Meliá Hotels International adds two new hotels in Malaysia
PETALING JAYA (Sept 11): Meliá Hotels International will be adding two more hotels to its Malaysian portfolio -- five-star Meliá Iskandar Malaysia and four-star INNSIDE Iskandar Johor.
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Four bidders shortlisted for Bandar Malaysia project
KUALA LUMPUR (Sept 11): Four companies and/or consortia have been shortlisted and approved by 1Malaysia Development Bhd (1MDB) as potential development partners to develop the 486-acre Bandar Malaysia in Kuala Lumpur.
S P Setia 3Q net profit up
PETALING JAYA (Sept 11): S P Setia Bhd’s net profit for the third quarter ended July 31, 2015 (3QFY15) jumped 153% to RM261.
Sunsuria’s The Forum enjoys good take-up
SHAH ALAM (Sept 11): The offices and shop lots at Sunsuria Bhd’s The Forum @ Sunsuria Seventh Avenue in Setia Alam have been 50% taken up since being launched in July.
Make it compulsory to build green buildings
KUALA LUMPUR (Sept 11): The authorities have been urged to give mandates to developers to build sustainable buildings as the country aims to transform its town centres into smart cities, said panelists at the “Smart Cities: Tackling Urbanisation and Climate Change” forum yesterday.
Blueprint to transform the construction industry by 2020
KUALA LUMPUR: The Construction Industry Transformation Plan (CITP), which aims to create industry players that can compete in the international arena while being sustainable at home, was launched yesterday by prime minister Datuk Seri Najib Tun Razak.
DONE DEAL: Tiffani Kiara, Mont’Kiara, Kuala Lumpur
Sold for: RM1,200,000 (RM748psf) Concluded by: Raphael Wong of Real Estate Finders (016-233 5485) When: April, 2015 Noteworthy: * 1,604 sq feet * 3+1 bedrooms, 3 bathrooms * Freehold * Developed by Ireka Corp Bhd * Completed in 2009 * 2 blocks * 399 units * Block A (9 units per floor), Block B (3 units per floor) * Mid floor * Stunning view of KLCC * Fully furnished * 2 car parks * 0.
OSK Holdings maintains listing status of PJD
KUALA LUMPUR (Sept 10): OSK Holdings Bhd (OSKH) said it has successfully completed the takeover of PJ Development Holdings Bhd (PJD), with a 89.
Bangalore hits all time high in unsold property inventory
BANGALORE (Sept 10): Bangalore's residential property inventory overhang hit new peaks at 32 months, with more than 84,000 unsold housing units by the end of 2Q15, reported JLL India.
GRSB to redevelop land in Seberang Perai
PETALING JAYA (Sept 10): GUH Realty Sdn Bhd (GRSB), a unit from GUH Holdings Bhd has entered into a sale and purchase agreement (SPA) with Leader Holdings and vendor Thow Gooi Chee to acquire the land measuring 4.
