IOI Properties to launch up to RM2.5 bil worth of projects in 2017
PUTRAJAYA (Feb 13): IOI Properties Group Bhd is looking to launch property projects worth an estimated gross development value (GDV) of RM2 billion to RM2.
East Coast shaking the snooze as bells ring for ECRL
KUALA LUMPUR (Feb 13): Thanks to the RM55 billion East Coast Rail Link (ECRL), the long-forgotten East Coast of Peninsular Malaysia has somewhat come under the limelight again, despite the numerous questions raised about the railway’s price tag and the eventual benefits it could bring to the country.
Lee Rubber on land selling trail in Malaysia
IN less than two years, Singapore-based Lee Rubber Co (Pte) Ltd has divested itself of at least four assets in Malaysia, namely in Johor, Kuala Lumpur and Penang.
Five common mistakes when investing in overseas properties
Sometimes investing in property overseas could be a good move to avoid putting all your eggs in one basket.
Where will you reside when you’re old?
Housing projects designed specifically for mobile and independent retirees are nothing unusual in many developed countries.
WZR Property to launch two more phases of The Earth
PETALING JAYA (Feb 11): WZR Property Sdn Bhd will be launching two new phases of its Bukit Jalil development — The Earth, by the end of next month, according to the company’s director of development Ibrahim Rahmad.
ARA Asset Management's 4Q earnings falls 28% to S$18.5 mil
SINGAPORE (Feb 10): REIT management company ARA Asset Management posted 28% lower earnings of S$18.
Affordable housing proves to be fruitful for O&C Resources
KUALA LUMPUR (Feb 10): In May last year, O&C Resources Bhd (OCR) shareholders gave the rubber and baby products manufacturer the greenlight to diversify into property development.
Iskandar Malaysia can tap overseas market
PETALING JAYA (Feb 10): Property prices in Johor’s Iskandar Malaysia is expected to drop in 2017 due to weak market sentiments and other challenges, but there are opportunities for developers to target buyers from overseas, said Landserve (Johor) Sdn Bhd executive director Wee Soon Chit.
DONE DEAL: Desa Green serviced apartment @ Taman Desa, Kuala Lumpur
Sold for: RM435,000 (RM753 psf) Concluded by: Derrick Hum (REN 10765) of Property Exchange (012-723 0309) When: October 2016 Noteworthy: ● Freehold ● 578 sq ft ● One bedroom and one bathroom ● High floor ● Facilities: Children’s playground, wading pool, gymnasium, leisure pool, lap pool, multipurpose hall, open terrace and sauna Situated on a three-acre freehold site, Desa Green is a high-density serviced apartment developed by UOA Development Bhd.
