Bhd (April 16, 33 sen) Maintain buy with a target price (TP) of 45 sen.
JLL to launch London’s The Silk District project in KL
KUALA LUMPUR (April 17): London-based property developer Mount Anvil, in a joint venture with London and Quadrant Housing Trust (L&Q), a housing association in the UK, will unveil a new collection of design-led homes in London’s Whitechapel, E1.
HK-listed Country Garden partners Perdana ParkCity to develop HOPSCA project
KUALA LUMPUR (April 16): Hong Kong Stock Exchange-listed property developer Country Garden is collaborating with Perdana ParkCity Sdn Bhd — residential communities and township developer — to establish the hotel, offices, parking, shopping mall, connectivity and apartments (HOPSCA) community in Taman Wahyu here.
MCT to develop 1,400 serviced apartment units in Petaling district
KUALA LUMPUR (April 13): MCT Bhd plans to build some 1,400 serviced apartments on a 9.
UEM Sunrise to undertake RM15b GDV mixed project
KUALA LUMPUR (April 13): UEM Sunrise Bhd has acquired 72 acres of land near a lake garden in Kepong to undertake a mixed commercial development, with an estimated gross development value of RM15 billion.
Ireka to embark on RM1.3b GDV project in Nilai by 2Q
KUALA LUMPUR (April 13): Ireka Corp Bhd is projected to kick-start its Rimbun Kasia development, which has a gross development value (GDV) of RM1.
Sungei Wang Plaza to get ‘glistening gold’ look
KUALA LUMPUR (April 13): Capitaland Malaysia Mall Trust’s (CMMT) 62%-owned Sungei Wang Plaza, which is undergoing an asset enhancement initiative (AEI) is set to transform its current façade to “glistening gold” by mid-2019.
Sg Buaya Felda settlers' land issue resolved
HULU SELANGOR (April 13): The former Sungai Buaya Felda settlers and their descendants have finally resolved their land claims from the Selangor state government.
