Rental reversions, retail sales remain healthy for KLCCPSG
KLCC Property Stapled Group (Aug 4, RM7.
The Waterside Residence condo at The Light, Penang set for October launch
PETALING JAYA: IJM Land Bhd, the property development arm of IJM Corp Bhd, will be launching the Waterside Residence condominium project in Penang, with an estimated gross development value (GDV) of RM240 million, this October.
Mida, GreenTech introduce tax allowances to encourage businesses to go green
PETALING JAYA (Aug 5): The Malaysian Investment Development Authority (Mida) and Malaysian Green Technology Corp (GreenTech Malaysia) have teamed up to introduce investment tax allowance (ITA) for the purchase of green technology equipment or assets.
SRS Consortium accepts LoA extension as PDP for Penang Transport Master Plan
KUALA LUMPUR (Aug 4): SRS Consortium Sdn Bhd, a 60:20:20 joint venture among Gamuda Bhd, Loh Phoy Yen Holdings Sdn Bhd and Ideal Property Development Sdn Bhd, has duly accepted an extension of a letter of award (LoA) by the Penang state government to Feb 28, 2017 for its appointment as the project delivery partner (PDP) for the implementation of the Penang Transport Master Plan (PTMP).
Genting, Pavilion in US$6 bil Vietnam project
KUALA LUMPUR (Aug 4): Malaysia's Genting Group and Pavilion Group are partnering with Vietnam-based property developer Van Thinh Phat Group Corp to develop the US$6 billion (about RM24 billion) Saigon Peninsula mixed project in Ho Chi Minh City, Vietnam.
Flower seed kits for Citizen Setia
PETALING JAYA (Aug 4): S P Setia Bhd organised several gardening and landscaping events across the Klang Valley, Penang, Johor and Kota Kinabalu over the weekend to celebrate its outstanding performance at ILAM’s Malaysia Landscape Architecture Award 2015.
TRC wins RM1.31 bil Pan Borneo Highway contract in Sarawak
KUALA LUMPUR (Aug 4): TRC Synergy Bhd said a company, in which its wholly-owned unit will have a 30% stake in, has bagged a RM1.
MQREIT’s net lettable area expiry well spread
MRCB-Quill Real Estate Investment Trust (Aug 3, RM1.
Tadmax to become a pure property and power play
TADMAX Resources Bhd managing director Datuk Seri Anuar Adam, a retired major of the Malaysian army, will focus on transforming the loss-making company into a property and power generation player after cleaning its books for the past five years.
Sunway Property to enhance presence in Penang with new HQ
PETALING JAYA (Aug 3): Sunway Bhd’s real estate arm Sunway Property is setting up a regional office and sales gallery in the northern state of Malaysia, Penang, which is scheduled for completion in April 2017, the developer said in a statement yesterday.
