Encorp to recover land cost in Australia JV
KUALA LUMPUR (Nov 18): Property developer Encorp Bhd stands to receive A$6 million (RM18.
PJ Development commits to paying dividends, staying put during tough times
KUALA LUMPUR (Nov 18): PJ Development Holdings Bhd (PJD) is committed to paying out dividends to its existing shareholders in the future, especially during the time the economic landscape turns patchy, said chairman Tan Sri Ong Leong Huat.
Matrix Concepts 3Q profit falls 31.1% on lower revenue recognition
KUALA LUMPUR (Nov 18): Matrix Concepts Holdings Bhd’s net profit dropped 31.
More than 607ha of sea land off Permatang Damar Laut, Penang, identified for reclamation
GEORGE TOWN (Nov 18): More than 1,500 acres (607ha) of sea land off Permatang Damar Laut near Bayan Lepas have been identified for the proposed reclamation that forms part of the land-swap deal with SRS Consortium, the project delivery partner (PDP), for the RM27 billion Penang Transport Master Plan (TMP).
Will slowdown make houses more affordable?
THE extraordinary boom in the property market in Malaysia is ending but high house prices and the middle-class obsession with home ownership are likely to persist for a long time to come.
PROPERTY SNAPSHOT 3: What are the prices of developments in South Central PJ?
This is the third in a series of four snapshots on South Central Petaling Jaya.
Steel tycoon Cheng sells more land
STEEL tycoon Tan Sri William Cheng Heng Jem (pictured, below) has been selling land of late.
Massive South Oceans beachfront project set to change the face of Kuala Rompin, Pahang
PETALING JAYA (Nov 17): Malaysian and SIngaporean-owned Kairos & Dashen Resources (Rompin) Bhd is looking for developers and hotel and theme park operators to jointly develop its South Oceans beachfront mixed-use development in Kuala Rompin, Pahang.
RM7b Pavilion Damansara project to start in 2Q2016
THE two-phase Pavilion Damansara Heights mixed-use development in Kuala Lumpur, being undertaken by Tan Sri Desmond Lim Siew Choon in partnership with the Canada Pension Plan Investment Board (CPPIB), will have a gross development value of RM7 billion, sources familiar with the project say.
