Ferringhi Residence 2 Tower B 84% taken up over a weekend
PENANG (Aug 18): Tower B of Mah Sing Group Bhd’s Ferringhi Residence 2 in Penang recorded an 84% take-up rate over a weekend.
Delay in Suria Capital’s Jesselton Quay project expected
Suria Capital Holdings Bhd (Aug 17, RM2) Downgrade to hold from buy with a lower target price of RM2.
Moving forward despite challenging times
THE well-established Bandar Sunway is one of the most vibrant townships in the Klang Valley with thousands of people visiting its megamall, theme park and educational institutions every day.
UCSI, Hartamas Real Estate roll out diploma in real estate programme
PETALING JAYA (Aug 16): UCSI College has teamed up with Hartamas Academy Resources Sdn Bhd — the training and development arm of Hartamas Real Estate Sdn Bhd — to offer the Executive Diploma in Real Estate (EDRE) programme to those interested in pursuing a career in real estate.
AQRS to get RM500 mil SUKE subcontract
Gabungan AQRS Bhd, a mid-size construction and property development company, is getting a RM500 million subcontract for the CA3 portion of the Sungai Besi-Ulu Kelang Expressway (SUKE).
IGB to sell Renaissance KL for RM765 mil
KUALA LUMPUR (Aug 15): IGB Corp Bhd announced a proposed disposal of Renaissance Kuala Lumpur Hotel (Renaissance KL) (pictured) by Great Union Properties Sdn Bhd, a wholly-owned subsidiary of IGB to Ventura International Sdn Bhd for RM765 million.
KAF raises Mah Sing’s earnings forecast, target price
KUALA LUMPUR (Aug 15): KAF Research Sdn Bhd has raised its target price (TP) and earnings forecast for Mah Sing Group Bhd to factor in the stellar take-up rate for the property group’s cornerstone developments.
‘Renaissance KL deal likely to be sealed this week’
KUALA LUMPUR (Aug 15): After more than a decade of seeking, property developer cum hotel owner and operator, IGB Corp Bhd, has finally found a buyer for its 910-room Renaissance Kuala Lumpur (pictured), and a sale and purchase agreement for the biggest ever hotel deal is expected to be inked as early as today, sources say.
Unfinished symphony
A HOME OFFICE should be a place where you feel inspired and also offers an element of comfort.
Penang to decide on proposal to revise density guidelines soon
PETALING JAYA: The Penang state government will soon make its decision regarding a proposal to revise the current density guidelines to 128 units per acre in order to provide more affordable housing in the state.
