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PETALING JAYA (April 8): Sime Darby Property, the property arm of Sime Darby Bhd, is confident of achieving its sales target of RM2.

KUALA LUMPUR (April 8): Eco World International Bhd (EWI) has obtained the approval of the Securities Commission Malaysia (SC) to proceed with its proposed initial public offering (IPO) on the Main Market of Bursa Malaysia Securities Bhd.

Property sector Maintain underweight: On Wednesday, Prime Minister Datuk Seri Najib Razak (pictured) announced the launch of the First Home Financing Scheme (MyDeposit) as tabled in Budget 2016.

KUALA LUMPUR (April 6): Titijaya Land Bhd has entered into an agreement with The Ascott Ltd for two of its upcoming property developments located in Penang and Shah Alam, Selangor, which have a collective gross development value (GDV) of RM4.

PETALING JAYA (April 5): Malaysian Resources Corp Bhd’s (MRCB) unit MRCB Builders Sdn Bhd will build a cold storage processing and distribution hub in Kajang for national retailing chain Giant.

KUALA LUMPUR (April 5): IJM Corp Bhd announced a groundbreaking partnership with Facebook last Friday, to bring the business version of Facebook to its 4,600-odd employees across the group.

PETALING JAYA (April 4): Tan & Tan Developments Bhd’s Desa Kudalari condominium – Malaysia’s first condominium when it was completed over 30 years ago – may break new ground once more as it is likely to become the country’s first strata property to be sold on an en-masse basis.

KUALA LUMPUR (April 4): AmInvestment Bank said it does not preclude the possibility of seeing Peninsular-based contractors being invited to set up joint ventures (JVs) to bid for jobs, after The Edge Weekly reported that UEM Group Bhd, MMC Corp Bhd and Warisan Tarang Construction Sdn Bhd are teaming up for the Sabah portion of the Pan Borneo Highway.

KUALA LUMPUR (April 4): The shift of focus to affordable housing below the RM500,000 per unit range, which has been seeing more resilient demand than higher-end properties, may strain the margins of developers, especially those who are not traditionally involved in this housing category, said Kenanga Investment Bank.

PETALING JAYA (April 1): Acclaimed Iraqi-British architect Zaha Hadid, whose iconic projects include the London Olympics Aquatics Centre, the Bahrain International Circuit and the Beijing New Airport Terminal building has passed away at the age of 65 from a heart attack.