UEM Sunrise, WCT to undertake RM3b property project
KUALA LUMPUR (Dec 1): UEM Sunrise Bhd and WCT Holdings Bhd plan to undertake a RM3 billion mixed-property project in Serendah, Selangor, under a proposed equally-owned joint venture (JV).
Johor’s financial help for affordable housing inadequate, says rep
JOHOR BAHRU (Dec 1): The state’s RM3 million budget to help Johoreans buy their own homes is underfunded, Opposition assemblyman Ee Chin Li (DAP-Tangkak) has said in response to Housing and Local Government chairman Abd Latiff Bandi’s winding up speech on the Supply Enactment 2016 at the State Assembly session on Sunday.
Negeri Sembilan not ready to declare Seremban a city, says MB
SEREMBAN (Dec 1): The state is not ready to declare Seremban a city even though the status had been granted by the federal authorities in 2012.
OSK’s 3Q profit up sevenfold
KUALA LUMPUR (Dec 1): OSK Holdings Bhd saw its net profit jump almost sevenfold to RM381 million in the third quarter ended Sept 30, 2015 (3QFY15), from RM55.
Iskandar Waterfront sells 92.83 acres of land for RM170m Ahmad Naqib Idris
KUALA LUMPUR (Dec 1): Iskandar Waterfront City Bhd (IWCity), which saw a five-fold improvement in net profit for the third quarter ended Sept 30, 2015 (3QFY15), said it had received a notice from Pentadbir Tanah Johor Bahru for the compulsory acquisition of two parcels of land by the state government for RM170.
PROPERTY SNAPSHOT 2: What’s affordable in Damansara / Bandar Utama?
As one of the Klang Valley’s most popular urban centres, non-landed residences in the Damansara/Bandar Utama areas comprise mostly of condominiums targeted to the upper-middle class segment.
Sunway is No 1 again in Top Property Developers’ Awards 2015
KUALA LUMPUR (Nov 30): Sunway Bhd takes the top spot and the Best in Qualitative Attributes sub award for the second year running in The Edge Malaysia Top Property Developers’ Awards (TPDA) 2015.
Damansara Realty gets RM467.3m PPA1M project in Putrajaya
KUALA LUMPUR (Nov 30): Damansara Realty Bhd has secured the contract for the proposed development of Perumahan Penjawat Awam 1Malaysia (PPA1M) and the commercial part of a mixed development at Presint 5, Putrajaya, which carries a total estimated gross development cost of RM467.
Reclaiming two islands to cost RM8b
GEORGE TOWN (Nov 30): Gamuda Bhd-led project delivery partner — SRS Consortium Sdn Bhd — for the Penang Transport Master Plan (TMP) estimates the cost of reclaiming two islands measuring about 1,300 acres (526.
JB: Will the Malaysian border town grow up to usurp Singapore?
JOHOR BARU (Nov 30): Johor Bahru is getting a facelift and it is being done with a royal stamp of approval.
