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ENGINEERING company Purcon Group formed its property development arm eight years ago, when it already had 30 years of experience in construction under its belt.

RAWANG (April 25): S P Setia Bhd plans to launch the first phase of Setia Eco Templer in the first week of May, said president and CEO Datuk Khor Chap Jen.

PETALING JAYA (April 25): Eco Somerset lifestyle shop offices in the Eco Sanctuary township at the south of Kota Kemuning have received overwhelming response from buyers, with 70% of the units snapped up during the first day of its official launch.

PETALING JAYA (April 25): KLK Land, a subsidiary of KL-Kepong Bhd, has opened its Hibiscus 2 2-storey terraced houses in Bandar Seri Coalfields, Sungai Buloh for registration.

KUALA LUMPUR (April 25): After several delays, Middle Eastern retailer LuLu Group International is expected to commence operations of its first store in Malaysia in May or at the latest by early June, in time to capture the Hari Raya shoppers, said sources.

PETALING JAYA (April 23): Sekeping Kong Heng (pictured, above) in Ipoh has been chosen as one of the world’s top 10 industrial-chic hotels and hostels by The Guardian.

PUTRAJAYA: The Valuation and Property Services Department (JPPH) aims to provide rental data on a subscription basis by October this year, said director general Datuk Faizan Abdul Rahman (pictured).

THE Malaysian property market has been on a downward slide for the past two years or so.

IN line with expectations, Malaysia’s property market in 2015 did not perform as well as it did in 2014.

PETALING JAYA (April 23): Retail space in the Klang Valley continues to grow despite declining sales, with new malls adding more than two million sq ft last year.