MRCB buys DBKL land for RM335.5 mil
KUALA LUMPUR (June 16): Malaysian Resources Corp Bhd (MRCB), which is in the midst of undertaking a rights issue, is buying three parcels of land from Kuala Lumpur City Hall (DBKL) for RM335.
Property price inflexion ahead in S'pore as developer sales stay on track
SINGAPORE (June 15): Maybank Kim Eng is maintaining its “positive” outlook on developer stocks with catalysts from an impending rebound in home prices.
Ascott wins contracts to manage first three lyf properties
SINGAPORE (June 15): The Ascott, CapitaLand’s serviced residence business unit, has won contracts to manage its first three properties under its lyf brand in China and Singapore.
Protasco bags RM174.4 mil infrastructure contract
KUALA LUMPUR (June 15): Protasco Bhd has bagged a RM174.
SunCon aims to break RM2b revenue mark in FY17
SUBANG JAYA (June 15): Sunway Construction Group Bhd (SunCon) is aiming to break the RM2 billion revenue target for the current year, backed by its outstanding order book of RM4.
ARA Asset Management reported to be eyeing stake in Mirvac’s Olderfleet office development
SINGAPORE (June 15): ARA Asset Management has been said to be in line to purchase a half-share of Mirvac’s Olderfleet office development at 477 Collins Street, Melbourne, Australia.
Eco World achieved RM1.7 bil sales as at end-May, on track to hit RM4 bil target
PETALING JAYA (June 15): Eco World Development Group Bhd had achieved total sales of RM1.
Eco World International secured RM1.05 billion sales in first half of FY2017
PETALING JAYA (June 15): Eco World International Bhd (EWI), the overseas property arm of Eco World Development Group Bhd, has achieved RM1.
SPH recast as property play
SINGAPORE (June 15): Entities linked to Singapore Press Holdings Ltd (SPH) and Kajima Development Corp have placed the top bid at a state tender for a 99-year-leasehold mixed commercial and residential site in Bidadari Estate, Singapore.
Top condos in Singapore with en bloc potential
THE sale of Eunosville to MCL Land for S$765.
