Fiamma’s East Parc @ Menjalara to be completed by 2020
PETALING JAYA (Feb 18): Fiamma Holdings Bhd’s first residential project in the Klang Valley, East Parc @ Menjalara is slated for completion by 2020.
MRCB plans RM1 bil worth of project launches this year
LONDON (Feb 17): Malaysian Resources Corp (MRCB) is planning to launch residential properties with a combined gross development value (GDV) of RM1 billion in 2017.
Singapore shopping mall transforms retail space into study area
PETALING JAYA (Feb 17): Singapore’s United Square shopping mall has transformed 592 sq ft of retail space into a study area for students to do their homework, revision and discussions.
PR1MA’s new measures to aid home ownership
IT is only the second month into 2017, but Perbadanan PR1MA has already announced policy changes and introduced a special financing scheme for its 1Malaysia People’s Housing (PR1MA) programme in order to “enable more people to own a house under the programme,” it had said.
KL 33 Properties buys Menara Prudential Building for RM125 mil
PETALING JAYA (Feb 17): Property investment and holding company KL 33 Properties Sdn Bhd has acquired Menara Prudential (pictured) in Kuala Lumpur city centre for RM125 million, according to JLL Malaysia who is the transaction advisor on behalf of the seller — OCBC Properties (M) Sdn Bhd.
Mapletree acquires Oakwood Worldwide, appoints new Oakwood CEO
SINGAPORE (Feb 17): Mapletree Investments has acquired Oakwood Worldwide, a US-based provider of housing and serviced apartment solutions, for an undisclosed sum.
YFG active, surges 33% on bagging PR1MA sub-contract
KUALA LUMPUR (Feb 17): YFG Bhd surged 33.
YFG bags RM245 mil PR1MA project
KUALA LUMPUR (Feb 17): YFG Bhd has bagged a RM245 million contract for subcontract works involving construction of 1Malaysia People’s Housing Programme (PR1MA) houses in Pedas, Rembau, Negeri Sembilan.
British-Australian consortium is preferred bidder for KL-S’pore HSR
KUALA LUMPUR (Feb 17): A consortium of WSP Engineering Malaysia Sdn Bhd of Australia, UK-based Mott MacDonald Malaysia Sdn Bhd and Ernst & Young Advisory Services Sdn Bhd (EY) has been selected as the joint development partner (JDP) for the Kuala Lumpur-Singapore high-speed rail (HSR) project, which will cut travel time between Singapore and Kuala Lumpur to 90 minutes.
5.11% of LBS Bina shares traded off market for RM57.75 mil
KUALA LUMPUR (Feb 17): LBS Bina Group Bhd saw a total of 33 million shares, representing an equity stake of 5.
