Country Garden expands landbank in Nanjing

PETALING JAYA (March 10): Chinese property developer Country Garden Holdings has purchased eight pieces of land for its three residential property developments in Nanjing on March 7,  according to a report by Chinese news media.

READ MORE

EcoWorld’s Karisma apartments 85% sold

SEMENYIH (March 9): About 85% of Karisma apartments – a project by Eco World Development Group Bhd (EcoWorld) – were taken up since its launch on Feb 21 this year, according to the company.

READ MORE

GST slowed down launches of commercial units

PETALING JAYA (March 9): The Goods and Services tax (GST) which was introduced in April last year has reduced demand for commercial properties in the market due to the additional 6% cost that buyers have to pay, said Real Estate and Housing Developers’ Association Malaysia (Rehda) deputy president Datuk Soam Heng Choon.

READ MORE

KSK’s Kempinski Hotel at 8 Conlay recognised as Entry Point Project

KUALA LUMPUR (March 9): KSK Land Sdn Bhd’s (KSK Land) Kempinski Hotel at its 8 Conlay development here was recognised by the Ministry of Tourism and Culture (MOTA) as an Entry Point Project (EPP) under the tourism National Key Economic Areas (NKEA) in Malaysia’s Economic Transformation Programme  (ETP).

READ MORE

Total Sports Asia to boost Bukit Jalil sports complex’s value

KUALA LUMPUR (March 9): Total Sports Asia (TSA), a pioneer in the sports marketing industry in Asia, has been appointed by Malaysia Stadium Corporation (PSM) to strategise and oversee the commercialisation of Kuala Lumpur Sports City (KL Sports City), which will include the redevelopment of Bukit Jalil National Sports Complex.

READ MORE