CIMB Research positive on Sime Darby's RM86 mil land disposal deal
KUALA LUMPUR (June 30): CIMB IB Research reiterated its ‘Add’ recommendation on Sime Darby Bhd following the group’s disposal of approximately 297.
BCorp returns to the black in 4Q
KUALA LUMPUR (June 30): Berjaya Corp Bhd (BCorp) posted a net profit of RM3.
Monetary Authority of Singapore: Not yet time to lift curbs
SINGAPORE (June 30): Singapore’s property cooling measures are here to stay, according to the Monetary Authority of Singapore (MAS).
AEON sells Mahkota Cheras mall for RM87.8 mil
KUALA LUMPUR (June 30): AEON Co (M) Bhd is disposing of a piece of freehold land together with the two-storey AEON Mahkota Cheras Shopping Centre built on the land for RM87.
Boon Koon to diversify into property development
KUALA LUMPUR (June 30): Boon Koon Group Bhd, which specialises in rebuilt commercial vehicles, intends to diversify into property development.
DONE DEAL: Faber Ria Condominium unit, Taman Desa, Kuala Lumpur
Sold for: RM600,000 (RM445 psf) Concluded by: Shimry Wong (REN06314) of 1TPE Realty Sdn Bhd (014-367 3822) When: March 2017 Noteworthy: ● Freehold ● 31-year-old condominium ● Built-up: 1,348 sq ft ● 9th floor, facing south ● Fully-furnished unit ● 3+1 bedroom, 3-bathroom Faber Ria is one of the oldest condominium developments in Taman Desa, Kuala Lumpur.
Sime Darby sells land to PNB for RM85.53 mil cash
KUALA LUMPUR (June 29): Sime Darby Bhd is selling New Lunderston Estate, a freehold tract measuring 297.
Tiger Synergy to build RM100m Rent-to-Own condo
KUALA LUMPUR (June 29): Tiger Synergy Bhd has signed a memorandum of agreement with Prosma Bhd, a holding company for the assets of Sekretariat Komuniti Prefer Malaysia (SKPM), to develop a RM100 million affordable condominium in Gombak.
Connectivity — the pulse of the city
One of the most important attributes of a liveable city is undeniably its connectivity and accessibility.
