UOA Development lines up RM1.37b worth of new launches for FY18
UOA Development Bhd (Feb 22, RM2.
DONE DEAL: 4-storey bungalow, Jalan Bruas, Damansara Heights, KL
Rented for: RM18,000 Concluded by: Brandon Ann (REN 19897, 012-215 6317) of MIP Properties and Ahmad Firdaus (REN 15800, 016-217 9896) of Nilai Harta Consultant When: December 2017 Noteworthy: ● Freehold ● Land area: 22,200 sq ft ● Built-up area: over 10,000 sq ft ● 9 + 1 bedrooms and 9 bathrooms ● Partly-furnished with water heaters, lamps, kitchen cabinets, ceiling fans, curtains and air-conditioning units ● Facilities include swimming pool, guest house, entertainment hall and garden This large house is in Damansara Heights, an established suburb that features landed homes, office towers, shoplots, and various amenities.
AmFIRST REIT appoints Azlan Baqee as new COO
KUALA LUMPUR (Feb 22): Azlan Baqee Abdullah has been appointed as the new chief operating officer (COO) of AmFIRST Real Estate Investment Trust (AmREIT).
Amalan Setar owns TTDI kindergarten site, say sources
PETALING JAYA (Feb 22): The owner of the site of a kindergarten at Taman Tun Dr Ismail (TTDI) that is at the heart of yet another development controversy in the neighbourhood is Amalan Setar (M) Sdn Bhd, EdgeProp.
BRDB to seek out opportunities in challenging market
KUALA LUMPUR (Feb 22): The property market is expected to be challenging in 2018 and beyond, but opportunities are still out there, said BRDB Developments Sdn Bhd (BRDB) CEO Kajendra Pathmanathan.
Ibraco's planned RM25.5m building sale to major shareholder fair and reasonable, says Kenanga IB
KUALA LUMPUR (Feb 22): The proposed sale of an eight-storey building or 'Building 2' to Ibraco Bhd's major shareholder Hiap Ghee Seng Sdn Bhd (HGS) for RM25.
TTDI residents to unveil ‘new facts’ on court case against DBKL
KUALA LUMPUR (Feb 22): The Taman Tun Dr Ismail Residents’ Association (TTDI RA) will be presenting “new facts” found in the affidavits submitted by DBKL and its related parties.
Save Kuala Lumpur coalition mulls taking DBKL to court
KUALA LUMPUR (Feb 22): THe Save Kuala Lumpur (SKL) coalition is considering court action against Dewan Bandaraya Kuala Lumpur (DBKL) if the latter chooses to ignore SKL’s call to gazette the KL City Plan 2020, which was launched in 2008.
Cagamas issues RM305m papers to purchase home loans
KUALA LUMPUR (Feb 22): Cagamas Bhd has issued RM305 million in three-month Islamic commercial papers (ICP) to fund the purchase of Islamic home financing from the financial system.
UOA posts 45% drop in 4Q net profit, proposes 15 sen dividend
KUALA LUMPUR (Feb 21): UOA Development Bhd's net profit for the fourth quarter ended Dec 31, 2017 (4QFY17) fell 45% to RM191.
