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BDB targets new launches worth RM1.25 bil in Kedah, Perak for 2017
PETALING JAYA (Feb 8): Kedah-based property developer Bina Darulaman Bhd (BDB) will be launching new projects worth up to RM1.
38% of Australian residential development site sales in 2016 bought by Chinese
PETALING JAYA (Feb 8): Chinese developers and investors have bought a total US$1.
Gabungan AQRS sells land for RM55.69 mil
KUALA LUMPUR (Feb 7): Gabungan AQRS Bhd’s wholly-owned subsidiary Nusvista Development Sdn Bhd is selling its leasehold land in Mukim Sungai Buloh, Petaling Jaya for RM55.
Wing Tai Holdings earnings grow 3% to S$3.2 mil for 1H2017
SINGAPORE (Feb 6): Singapore-listed developer Wing Tai Holdings Ltd reported earnings of S$3.
DONE DEAL: Light industrial lot in Bayan Lepas, Penang
Rented for: RM20,000 a month Concluded by: Jerome Eng Sitt Tatt (E 2316) of CBD Properties (Penang) Sdn Bhd (012-419 9298) When: October 2016 Noteworthy: ● Leasehold ● 1.
Oxley incorporates JVCo in Cyprus to undertake property development
SINGAPORE (Feb 2): Oxley Holdings says wholly-owned subsidiary, Oxley Holdings (Cyprus), and Planetvision Properties (CY) have incorporated a joint venture company, Oxley Planetvision Properties, in Cyprus.
MUFI building America’s first sustainable urban ‘agrihood’
THE Michigan Urban Farming Initiative (MUFI) is developing America’s first sustainable urban “agrihood” in Detroit’s lower North End, with agriculture as the foundation of a mixed-use development.
Hua Yang’s Meritus Residensi achieves 34% take-up rate during official launch
PETALING JAYA (Jan 31): Hua Yang Bhd’s maiden project in Penang, Meritus Residensi, has recorded a 34% take-up rate as of today since the project’s introduction last November, said the developer in a statement.
Hua Yang expects northern projects to contribute up to 30% of FY18 revenue
BUTTERWORTH (Jan 31): Property developer Hua Yang Bhd expects its northern region projects to contribute up to 30% to its revenue for its year ending March 31, 2018 (FY18).
CapitaLand Retail China Trust raised to ‘buy’ by DBS on overdone fears
SINGAPORE (Jan 31): DBS Group Research has upgraded CapitaLand Retail China Trust (CRCT) to “buy” from “hold” with S$1.
