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KUALA LUMPUR (Aug 10): Affin Holdings Bhd's banking unit Affin Bank Bhd announced today that it is acquiring a tract of land measuring 823,439 sq ft in the Tun Razak Exchange (TRX), to develop its new headquarters, for RM255 million.

PERAK (Aug 10): Hua Yang Bhd has officially launched the first phase of its Seri Andaman homes on Saturday, which is also the group’s first property offering under the government’s MyHome scheme.

PETALING JAYA (Aug 10): The realignment of the Duta-Ulu Kelang Expressway Phase 3 (DUKE 3) is expected to run along the border of the 495-acre Bandar Malaysia development in Sungai Besi, the digitaledge Weekly reported today.

KUALA LUMPUR (Aug 10): The departure of 53, or 18%, of tenants in WCT Holding’s Paradigm Mall has left behind vacancies that have yet to be taken up in the mall’s first wave of tenancy renewals since it opened for business about three years ago the digitaledge Daily reported today.

AT a time when property developers are getting cautious, Meda Inc Bhd is betting all its chips on one item — an RM180 million land acquisition that is projected to generate a gross development value of RM881.

KUALA LUMPUR (Aug 10): Garment maker turned property developer Yong Tai Bhd is banking on the volume of tourists that will come in from China and Singapore to drive its planned tourism-related property projects in Melaka.

EFFORTS to revive a stalled project located on a prized piece of land at the junction of Jalan Ampang and Jalan Sultan Ismail Kuala Lumpur — which was once earmarked for The Grand Duta Hyatt Hotel — appear to have been re-mobilised.

SHOPPING mall operator and property developer EcoFirst Consolidated Bhd, which has planned projects with an estimated gross development value of more than RM2 billion for its landbank, aims to grow its market capitalisation to RM1 billion in the next two to three years.

This is the first in a series of four snapshots on Bukit Jalil.

SUNGAI BULOH (Aug 8): Developers at Sungai Buloh West have forwarded the request to extend public transportation to that area to the authority, according to KLK Land Sdn Bhd’s managing director Datuk David Tan.