Thriven Global unit to sell KL bungalow land at a loss
KUALA LUMPUR (April 12): Thriven Global Bhd says its subsidiary is planning to sell a plot of freehold land here to a real estate firm for RM27.
Mulpha’s cyclone-hit Australian resort closed till mid-2018
KUALA LUMPUR (April 12): Mulpha International Bhd’s resort on the Great Barrier Reef in Australia will be closed till mid-2018 for rectification works following “sufficiently extensive” damage caused by Cyclone Debbie on March 28.
Four Malaysian firms eyeing road projects worth US$1.6 bil in India
KUALA LUMPUR (April 12): The value of the road projects which Malaysian firms are bidding for in India’s Rajasthan state is US$1.
S P Setia tops S’pore’s Toh Tuck site tender bids
An overwhelming 24 bids were submitted for the tender of a residential plot in Toh Tuck Road, the Urban Redevelopment Authority announced at the tender closing yesterday.
Three Sentosa Cove bungalows sold in a week
INTEREST in Sentosa Cove has translated into sales — not just that of the 99-year leasehold condominium units, but the leasehold waterfront bungalows as well.
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.
Perak Corp considering new port with RM57 mil land purchase
KUALA LUMPUR (April 11): Perak Corp Bhd, via its subsidiary Lumut Maritime Terminal Sdn Bhd (LMT), plans to buy four leasehold plots of land in Manjung from Perbadanan Kemajuan Negeri Perak for RM57 million.
Hua Yang to expand on Penang mainland with RM800m GDV projects
SELAYANG (April 11): Hua Yang Bhd plans to expand its presence on Penang mainland by launching another three projects with an estimated combined gross development value (GDV) of RM800 million in the next three years, according to its assistant general manager Tony Ng.
