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KUALA LUMPUR (April 16): Kumpulan Perangsang Selangor Bhd (KPS) said a five-month extension has been granted for the fulfilment of conditions precedent in the agreement signed between its unit Cash Band (M) Bhd and Setia Eco Templer Sdn Bhd for the joint-development of a RM1.

KUALA LUMPUR (April 16): Former executive director (ED) of Perdana Parkcity Sdn Bhd which is the developer of the Desa ParkCity project in Kuala Lumpur, Phan Yoke Seng, has joined Berjaya Land Bhd (Bland) as an executive director.

KUALA LUMPUR (April 16): AmFIRST Real Estate Investment Trust (AmFIRST REIT) said the acquisition of Mydin Hypermall in Bukit Mertajam, Penang is expected to help lift the distribution per unit (DPU) by 0.

Eco World Development Group Bhd (April 15, RM1.

HO CHI MINH CITY: The Vietnam high-end condominium segment made a comeback for first quarter of 2015 (1Q2015) as market sentiment returned, riding on the stable country’s economy, according to CB Richard Ellis’ “Vietnam Market Insights 1Q2015” report.

KUALA LUMPUR (April 15): Property developer Mah Sing Group was honoured with the 2015 Frost & Sullivan Excellence in Growth Building Construction Industry Award at the 2015 Malaysia Excellence Awards banquet held at Mandarin Oriental yesterday.

KUALA LUMPUR (April 15): AmFIRST Real Estate Investment Trust (AmFIRST REIT) has confirmed that it is acquiring a Mydin store in Bukit Mertajam, Penang — its first investment in the north — confirming a report in The Edge Financial Daily published yesterday.

KUALA LUMPUR (April 15): The Employees Provident Fund (EPF) is disposing of its One Sheldon Square at Paddington Central in London’s West End — its first property disposal in the United Kingdom — to London-listed British Land Co plc for £210 million (RM1.

KUALA LUMPUR (April 15): Residential properties priced between RM200,000 and RM500,000 will drive demand for housing this year, said Deputy Finance Minister Datuk Chua Tee Yong.

SHAH ALAM (April 14): Gamuda Land is aiming for a tenancy of up to 90% for its community lifestyle retail centre at Kota Kemuning, Gamuda Walk, by June – six months after its soft launch.