Maybank sued for ‘thwarting’ luxury Tribeca condo tower

NEW YORK (June 11): The developer of a 43-story luxury condo building in Manhattan’s Tribeca neighborhood sued Malaysia’s biggest bank for reneging on agreements to provide more than US$162 million (RM689 million) in syndicated construction loans and “effectively thwarting” the project, Bloomberg reported today.

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Gamuda Land says Singapore JV project OLA oversubscribed

KUALA LUMPUR (March 20): Gamuda Bhd’s property arm Gamuda Land said today that its 548 unit executive condominium joint venture (JV) project known as OLA (pictured) in Singapore has been oversubscribed, after receiving 1,163 electronic applications from interested buyers.

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