KUALA LUMPUR (April 14): In a note today, Maybank IB Research said property transactions in Johor had plummeted 33% q-o-q in 4Q14, underperforming the country (-7%) and other major cities/states such as Kuala Lumpur (-12%), Selangor (+2%) and Penang (+8%).
KUALA LUMPUR (April 14): Sunsuria is enlarging its effective landbank on hand from 4.
KUALA LUMPUR (April 14): Malaysian Resources Corp Bhd (MRCB) said it has submitted a tender to acquire the 3.
KUALA LUMPUR (April 14): AmFIRST Real Estate Investment Trust (AmFIRST REIT) is expected to make its first investment in the north through the acquisition of a retail asset in Seberang Prai, Penang — owned by established multi-format retailer Mydin Mohamed Holdings Bhd — for an estimated RM250 million.
KUALA LUMPUR (April 13): Selangor Dredging Bhd (SDB) is buying three pieces of freehold land in Serdang for RM80 million, which it plans to develop into a low to high-rise residential development.
KUALA LUMPUR (April 13): CapitaLand Ltd’s wholly-owned subsidiary, Ascott Ltd, unveiled a 253-unit serviced residence in Kota Kinabalu, Sabah today.
KUALA LUMPUR (April 10): Selangor Properties Bhd is replenishing its landbank to undertake more residential projects.
BANGALORE (April 10): India continues to witness healthy transactions in its commercial market, the Jones Lang LaSalle Pvt Ltd (JLL) India Monthly Real Estate Monitor said in February.
KUALA LUMPUR (April 10): The Construction Industry Development Board (CIDB), in collaboration with the Works Ministry, has signed the Sustainable Infrastructure in Malaysia Pledge to reduce environmental damage and the maintenance cost of buildings.
SHAH ALAM (April 10): Sin Heap Lee Development Sdn Bhd (SHL) recently launched its Sri Budiman Apartments — an affordable 536-unit guarded home development within the 150-acre (60.
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