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CONSTRUCTION outfit Bina Puri Holdings Bhd is understood to be looking to raise its shareholding in Ideal Heights Properties Sdn Bhd from the existing 12%, a source familiar with the matter tells The Edge.

LAST year, construction firm Magnibiz Sdn Bhd ventured into property development with the launch of its maiden project, Kampar Lake Campus Condominium or KLCC Kampar, in Kampar New Town.

KUALA LUMPUR (Oct 5): Pintaras Jaya Bhd's wholly-owned subsidiary Pintaras Geotechnics Sdn Bhd has received a contract worth RM24.

KUALA LUMPUR (Oct 5): Ho Hup Construction Company Bhd has been awarded a subcontract worth RM32.

PETALING JAYA (Oct 5): Moscow recorded strong growth in its prime rental, rising by 11.

PENANG (Oct 5): The Tamarind executive apartments at Seri Tanjung Pinang (STP), Penang are 94% sold with a balance of 104 units as at Sept 13, Eastern and Oriental Bhd head of sales and marketing (Penang) Christina Lau told TheEdgeProperty.

SINGAPORE (Oct 5): Still-buoyant sentiment in the mass market could allow Singapore’s property developers to raise prices, but might trigger further policy tightening on top of the property cooling measures in place, says Maybank Kim Eng.

PETALING JAYA (Oct 5): The current property market slowdown may only recover in 2018 and the market environment may dip further before that.

KUALA LUMPUR (Oct 5): BLD Plantation Bhd has aborted its plan to acquire Pekan Semangat Sdn Bhd from multiple vendors for RM155.

KUALA LUMPUR (Oct 5): Potentially higher Employees Provident Fund (EPF) withdrawal for homebuyers will not see significant impact on the property sector given that there are already various financing schemes from the government to address the challenge of homebuyers in purchasing their first homes, according to AllianceDBS research.