Mah Sing sells lands in Johor to Kimlun for RM36m
KUALA LUMPUR (Dec 28): Kimlun Corp Bhd is buying two freehold tracts in Johor from Mah Sing Group Bhd for RM36.
MRCB sells 70% of property project in Setapak to Lembaga Tabung Haji for RM100.1m cash
KUALA LUMPUR (Dec 27): Malaysian Resources Corp Bhd (MRCB) has entered into agreement with Lembaga Tabung Haji for the pilgrim fund to purchase a 70% stake in 59INC Sdn Bhd, which owns three parcels of land in Setapak for mixed development, for RM100.
TTDI residents seek donation for legal fees
PETALING JAYA (Dec 26): The Taman Tun Dr Ismail Residents’ Association (TTDI RA) and Save Taman Rimba Kiara Working Group are seeking donations from the public to raise funds for the ongoing court case against Dewan Bandaraya Kuala Lumpur (DBKL) and the KL mayor.
Paramount to develop RM1b GDV residential project in PJ's Section 14
KUALA LUMPUR (Dec 22): Paramount Corp Bhd will construct four blocks of high rise residential buildings consisting of 1,600 units, including 20% affordable units, in Section 14 of Petaling Jaya with a projected gross development value (GDV) of RM1 billion.
Developers’ margin woes to stay
KUALA LUMPUR (Dec 22): Property developers may need to brace for a sustained low-margin environment next year as they continue building new affordable homes that are expected to crimp their margins.
TSR Capital bags 6.52-acre Kwasa Damansara project
PETALING JAYA (Dec 21): TSR Capital Bhd today received a letter of award (LoA) from Kwasa Land Sdn Bhd to develop a 6.
Malaysia’s tallest building to be completed in 2Q18
PETALING JAYA (Dec 21): The Exchange 106 at Tun Razak Exchange is poised to be Malaysia’s tallest building once it is completed in 2Q18, according to the New Straits Times.
IOI Properties unit issues first sukuk tranche totalling RM100m
KUALA LUMPUR (Dec 21): IOI Properties Group Bhd's wholly-owned subsidiary Fortune Premiere Sdn Bhd (FPSB) has issued RM100 million sukuk to refinance its debt, fund its capital expenditure and for working capital.
