SMD Development to kick off RM1 bil worth of projects
PETALING JAYA: SMD Development Sdn Bhd (SMD), which has its development footprint in Kundang, Rawang, has more to offer with upcoming projects, according to its CEO Datuk Jeffery Tan.
Aspen hopes to ink RM550 mil RTO agreement with Yi-Lai by next week
BUTTERWORTH (July 28): Penang-based property player Aspen Vision Development Sdn Bhd is hoping to ink a share sale agreement for its RM550 million reverse takeover (RTO) of ceramic and homogenous tiles maker Yi-Lai Bhd by next week, which will pave the way for the former to be listed on Bursa Malaysia.
IOI Properties unveils JW Marriot Hotel in Singapore
KUALA LUMPUR (July 15): IOI Properties Group Bhd’s joint venture with Singapore-listed developer City Developments Ltd — South Beach Consortium Pte Ltd — recently announced its collaboration with Marriott International to launch the JW Marriott Hotel Singapore South Beach.
BNM’s decision positive for sentiment on property
Property sector (July 14) Maintain neutral: Bank Negara Malaysia (BNM) has cut its overnight policy rate by 25 basis points (bps) to 3%.
Wanted: Master plan to transform Jurong Lake District into 2nd CBD
SINGAPORE (July 11): The Urban Redevelopment Authority (URA) has launched a Request for Proposal (RFP) today, inviting multi-disciplinary teams to develop master plan proposals for Singapore’s Jurong Lake District, according to a press release dated Monday.
Singapore home prices likely to grind lower in second half
SINGAPORE (July 5): OCBC Investment Research is keeping its “neutral” rating on Singapore’s residential property sector amid “one of the longest property bears in recent history”.
Are Rent-to-Own schemes the answer to easier home ownership?
OWNING a house could be a costly dream for the working class, but it is deemed the worthiest investment for most people — even if you can’t enjoy capital appreciation, at least you will still have a roof over your head and a place that you could call your own.
Nurture a quality construction workforce
OF late, Hong Kong buses and trams have been plastered with posters of movie stars in striking kungfu stances.
Penang to call for fresh bids for golf course
KUALA LUMPUR (June 10): Penang Development Corp (PDC), the state’s investment arm, will call for a fresh request for proposal (RFP) for the mixed development plan in Batu Kawan on mainland Penang, after the mutual rescission of the RM10 billion Eco Marina with Eco World Development Group Bhd (EcoWorld).
EcoWorld’s RNAV cut by 6% after project rescission
Eco World Development Group Bhd (June 9, RM1.
