Medini Iskandar Malaysia appoints new MD/CEO
PETALING JAYA (April 11): Medini Iskandar Malaysia Sdn Bhd has appointed Dr James Tee (pictured) as its new managing director and CEO with effect from April 10, 2017 according to a press statement today.
Singaporeans account for 24% of Gramercy Park buyers to date
SINGAPORE (April 11): City Developments Ltd (CDL) has announced positive sales for its 174-unit luxury freehold residential development thus far, with average sales prices ranging from over S$2,600 (RM8,205) to S$2,800 per sq ft.
Some developers in Negeri Sembilan not required to build affordable houses worth RM80,000
SEREMBAN (April 11): Housing developers in Negeri Sembilan undertaking projects of two hectares or less are not required to build affordable houses worth RM80,000 per unit.
Novum @ Bangsar South records 90% take-up rate
KUALA LUMPUR: (April 11): Novum @ Bangsar South, Kedah-based Eupe Corp Bhd’s maiden project in Kuala Lumpur has recorded a take-up rate of about 90% since the condominium’s launch about a year ago.
Construction industry to grow by 8% this year, says CIDB
KUALA LUMPUR (April 11): The Malaysian construction industry is expected to grow by 8% in volume this year, underpinned by ongoing mega infrastructure projects, Construction Industry Development Board (CIDB) said.
Profit of S$2.15 million at High Point
ON March 17, a 2,885 sq ft unit at High Point in prime District 9 was sold at a S$2.
Tuan Sing to buy Sime Darby Centre for S$365 mil
SINGAPORE (April 10): Property group Tuan Sing Holdings is purchasing Sime Darby Centre for S$365 million (RM1.
Carey Island port city plans augur well for A&M Realty
KUALA LUMPUR (April 10): Malaysia’s plans for a maritime city on Carey Island, Selangor, have gained momentum after Prime Minister Datuk Seri Najib Razak’s visit to India last month.
Retirement villages have untapped potential in Asia
BESIDES urban regeneration of mixed-use integrated developments, Australian property giant Lendlease has also ventured into senior living, or retirement villages.
Lendlease to play on its strengths as master developer of large-scale regeneration projects
AUSTRALIAN property giant Lendlease’s maiden residential project in Singapore, the 429-unit Park Place Residences at Paya Lebar Quarter (PLQ), saw 215 units (50%) sold on the first day of sales on March 25.
