News about alam

KUALA LUMPUR (May 12): Property developer Paramount Corp Bhd saw its net profit plunge 58.

PETALING JAYA (May 6): Property developer S P Setia Bhd will be launching Retusa – which comprises 48 units of 3-storey linked semi-detached houses at Precint 11 of its Setia Alam township tomorrow, Bandar Setia Alam deputy manager Tan Siow Chung told TheEdgeProperty.

Construction firm-turned-property developer Johawaki Development Sdn Bhd will launch Phase 3 of its landed development, Avanti Residences, on May 7.

ENGINEERING company Purcon Group formed its property development arm eight years ago, when it already had 30 years of experience in construction under its belt.

THE controlling shareholders of property developer Magna Prima Bhd are understood to be looking to hive off a large stake of about 30% in the company, sources say.

PETALING JAYA (April 14): Johawaki Development Sdn Bhd is set to launch the third and final phase of its Avanti Residences in Saujana Permai U17, Shah Alam over two days starting May 7.

REFRAINING from judging a book by its cover also applies to houses — some exteriors express the moods within, from kitsch to classic, while others keep their cards close to the chest, revealing little about the lives and styles of the occupants.

PETALING JAYA (April 12): Sime Darby Property Bhd’s Elmina Valley Phase 2, which comprises 2-storey linked homes, saw a take-up rate of 94% since its launch last Saturday.

KUALA LUMPUR (April 6): Titijaya Land Bhd has entered into an agreement with The Ascott Ltd for two of its upcoming property developments located in Penang and Shah Alam, Selangor, which have a collective gross development value (GDV) of RM4.

SHAH ALAM (April 5): The four-star DoubleTree by Hilton i-City Hotel, the second hotel in I-Bhd’s flagship i-City mixed development here, is scheduled to be completed and open for business in 2018.