Datuk Alan Tong: A man of vision
Datuk Alan Tong needs no introduction in the Malaysian property industry.
Datuk Alan Tong needs no introduction in the Malaysian property industry.
Business challenges, financial crises, market slowdowns are all part and parcel of life for a businessman.
Walking beside the lake at The Central Park in Desa ParkCity in Kuala Lumpur, it is hard to imagine that this award-winning township was once a quarry.
When Mulpha International Bhd first acquired almost 2,000 acres of oil palm land at Gelang Patah — the southernmost tip of Johor — a quarter of a century ago, little did the developer know that it was going to turn out into an award-winning property development.
IOI Properties Group Bhd, the property development arm of IOI Group, was established in 1980.
Following the success of The Zest @ Kinrara 9, which won The Edge Malaysia-PEPS Value Creation Excellence Award in 2013, developer Trinity Group Sdn Bhd has come up with another winning project in Z Residence, which earned a merit award in the residential category.
Amcorp Properties Bhd (Dec 2, 91 sen) Maintain buy with an unchanged target price (TP) of RM1.
THE current slowdown in the property market cycle may not be all doom and gloom, at least for Sunway Real Estate Investment Trust (SunREIT).
KUALA LUMPUR (Dec 2): Property developer MKH Bhd, formerly Metro Kajang Holdings Bhd, has partnered with Japanese company PanaHome Corp — the housing subsidiary of global electronics giant Panasonic Corp — to undertake design and building construction works in Malaysia.