Second Setia Alam Starter Homes over 90% sold on launch day
PETALING JAYA (March 22): The second product under Setia Alam’s Starter Homes series — Adina recorded more than 90% of take-up rate on the launch day.
Ijok land case: Company director remanded, the third “datuk” so far
KUALA LUMPUR (March 22): A third “datuk” has been held by the Malaysian Anti-Corruption Commission (MACC) over the sale of land in Ijok to private developers.
Bina Puri and Titijaya re-enter JV to develop Brickfields land
KUALA LUMPUR (March 22): Bina Puri Holdings Bhd and Titijaya Land Bhd have entered into a new joint venture to develop a residential and commercial project on an 11.
Two Malaysians sweep top award at “Asia Young Designers of The Year” 2017/2018
PETALING JAYA (March 22): Two Malaysians were crowned the winners at the Asia Young Designers of the Year 2017/18 at the Asia Young Designer Summit 2017/18, beating entries from 12 other countries including Hong Kong, Taiwan, India, Indonesia, Iran, Japan, Pakistan, Philippines, Singapore, Sri Lanka, Thailand and Vietnam.
Forest City sales fell 20% in 2017 on Chinese capital limits
PETALING JAYA (March 22): Country Garden Holdings Co Ltd’s Forest City (pictured) development in Johor saw its sales fall by 20% in 2017 to 8 billion yuan (US$1.
80-storey serviced apartment towers coming up near Bukit Nanas forest reserve
PETALING JAYA (March 22): A mixed-use, high-rise development including two 80-storey serviced apartment towers will be built on a 7.
REITs’ unusual sell-off fever
KUALA LUMPUR (March 22): Half of the 18 locally listed real estate investment trusts (REITs) saw a drop in their share price yesterday, raising average dividend yields again by another 0.
Country Garden Holdings achieves record sales in China in FY17
PETALING JAYA (March 22): Country Garden Holdings Co Ltd saw its contracted sales rise 78.
Govt to amend hereditary land law
PETALING JAYA (March 22): The government has proposed to amend the Small Estates (Distribution) Act 1955 (Act 98) to enable the distribution of hereditary land without inheritance agreements, instead allowing the land administrator to decide according to the “majority rule” method, reported Bernama.