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KUALA LUMPUR (Nov 12): Property developer Selangor Dredging Bhd's (SDB) associate company SDB Guernsey Ltd has entered into a sale and purchase agreement (SPA) with AL.

Sold for: RM2.

PETALING JAYA (Nov 12): Ahmad Zaki Sdn Bhd, a subsidiary of Ahmad Zaki Resources Bhd and Getrahome Sdn Bhd have won contracts to develop residential projects under the Bumiputera developer category in Kwasa Damansara, announced its Master developer Kwasa Land Sdn Bhd today.

KUALA LUMPUR (Nov 12): The KLCCP Stapled Group, which comprises KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (KLCC REIT), saw its total distributable income for the third quarter ended Sept 30, 2015 (3QFY15) fall 2.

DEVELOPERS have begun to make adjustments to mitigate the slowdown in Iskandar Malaysia’s property market.

•    Today, we look at price growth and indicative asking rental yields for non-landed residences in Klang.

KUALA LUMPUR (Nov 11): The trustee of Axis Real Estate Investment Trust (Axis-REIT), RHB Trustees Bhd, has signed a sale and purchase agreement with Axis AME IP Sdn Bhd to acquire four plots of freehold land in Johor for RM61 million.

THE prime tract that Titijaya Land Bhd and its joint-venture partner Amona Development Sdn Bhd are eyeing is located near Berjaya Times Square in Imbi — within a 2km radius of the upcoming Tun Razak Exchange (TRX) — sources say.

PETALING JAYA (Nov 11): Despite instructions from Petaling Jaya City Council (MBPJ) to developers to begin constructing roads in Damansara Damai on Friday, residents are demanding Selangor Menteri Besar Azmin Ali intervene because no work has started.

KUALA LUMPUR: S P Setia Bhd, the country’s biggest listed developer by sales, will be submitting its proposal for the old Royal Adelaide Hospital (RAH) site in Australia early next year.