S P Setia to launch more projects in Melbourne
IT was a cool, sunny spring morning in Melbourne in the middle of last month when S P Setia Bhd hosted the ceremony for the completion of Parque Melbourne, its third residential project there.
MRT Corp: Linkways between stations and buildings the responsibility of property owners
PETALING JAYA (Dec 20): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) today explained that the linkways from stations to adjacent privately-owned buildings are supposed to be built by the property owners at their cost and according to their construction schedules This explanation from MRT Corp came about after users of the Sungai Buloh-Kajang (SBK) Line, which commenced operations last Friday (Dec 16), commented that pedestrian linkways were not completed along with the MRT stations.
Phase 1 of Gamuda Land’s Kundang Estates fully sold
PETALING JAYA (Dec 20): Gamuda Land Sdn Bhd, the property arm of Gamuda Bhd, has fully sold out phase 1 of its 90-acre Kundang Estates in Kundang, Selangor during its launch in end-November.
Kiss goodbye to high REIT yields in Singapore
SINGAPORE (Dec 20): DBS Group Research has an “underweight” rating on the Singapore REIT sector as it anticipates four interest rate hikes by the US Federal Reserve in 2017 alone.
GSH Corp says in talks to sell unnamed asset on SGX query
SINGAPORE (Dec 20): Property developer GSH Corporation, which has seen its share price nearly double over the last two months, is in talks to sell an asset it did not name.
‘IGB, EcoFirst to team up for RM400 mil condo’
KUALA LUMPUR (Dec 20): IGB Corp Bhd, the property firm that made its name developing Mid Valley City, is set to team up with EcoFirst Consolidated Bhd to undertake a RM400 million high-end condominium project in Kuala Lumpur next year, according to sources.
Mudajaya secures RM559 mil MRT2 contract
KUALA LUMPUR (Dec 20): Mudajaya Group Bhd has won a RM558.
Boustead plans RM333 mil mixed development near Bukit Jalil City
KUALA LUMPUR (Dec 20): Boustead Holdings Bhd is buying multiple pieces of leasehold commercial land measuring a collective 10.