Econpile bags RM208 mil works contract

KUALA LUMPUR (June 3): Econpile Holdings Bhd has bagged a RM208 million contract to undertake bored piling and pile caps, diaphragm walls and earthworks, as well as foundation and substructure works for a mixed commercial development in Jalan Ampang here.

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DONE DEAL: 2.5-storey villa at Contours, Melawati

Rented for: RM11,000 Concluded by: Matt Tian (REN 01002) of Reapfield Properties KL Sdn Bhd (016-208 5108) When: April 2016 Noteworthy: • Freehold • Built-up: 5,305 sq ft • Land size: 5,500 sq ft • 5 rooms and 6 bathrooms • Leased for two years • Partially furnished with built-in wardrobes, cabinets with appliances for dry and wet kitchen, curtains, fans and air-conditioners, curtains and lights • Has a swimming pool and a spacious garden According to the negotiator, Matt Tian of Reapfield Properties KL Sdn Bhd, this house is owned by a local investor who is renting it out to an expatriate businessman.

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Aset Kayamas obtains RM425m bridging loan from MBSB

KUALA LUMPUR (June 1): Aset Kayamas Sdn Bhd, a privately held property developer, has obtained a RM425 million bridging loan from Malaysia Building Society Bhd (MBSB) for its Park Hill Residence and 1Malaysia Civil Servants Housing (PPA1M) projects in Bukit Jalil here.

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