News about UN

AS land in Kuala Lumpur becomes scarce, more and more developers are shifting towards creating all-in-one lifestyle products.

KUALA LUMPUR (June 20): Sunway Real Estate Investment Trust (REIT) has bought a tract of land measuring 143,225 sq ft (13,306 sq m) adjacent to its Sunway Carnival Shopping Mall in mainland Penang from its parent Sunway Bhd, for RM17.

S P Setia Bhd (June 17, RM3.

FOR Sunsuria Bhd, developing the freehold, 525-acre Sunsuria City in Salak Tinggi has been a journey of faith.

KUANG (June 18): Gamuda Land, the property arm of construction group Gamuda Bhd, aims to launch Kundang Estates residential development in Kampung Baru Kundang, Kuang, at the end of next month, said the developer’s chief operating officer, Ngan Chee Meng.

KUALA LUMPUR (June 17): A total of 5,851 out of 6,534 cases of housing developers who did not abide by the sale and purchase agreement since 2013 to May 31 this year have been settled by the National Housing Tribunal, Bernama reported yesterday.

PUTRAJAYA (June 17): Prime Minister Datuk Seri Najib Tun Razak today witnessed the inking of the memorandum of understanding (MOU) to establish the first Blue Ocean Entrepreneurs Township (BOET) in Bintawa, Kuching, also known as the Borneo744 project, Bernama reported.

KUALA LUMPUR (June 17): CIMB Investment Bank Bhd (CIMB IB) is projecting a limited downside for S P Setia Bhd if the UK votes to leave the European Union (EU).

KUALA LUMPUR (June 17): Sunway Bhd expects to sustain its performance for the current financial year ending Dec 31, 2016 (FY16) despite challenges faced by the property and construction sectors.

KUALA LUMPUR (June 17): The first phase of the Bandar Malaysia project is expected to cost between RM50 billion and RM60 billion, said Iskandar Waterfront Holdings Bhd (IWH) executive vice-chairman Tan Sri Lim Kang Hoo (pictured).