Pelaburan Hartanah plans first asset sale

REAL estate investment company Pelaburan Hartanah Bhd (PHB), which has commercial assets and land worth over RM5 billion, is planning to sell close to 790 acres of land it owns in Ulu Bernam, Selangor, documents obtained by The Edge show.

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Bina Puri to acquire more of Ideal Heights

CONSTRUCTION outfit Bina Puri Holdings Bhd is understood to be looking to raise its shareholding in Ideal Heights Properties Sdn Bhd from the existing 12%, a source familiar with the matter tells The Edge.

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The Tamarind at Seri Tanjung Pinang 94% sold

PENANG (Oct 5): The Tamarind executive apartments at Seri Tanjung Pinang (STP), Penang are 94% sold with a balance of 104 units as at Sept 13, Eastern and Oriental Bhd head of sales and marketing (Penang) Christina Lau told TheEdgeProperty.

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Singapore property developers walking a tightrope

SINGAPORE (Oct 5): Still-buoyant sentiment in the mass market could allow Singapore’s property developers to raise prices, but might trigger further policy tightening on top of the property cooling measures in place, says Maybank Kim Eng.

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