News about d

GLOBAL real estate assets under management (AUM) totalled US$2.

PENANG-based developer New Bob Group is building the first green condominium in Seberang Perai.

•    Today, we continue our focus on Tropicana and Sunway Damansara by looking at average prices on a per square foot (psf) basis.

KUALA LUMPUR (June 14): Consortium Zenith BUCG Sdn Bhd (CZBUCG) has yet to receive RM100 million for the feasibility studies and detailed design work completed thus far for the RM6.

KUALA LUMPUR (June 14): Crest Builder Holdings Bhd’s unit Crest Builder Sdn Bhd has clinched a construction contract from Sime Darby Bhd’s unit Sime Darby Melawati Development Sdn Bhd worth RM438.

S P Setia Bhd does not fit the profile of a company in search of funding on the open market, not with the strength of its balance sheet and cash flow.

•    Properties in Tropicana and Sunway Damansara fall primarily in the upper-middle segment.

PETALING JAYA (June 13): LGB Properties (M) Sdn Bhd, a subsidiary of LGB Group, is planning a mixed-use development on a parcel in Virginia Park, Section 13 here that is currently occupied by British American Tobacco (M) Bhd’s (BAT) factory, said LGB Group director Lim Chin Sean.

PEKAN, PAHANG (June 12): UDA Holdings Bhd (UDA) wants to open a couple of new hotels under its Ancasa brand in the next half decade, according to a report from Bernama.

KUALA LUMPUR (June 13): Melaka-based furniture maker Len Cheong Holding Bhd, which has just chalked up six months of profit on foreign-exchange (forex) gains and improved sales after over five quarters in the red during which overseas demand declined for its rubberwood furniture, may appear to have curious timing to observers.