Eco World International's maiden Sydney project is 90% reserved
SYDNEY (Sept 11): Eco World International’s maiden residential project in Sydney, Australia -- West Village -- is already 90% reserved before the official launch of the project.
Weak sentiment and slowdown to continue, says Rehda
KELANA JAYA (Sept 11): Weak consumer and industry sentiment is expected to continue slowing the property market in the second half of the year (2H2015), said the Real Estate and Housing Developers Association of Malaysia (Rehda).
Vintage gold
VIEW VIDEO DEVELOPED in the 1970s as an upper-middle class residential enclave in Kuala Lumpur, Taman Desa mainly offered landed homes in the early days.
Meliá Hotels International adds two new hotels in Malaysia
PETALING JAYA (Sept 11): Meliá Hotels International will be adding two more hotels to its Malaysian portfolio -- five-star Meliá Iskandar Malaysia and four-star INNSIDE Iskandar Johor.
Continual effort needed to reduce losses caused by natural disasters
KUALA LUMPUR (Sept 11): Disaster prevention and recovery is a continuous project that needs to be reviewed from time to time to reduce the impact on the country should the worst occur, said a disaster prevention expert.
S P Setia 3Q net profit up
PETALING JAYA (Sept 11): S P Setia Bhd’s net profit for the third quarter ended July 31, 2015 (3QFY15) jumped 153% to RM261.
Bangalore hits all time high in unsold property inventory
BANGALORE (Sept 10): Bangalore's residential property inventory overhang hit new peaks at 32 months, with more than 84,000 unsold housing units by the end of 2Q15, reported JLL India.
GRSB to redevelop land in Seberang Perai
PETALING JAYA (Sept 10): GUH Realty Sdn Bhd (GRSB), a unit from GUH Holdings Bhd has entered into a sale and purchase agreement (SPA) with Leader Holdings and vendor Thow Gooi Chee to acquire the land measuring 4.
Penang revives affordable housing project in Paya Terubong
GEORGE TOWN (Sept 10): The Penang government has revived a 28-year-old project to build affordable housing, shop lots and a four-storey market and hawker complex in Paya Terubong.
