Country Garden in JV to launch Forest City

KUALA LUMPUR (Dec 13): One of China’s top 10 real estate developers and also among Forbes Asia’s Top 30 companies, Country Garden has partnered with Johor’s Esplanade Danga 88 Sdn Bhd in a joint venture (JV) to launch its latest project, Forest City, with a gross development value of US$100 billion (RM441 billion).

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Paramount plans more launches after missing 2016 target

KUALA LUMPUR (Dec 13): It has been a relatively quiet year for Paramount Corp Bhd, which initially targeted some RM770 million worth of property launches this year but only achieved RM90 million of that so far as most of its projects were deferred, not surprisingly, due to the soft property market.

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