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Ikhmas Jaya Group Bhd (Jan 5, 59.

Construction sector Maintain overweight: We met the promoters of Bandar Malaysia to get a better sense of the prospects of the much-talked about Bandar Malaysia.

KUALA LUMPUR (Jan 6): UK-based property developer Redrow Homes will launch The Park Collection on Jan 14, 2017, which is the latest phase at its Colindale Gardens development in London.

  PETALING JAYA (Jan 6): An official handshake ceremony was held between TheEdgeProperty.

Sold for: RM2,450,000 (RM875 psf) Concluded by: Daniel Wong (REN 01967) of Sang Associates  (013-3868108) When: August 2016 Noteworthy: ● Freehold ● 2,800 sq ft ● Developed by Selangor Dredging Bhd ● Completed in March 2008 ● 7 blocks of 20 storeys ● 105 units in each block ● Private lift and private lobby ● Unit has a view of Royal Selangor Golf Club and the greenery of Jalan Stonor ● Two car parks ● Maintenance fee is 48 sen psf According to the agent, Daniel Wong of Sang Associates, the selling price of this unit was slightly below market price owing to the slow market.

PUTRAJAYA (Jan 5): Paramount Blossom Sdn Bhd is collaborating with Fujian Hexinyuantong Investment Co Ltd and China Railway Liuyuan Group Co Ltd to develop a RM650 million property project on 77 acres of land in Seremban, Negeri Sembilan.

SINGAPORE (Jan 5): RHB is maintaining its “buy” call on Frasers Centrepoint Trust (FCT) with a target price of $2.

PETALING JAYA (Jan 5): M101 Holdings Sdn Bhd is targeting to handover the Small-office Flexible-office (SoFo) units in M101 Dang Wangi by 2H2017, according to the company’s founder and CEO Datuk Seth Yap Ting Hau.

Protasco Bhd (Jan 4, RM1.

KUALA LUMPUR (Jan 5): Ikhmas Jaya Group Bhd has been appointed to undertake the piling and substructure work for a commercial building in Damansara, Selangor, valued at RM37.