TA Global completes Canada JV stake sale
KUALA LUMPUR (June 12): TA Global Bhd has completed the sale of its 65% stake in a Canadian property development joint venture (JV) for RM69.
1MDB eyeing 'equity investors' for Bandar Malaysia
KUALA LUMPUR (June 12): 1Malaysia Development Bhd (1MDB) will launch a request for proposal (RFP) for Bandar Malaysia here in the next two weeks to select equity investors for the planned real estate project.
London property market expected to pick up
DUBAI (June 12): London house prices are expected to increase between 2% and 3% this year, and likely approach 18% to 20% in the next five years, according to global real estate services company, Cluttons LLP.
CIDB to increase IBS training to cap foreign labour dependency
KUALA LUMPUR (June 12): The Construction Industry Development Board (CIDB) plans to increase training for the use of the Industrialised Building System (IBS) to cap the country’s foreign labour dependency at 15% by 2020.
Potential awaits in Dutamas
DUTAMAS is an upcoming, upscale neighbourhood in Kuala Lumpur flanked by Mont’Kiara and Segambut.
Daiwa-Sunway JV to build prefab homes worth RM210 mil
KUALA LUMPUR (June 12): Daiwa House Malaysia Sdn Bhd, a subsidiary of Japan’s largest prefabricated homebuilder Daiwa House Industry Co Ltd, has entered into a joint venture with Sunway Bhd’s unit Sunway Iskandar Bhd (SISB) to construct 100 prefabricated homes in Iskandar Malaysia, Johor, with a gross development value of RM210 million.
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LBS’ BSP21 records 60% take-up rate
PETALING JAYA (June 12): LBS Bina Group Bhd’s BSP21 project has recorded a 60% take-up rate since its soft launch in December last year.
KL’s low-cost housing system needs revamp, says adviser
KUALA LUMPUR (June 11): Kuala Lumpur City Hall advisory board member Datuk P.
PROPERTY SNAPSHOT What’s hot in Dutamas?
• Today we look at price growth and indicative asking rental yields for non-landed residences in the Dutamas area.
