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JOHOR BAHRU (Nov 7): IJM Land Bhd’s new township project, Austin Duta at Mount Austin here, saw the first phase comprising 2-storey terraced houses achieving a take-up rate of about 60%.

KUALA LUMPUR (Nov 4): Property developer United Malayan Land Bhd (UMLand) will launch the first integrated halal biotech park in Johor, estimated to carry a gross development value of RM1.

GUANGDONG Debao Land Co Ltd, a property development company based in Guangdong, China, plans to invest in the long abandoned Plaza Rakyat project in Jalan Pudu.

KUALA LUMPUR (Nov 3): Malaysian Resources Corp Bhd (MRCB) has dismissed concerns that the mega projects it is undertaking soon, particularly the rejuvenation of Bukit Jalil National Sports Complex, will strain its cash flow or spike its debt level of 1.

US-based Turner International LLC, with over US$40 million (RM170.

  BANGI (3 Nov): UEM Sunrise Bhd plans to launch Begonia 2-storey terraced homes, the second parcel within the first phase of its Serene Heights Bangi township, this weekend.

KUALA LUMPUR (Nov 3): Phase one of Hua Yang Bhd’s Ridgewood project, comprising 84 units of 3-storey cluster semi-detached houses and six units of 3-storey bungalows, has enjoyed a 73% take-up rate, said assistant general manager Tony Ng in a press release today.

GEORGE TOWN (Nov 3): The Penang government has set up a sub-committee to execute the decisions of the State Commission of Enquiry into the 2013 Second Penang Bridge and Menara Umno disasters.

Property sector Maintain overweight with buy calls on Mah Sing Group Bhd, Malaysian Resources Corp Bhd, Eastern & Oriental Bhd and Titijaya Land Bhd: The Edge weekly reported that the federal government is considering a proposal by the Real Estate and Housing Developers’ Association Malaysia (Rehda) to relax lending guidelines to boost first-home ownership.

THE number of sustainable and green developments in Malaysia has been increasing over the past few years.