Tropicana Corp expects RM2 bil sales from Tropicana Urban Homes
PETALING JAYA (July 28): Tropicana Corp Bhd expects Tropicana Urban Homes, a new collection of affordable condominiums, to contribute RM2 billion sales in the next two years.
MACC conducts raid on FIC office over Kuching hotel purchase
KUALA LUMPUR (July 28): A dozen Malaysian Anti-Corruption Commission (MACC) officers conducted a raid at Balai Felda, Jalan Gurney at 10am today over Felda Investment Corporation Sdn Bhd's (FIC) purchase of a hotel in Kuching, the New Straits Times reported today.
Tropicana introduces Tropicana Urban Homes for mid-income homebuyers
PETALING JAYA (July 28): Tropicana Corp Bhd has unveiled a new collection of homes dubbed Tropicana Urban Homes to offer more affordable houses to middle-income homebuyers.
Spring Gallery inks concept masterplan deal to develop Melaka plots
KUALA LUMPUR (July 28): Spring Gallery Bhd, which made headlines recently after a RM176 million job it secured last year was cancelled, said its unit has inked a deal to gain the rights to carry on and complete a concept masterplan for a development spanning 216,427 sq m in Melaka that is spread across seven plots of land.
PavREIT to raise RM370.6m to fund RM580 mil Pavilion Elite buy
KUALA LUMPUR (July 28): Pavilion Real Estate Investment Trust (PavREIT), which inked an agreement to buy Pavilion Elite Mall for RM580 million, is planning a private placement to raise RM370.
DONE DEAL: Reflection Residences, Mutiara Damansara, Petaling Jaya
Sold for: RM880,000 (RM805 psf) Concluded by: Justin Tau (REN 18860) of Hartamas Real Estate (OUG) (017-674 3763) When: April 2017 Noteworthy: ● Freehold ● Built-up: 1,092 sq ft ● 3-bedroom and 2-bathroom ● Maintenance fees: 35 sen psf ● Mid floor and facing south ● Partly furnished with kitchen cabinet, hood and hob, four air-cons, water heater, washing machine and dryer ● Facilities: infinity pool, gym, steam room, playground, a BBQ area and a tennis court Located in Mutiara Damansara, Petaling Jaya, Reflection Residences is a newly completed serviced apartment development by Glomac Bhd.
Melawati Mall targets 80% occupancy by year end
PETALING JAYA (July 27): Melawati Mall in Taman Melawati, Kuala Lumpur opened its doors yesterday to serve an estimated 740,000 residents in the surrounding neighbourhoods which include Taman Melawati, Taman Melati, Wangsa Maju, Bukit Antarabangsa, Ukay Heights, and Kemensah Heights.
