Hap Seng buys Kuala Selangor plots for RM228.75 mil
KUALA LUMPUR (June 16): Hap Seng Consolidated Bhd is buying 36 parcels of freehold agricultural land with an aggregate land size of 1,449.
PROPERTY SNAPSHOT 4: What’s hot in Tropicana/Sunway Damansara?
• Today, we look at price growth and indicative rental yields for non-landed homes in Tropicana/Sunway Damansara.
Penang halts undersea tunnel study, raising doubts about construction
KUALA LUMPUR (June 15): The Penang government has issued a halt order on the 83%-complete feasibility studies and detailed design (FSDD) for the 7.
‘Property tax hike in Sydney won’t affect M’sian developers’
KUALA LUMPUR (June 15): The expected higher taxes for foreign buyers of residential properties in the Australian state of New South Wales (NSW) are not expected to have much effect on Malaysian developers there, say analysts.
No final decision on toll rate hikes yet, says highway body
KUALA LUMPUR (June 15): There has been no final decision made on toll hike for eight highways as negotiations are still ongoing, said the Association of Highway Concessionaires Malaysia.
Real estate assets under management hit US$2.19 trillion
GLOBAL real estate assets under management (AUM) totalled US$2.
River Tropics in Seberang Perai sees 70% take-up
PENANG-based developer New Bob Group is building the first green condominium in Seberang Perai.
CZBUCG awaits funding from Penang for RM6.3b infrastructure project studies
KUALA LUMPUR (June 14): Consortium Zenith BUCG Sdn Bhd (CZBUCG) has yet to receive RM100 million for the feasibility studies and detailed design work completed thus far for the RM6.
Crest Builder unit gets RM438.29 mil construction job from Sime Darby
KUALA LUMPUR (June 14): Crest Builder Holdings Bhd’s unit Crest Builder Sdn Bhd has clinched a construction contract from Sime Darby Bhd’s unit Sime Darby Melawati Development Sdn Bhd worth RM438.
Sunway to dispute Perak’s demand for return of undeveloped land
KUALA LUMPUR (June 14): Sunway Bhd’s subsidiary Sunway City (Ipoh) Sdn Bhd plans to dispute a notice from the Perak state secretary requesting it to return an undeveloped portion of land to the Perak government.
