Second phase of Tiara Hills to be previewed in February 2017
KUALA LUMPUR: Modern Age Development Sdn Bhd is looking to hold a special preview for the second phase of its Tiara Hills development in Cheras, Kuala Lumpur.
Best Western to debut in Krabi, Thailand
PETALING JAYA (Dec 17): Best Western Hotels & Resorts has set another milestone in Asia — Hula Hula Resort & Spa located in Krabi has now been rebranded as the Best Western Hula Hula Ao Nang Resort.
JKG Land plans 2 for 1 rights shares to raise up to RM151.7 mil to fund property projects
KUALA LUMPUR (Dec 15): Property developer JKG Land Bhd proposes a rights issue of 1.
Gamuda 1Q earnings flat at RM162 mil as revenue dips on completion of MRT1 work
KUALA LUMPUR (Dec 16): Engineering, construction and infrastructure player Gamuda Bhd's net profit came in largely flat in its first quarter with a slight dip in revenue as construction works for the MRT1 or MRT Line 1 tapers off.
Cloud Design Sdn Bhd launches first web-based ID platform Furmingo
PETALING JAYA (Dec 16): Cloud Design Sdn Bhd has launched Furmingo, a web-based interior design software platform, aiming to make interior design hassle-free and affordable for everyone.
Overall property sales to remain subdued next year
Property development sector Downgrade to neutral: Property sales recovered in the third quarter of 2016 (3Q2016) as six of the seven developers under our coverage registered 18% to 160% quarter-on-quarter sales growth.
YNH in talks to sell Pantai Hospital Manjung
KUALA LUMPUR (Dec 16): YNH Property Bhd (YNH) is planning to sell one of its medical institutions, Pantai Hospital Manjung in Perak, to Pantai Medical Centre Sdn Bhd (PMC) for RM63 million.
The night is young
WITH his boyish looks and impish sense of humour, Datuk Douglas Cheng could sell ice to an Eskimo.
Mayland to launch RM2.3 billion worth of properties in 2017
PETALING JAYA: Malaysia Land Properties Sdn Bhd (Mayland) is planning to launch properties worth RM2.
DONE DEAL: 1-storey factory office, Bayan Lepas, Penang
Rented for: RM58,000 a month (average RM2 psf) Concluded by: Roy Lim (REN 08368) of Khoo Associates Realty (012-431 1122) When: Sept 28, 2016 Noteworthy: ● Leasehold ● Located in Bayan Lepas Free Industrial Zone Phase 1 ● Built-up size: 50,000 sq ft of which 29,000 sq ft was rented ● Located about 4km away from Penang International Airport and Penang Second Bridge, 18km away from Georgetown, and 11km away from Penang Bridge.
