Meliá Group expands in Southeast Asia
WHEN Gabriel Escarrer opened his first hotel in Palma de Mallorca, Spain, in 1956, it was the starting point of Meliá Hotels International’s growth.
Encorp to recover land cost in Australia JV
KUALA LUMPUR (Nov 18): Property developer Encorp Bhd stands to receive A$6 million (RM18.
Will slowdown make houses more affordable?
THE extraordinary boom in the property market in Malaysia is ending but high house prices and the middle-class obsession with home ownership are likely to persist for a long time to come.
RM7b Pavilion Damansara project to start in 2Q2016
THE two-phase Pavilion Damansara Heights mixed-use development in Kuala Lumpur, being undertaken by Tan Sri Desmond Lim Siew Choon in partnership with the Canada Pension Plan Investment Board (CPPIB), will have a gross development value of RM7 billion, sources familiar with the project say.
S P Setia buys land in Melbourne for third Australian project
KUALA LUMPUR (Nov 17): Property developer S P Setia Bhd has made its third inroad into the Australian property market with its acquisition of a parcel of land in Melbourne for A$6.
East Coast Expressway Phase 2 concession to be signed by year end
KUALA LUMPUR (Nov 17): The government will sign the concession agreement for the East Coast Expressway Phase 2 (LPT2) by the end of this year, said Deputy Works Minister Datuk Rosnah Abdul Rashid Shirlin (pictured).
Young Malaysian graduates rushing to buy homes out of fear, says Khazanah Research Institute director
Petaling Jaya (Nov 16): Fresh graduates feel compelled to buy property quickly because they fear prices will soon outpace the growth of their income, said Khazanah Research Institute director of research Dr Suraya Ismail.
City Hall gives approval for Damansara 16 project
KUALA LUMPUR (Nov 16): Kuala Lumpur City Hall has given Selangor Dredging Berhad (SDB) the green light to develop the hillslope in Medan Damansara.
Flight attendant changes career to become real estate agent
CAROLYN Chin landed on both feet after her career as an air stewardess.
Encorp ties up with Aussie firm for A$75.41 mil project
KUALA LUMPUR (Nov 13): Encorp Bhd has entered into a joint venture (JV) with an Australian developer to jointly undertake a proposed mixed development in Australia that has an estimated gross development value of A$75.
