Enra Group calls off stake sale in Landmark Zone; to renegotiate
KUALA LUMPUR (May 10): Enra Group Bhd [formerly Perduren (M) Bhd] said it has mutually agreed to terminate a share sale agreement (SSA) with Meridian Hectares Sdn Bhd to dispose of a 30% stake in property developer Landmark Zone Sdn Bhd to the latter for RM13.
New CEO for Berjaya Hotels & Resorts
KUALA LUMPUR (May 10): Berjaya Hotels & Resorts Sdn Bhd said in a statement yesterday it had appointed Hanley Chew (pictured) as its chief executive officer (CEO), effective April 1.
PROPERTY SNAPSHOT 2: What’s affordable in Cheras?
• Kuala Lumpur’s Cheras serves a middle-class population but it is seeing more exciting and upmarket properties.
RAM maintains negative outlook on property sector
KUALA LUMPUR (May 9): RAM Rating Services Bhd has maintained its negative outlook on the Malaysian residential property sector as well as the office and retail sub-segments in Kuala Lumpur and Selangor this year.
The Edge Investment Forum on Real Estate 2016 slides
The Edge Investment Forum on Real Estate 2016 was held on April 30 with the theme "Riding out the storm: Pitfalls to avoid".
Carving a niche with accessible luxury
NUSMETRO Property Sdn Bhd believes homebuyers are looking for projects in specific locations and developments that fit their lifestyle.
Sime Darby launching Quarza Residence this Sunday
PETALING JAYA (May 5): Sime Darby Property Bhd – the property arm of Sime Darby Bhd – is set to officially launch the Quarza Residence serviced residences in conjunction with its Lifestyle Collection Campaign this Sunday, the group said in a press release today.
Global luxury house prices moderated in 1Q2016
PETALING JAYA (May 4): Global key cities’ prime residential prices have increased on average by 3.
Genting clears hurdle for US$4 billion Resorts World Las Vegas
KUALA LUMPUR (May 5): Genting Bhd has obtained the Nevada Gaming Control Board's approval to become a publicly-traded corporation to pursue the Malaysian entity's planned US$4 billion (about RM16 billion) Resorts World Las Vegas.