Mah Sing wins suit in RM359.5m land dispute
KUALA LUMPUR (April 20): Mah Sing Group Bhd has succeeded in the High Court to strike out the claims by seven persons that the RM359.
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Significant Magna Prima stake up for sale?
THE controlling shareholders of property developer Magna Prima Bhd are understood to be looking to hive off a large stake of about 30% in the company, sources say.
Latitud 8 at Jalan Ampang to be unveiled by year-end
KUALA LUMPUR (April 19): Crest Builder Holdings Bhd has enterd into a joint venture (JV) with Prasarana Malaysia Bhd and Detik Utuh Sdn Bhd to develop Latitud 8, a mixed-commercial development which has a total gross development value (GDV) of RM1.
Gehry Partners’ show apartments in Battersea Power Station open
PETALING JAYA (April 19): The first show apartments by internationally-renowned architectural firm Gehry Partners is opening at the iconic Battersea Power Station rejuvenation project.
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Napic: Overall property market slowed down in 2015
PUTRAJAYA (April 19): The overall property market slowed down marginally in 2015 from a year ago – with volume down by 5.
Shahril Faisal, emerging industrial designer
WHO: A native of Kuala Lumpur, Shahril Faisal (pictured, right) as a boy expressed an innate love for building and making things out of Lego bricks and clay, transforming them into “any desired form and construction”, he says.
Spring Gallery bags RM176 mil job for development in Johor
KUALA LUMPUR (April 19): Spring Gallery Bhd has bagged a RM176 million contract to provide professional project management facilities for the development of a piece of land in Perling, Johor, currently sited by the Johor State Tennis Academy.
MRT2 tender schedule to sustain interest in construction sector
THE recently announced tender schedule for the estimated RM30 billion Mass Rapid Transit Sungai Buloh-Serdang-Putrajaya Line (SSP Line), or MRT2, promises exciting times for the construction sector over the next few months.
EcoWorld set to launch Eco Somerset in Eco Sanctuary
KOTA KEMUNING (April 18): Eco World Development Group Bhd (EcoWorld) will be unveiling the first phase of its Eco Sanctuary City development – Eco Somerset lifestyle shop offices in the Eco Sanctuary township at the south of Kota Kemuning – on April 24, said Eco Sanctuary general manager Ho Kwee Hong.
Top Global to grow hospitality business via M&A
SINGAPORE (April 18): Jennifer Chang, chief operating officer of property developer Top Global, describes the Singapore property scene as being at a “standstill” amid weak demand and a supply glut in the market.
