BIG DEAL: IOI Properties buys land worth RM1.58 bil from controlling shareholders
KUALA LUMPUR (Oct 20): IOI Properties Group Bhd is acquiring Mayang Development Sdn Bhd and Nusa Properties Sdn Bhd for RM1.
Mall of Emirates developer gets a Green Star
Dubai (Oct 20): Majid Al Futtaim, the leading retailer in Middle East,has achieved the highest “Green Star” status for the second year in a row from the Global Real Estate Sustainability Benchmark (Gresb).
PR1MA mulling project takeovers for affordable housing schemes in Penang, Malaysia
(Oct 20): The federal government's Projek Rumah 1Malaysia (1Malaysia Housing Project) or PR1MA in Penang may see the take over of projects by other developers, Penang Federal Action Council chairman Datuk Seri Zainal Abidin Osman said today.
Mah Sing to launch affordable homes in Rawang
PETALING JAYA (Oct 20): In an initiative to make home ownership more affordable for the lower income group, Mah Sing Group will be hosting an event for members of the public to register their interest in purchasing a unit of Cendana Apartments, a Rumah Selangorku project, at M Residence 2 @ Rawang.
Sungei Wang Plaza to remain a laggard for CMMT
CapitaLand Malaysia Mall Trust (Oct 19, RM1.
Penang signs deal with Aga Khan Trust to manage and develop George Town
GEORGE TOWN (Oct 19): Chief Minister Incorporated (CMI) signed a management collaboration agreement with the Aga Khan Trust for Culture (AKTC) and Think City Sdn Bhd today in Chantilly, France.
MBAM wishes import duties for heavy construction machinery reduced, normalisation of foreign workers
KUALA LUMPUR (Oct 19): Master Builders Association Malaysia (MBAM) hopes to see a greater reduction in import duties for heavy construction machinery as well as a normalisation of foreign workers under the 6P Programme to Temporary Work Permit (PLKS) status, which can be renewed instead of deporting them back, in this Friday's Budget 2016 announcement.
RM30 mil interchange to enhance Negeri Sembilan's Nilai Impian township
NILAI (Oct 16): A new RM30 million interchange was launched during a ceremony today at the Nilai Impian township.
ON THE MARKET: RM2.5 mil for a link house in Kuala Lumpur’s hot Bangsar
PETALING JAYA (Oct 16): A freehold 2½-storey link house at No 66 Jalan Limau Manis is going for an asking price of RM2.
DONE DEAL: 2-storey terraced house, Taman Bukit Serdang, Selangor
DONE DEAL: 2-storey terraced house, Taman Bukit Serdang, Selangor Sold for: RM638,000 Concluded by: Raymond Kwong of Hartamas Real Estate (KD) Sdn Bhd (016-3355152) When: September, 2015 Noteworthy: *Freehold *4-bedrooms and 3-bathrooms *22ft x 75ft land area *1,800 sq ft built-up *Faces north *Extended kitchen Taman Bukit Serdang is a mixed-use development township project developed by Bukit Ciri Sdn Bhd.
