'Klang Valley property sub-sales dip 20%'
PETALING JAYA (Oct 2): Sub-sales of property, particularly in Klang Valley, have dropped by 20%, revealed director of Vivahomes Realty, Alvin Foo, at a briefing by theedgeproperty.
DONE DEAL: Alam Damai, Cheras
Rented for: RM2,500 per month (one-year lease) Concluded by: Derrick Hum of Property Exchange (012-723 0309) When: August, 2015 Noteworthy: * Damai Citra 2-storey terraced house * Leasehold * 4+1 bedrooms, 4 attached bathrooms and 1 powder room * Land area: 22ft x 80ft * Built-up: 2,628 sq ft, * Basic unit with lighting and ceiling fan * Gated and guarded community with 24-hour security.
BCB in RM58.5 mil land lease deal for RM400m shoplots project in Iskandar
KUALA LUMPUR (Oct 1): BCB Bhd is buying the rights of the lease of a freehold tract measuring 22 acres in Medini Iskandar Malaysia, Johor, for RM58.
Eco World gets all clear for RM8 bil Bukit Bintang City Centre project
KUALA LUMPUR (Oct 1): Property developer Eco World Development Group Bhd (Eco World) told Bursa Malaysia today that all the conditions precedent (CP) set out in its agreements in relation to its joint development of the RM8 billion Bukit Bintang City Centre project at the former Pudu Jail site have been met.
Selangor Properties up 8% on news of land disposal
KUALA LUMPUR, (Oct 1): Selangor Properties Bhd rose as much as 8% in the morning trades today on the back of news that it had completed the disposal of a plot of land for RM450 million cash.
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Kuala Lumpur city centre ready to welcome new landmark, 8 Conlay
THE Kuala Lumpur city centre will welcome a new landmark, 8 Conlay, in 2020.
Protasco scores AFC project worth RM44 million
KUALA LUMPUR (Sept 30): Property developer Protasco Bhd's wholly-owned subsidiary HCM Engineering Sdn Bhd has received a letter of acceptance to design and build an additional four-storey building with basement car park worth RM44 million from Asian Football Confederation.
E&O eyes foreign buyers to realise FY16 earnings goal
KUALA LUMPUR (Sept 30): High-end property developer Eastern & Oriental Bhd (E&O) is maintaining its target of achieving RM173 million in net profit for the financial year ending March 31, 2016 (FY16) despite a challenging outlook for the company in view of the soft property market.
HOMEDEC embarks on aged care living and design
KUALA LUMPUR (Sept 30): The upcoming HOMEDEC exhibition at the end of October will be themed "Aged Care Living & Design".
I-Bhd's unit inks hotel management agreement with Hilton Worldwide
KUALA LUMPUR (Sept 29): I-Bhd’s wholly-owned subsidiary City Centrepoint Sdn Bhd (CCSB) has entered into a management agreement with Hilton Worldwide Manage Ltd to appoint the latter to manage the operation of the 300-rooms DoubleTree by Hilton Hotel that will be developed in i-City, Shah Alam, Selangor.
