Southern Marina Residences officially launched
PETALING JAYA: A total of 236 condominium units at the Southern Marina integrated development in Nusajaya, Johor will be released for sale this weekend.
NGO wants probe into Mara’s three other Australian property buys
KUALA LUMPUR (June 24): The government should probe Majlis Amanah Rakyat (Mara)'s three other property purchases in Australia if allegations of kickbacks in its purchase of Dudley Intenational House apartments has basis, the National Oversight and Whistleblowers (NOW) said today.
We started investigating Melbourne deal two months ago, says Mara chairman
KUALA LUMPUR (June 24): Mara began investigations into the multi-million ringgit purchase of a hostel in Melbourne by one of its subsidiaries two months ago, way before the matter was highlighted by an Australian newspaper, Mara chairman Tan Sri Annuar Musa said today.
Strong demand for affordable housing in Penang, says analyst
GEORGE TOWN (June 23): The demands for affordable housing priced between RM200,000 and RM400,000 remained high, so there is no danger of oversupply anytime in the future, said Raine & Horne International Zaki + Partners Sdn Bhd’s senior partner Michael Geh (pictured).
Regus opens first centre in Brunei
KUALA LUMPUR (June 22): Global workspace provider Regus opened its first centre in Bandar Seri Begawan, Brunei Darussalam’s capital, on June 15.
Eco World rises 5.4% on plans to list EWI via market capitalisation route, bullish outlook on sales
PETALING JAYA (June 18): Eco World Development Group Bhd (Eco World) shares rose 8 sen or 5.
Axis REIT’s occupancy rate to improve in second half
Axis Real Estate Investment Trust (June 17, RM3.
Boustead to dispose of Johor land for RM94.22 mil
KUALA LUMPUR (June 17): Boustead Plantations Bhd is disposing of eight parcels of freehold land totalling 159.
Insider Asia’s Stock Of The Day: Crescendo Corporation
CRESCENDO CORPORATION BHD PROPERTY stocks may under-perform in the near to medium term, following cooling measures, weak consumer confidence and oversupply concerns, including in Iskandar Malaysia (IM).
Daiwa-Sunway JV to build prefab homes worth RM210 mil
KUALA LUMPUR (June 12): Daiwa House Malaysia Sdn Bhd, a subsidiary of Japan’s largest prefabricated homebuilder Daiwa House Industry Co Ltd, has entered into a joint venture with Sunway Bhd’s unit Sunway Iskandar Bhd (SISB) to construct 100 prefabricated homes in Iskandar Malaysia, Johor, with a gross development value of RM210 million.
