First phase of IJM Land’s Nexus in Seremban 2 township 80% taken up
Phase one will consist of 166 shops, with 147 units being two-storey shop offices and the remaining 19 units shop office units with sub-basement car parks.
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DBKL: No addition of rooms, internal walls in residential, commercial buildings with strata status
Tan Kian Aun, president of Malaysian Institute of Estate Agents: While property investors want to maximise their returns on investment, we also need to take into consideration of safety and also overcrowding of the apartment.
UEM Sunrise unit buys 1.22-acre Perth land for RM66m to build apartments
The group has been actively looking into investing in Perth for some time due to the city’s strong fundamentals underpinning the economy, a lower housing entry point and some of the best prospects for capital gains in Australia.
Axteria proposes yet another private placement to fund property development
In the latest private placement exercise, the large bulk of the proceeds raised (RM9.
Berjaya Land appoints Abang Jo's son as independent director
Abang Abdillah Izzarim Abang Abdul Rahman Zohari, 45, is the son of Sarawak Premier Tan Sri Abang Abdul Rahman Zohari Abang Openg, more popularly known as Abang Johari or Abang Jo.
Rapid Synergy’s unit disposes of two pieces of land in Sitiawan for RM16m cash
The company stands to incur a gain of approximately RM7.
Majuperak sells back 51% stake in property developer after project fails to achieve sales target
Majuperak is selling back the stake in Nexusbase Development Sdn Bhd to the vendor at the original sum of RM12.
CIDB launches IBS Homes Catalogue and IBS Homes Showhouses initiative
CIDB chief executive officer Datuk Ahmad ‘Asri Abdul Hamid: The launch of IBS Homes and IBS Homes Catalogue marks a turning point in the construction industry.
Lion Industries scraps plan to buy 80-acre Sepang land
The group said its wholly-owned subsidiary LLB Bina Sdn Bhd has signed a deed of mutual termination with the land owner, Premier Land Resources Sdn Bhd, to terminate the agreement in relation to the acquisition entered in January last year.
The REAL deal: Urban redevelopment key to sustainable cities
Malaysian regulations on redevelopment and, by extension, en bloc sales, must change, quickly.
