Cash flow issues may arise as MRCB takes on mega jobs
KUALA LUMPUR (Oct 30): Malaysian Resources Corp Bhd (MRCB) may face cash flow issues as it takes on two mega projects worth RM4.
'Budget 2016 offers little to catalyse property market'
PETALING JAYA: Real estate agents from The Property Expert (TPE) Realty say Budget 2016 offers little to catalyse the property market.
DONE DEAL: Duplex unit in Scott SOHO, Scott Garden, Kuala Lumpur
Sold for: RM480,000 Concluded by: Janet Chong of Hartamas Real Estate (OUG) (012-318 8099) When: August, 2015 Noteworthy: * Freehold * 775 sq ft * one bedroom and two bathrooms * come with one parking, kitchen cabinet, three air-cons and two water heaters.
DBKL to sell Plaza Rakyat to Profit Consortium for RM740 mil, says Tengku Adnan
KUALA LUMPUR (Oct 29): The Kuala Lumpur City Hall (DBKL) will sell the land on which the Plaza Rakyat project was located to Profit Consortium Sdn Bhd for a consideration of RM740 million, said Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor.
PR1MA projects in the Klang Valley received highest demand
VIEW VIDEO PETALING JAYA (Oct 29): Perbadanan PR1MA Malaysia (PR1MA) projects in the Klang Valley have received the highest number of applicants of middle income earning between RM2,500 and RM10,000 a month, said PR1MA CEO Datuk Abdul Mutalib Alias (pictured) at a press conference recently.
China firm bags RM2.32 bil STP2 job
KUALA LUMPUR (Oct 29): Lifestyle property developer Eastern & Oriental Bhd (E&O) has awarded RM2.
Two major property players expanding landbank
THE slowdown in the real estate market does not seem to have deterred property-related companies from buying more land.
MRCB and Cyberview sign deal to develop Cyberjaya City Centre
CYBERJAYA (Oct 28): Malaysian Resources Corporation Berhad (MRCB)’s property arm, MRCB Land and Cyberview Sdn Bhd (Cyberview) have signed a 70:30 joint-venture agreement for the development of Cyberjaya City Centre (CCC) today.
Haven Luxury Resort Ipoh bags two global awards
HONG KONG (Oct 28): The Haven Luxury Resort Ipoh in Malaysia snagged the “Luxury Family Hotel” award at the annual World Luxury Hotel Awards 2015 Gala Ceremony in Hong Kong on Oct 24.
