L&G to launch projects worth RM710 million in next six months
KUALA LUMPUR (SEPT 13): Land & General Bhd (L&G) plans to roll out two new projects worth a total of RM710 million in gross development value (GDV) within the next six months.
ABM 'strongly refutes' claim that banks are responsible for space glut
KUALA LUMPUR (Sept 11): A banking industry group has come out to "strongly refute" the claim by a property expert that banks are responsible for the oversupply of retail and office space in the Klang Valley.
Mitrajaya bags two construction jobs worth RM377.45 mil
KUALA LUMPUR (Sept 8): Mitrajaya Holdings Bhd’s wholly-owned unit has won two construction projects in Kuala Lumpur and Selangor for a combined contract sum of RM377.
LBS Bina to buy M3 Mall owner-operator for RM105 mil
KUALA LUMPUR (Sept 6): Property developer LBS Bina Group Bhd announced it will be buying Gerbang Mekar Sdn Bhd, the mall owner and operator of the M3 Mall in Gombak, for which it will be paying RM105 million in cash and kind, to enter the retail business.
Pintaras Jaya lands RM26 mil substructure job
KUALA LUMPUR (Aug 31): Pintaras Jaya Bhd has bagged a RM26.
Tropicana 2Q net profit jumps 58.6% on higher revenue
KUALA LUMPUR (Aug 30): Tropicana Corp Bhd’s net profit surged 58.
Penthouse at The Edge on Cairnhill in Singapore sold at S$2.2 mil loss
On Aug 15, a 5,673 sq ft penthouse at The Edge on Cairnhill in prime District 9 was sold at a S$2.
Multi-phase development without subdividing land could be a big issue for property owners
PETALING JAYA (Aug 29): Property buyers of a multi-phase development need to be aware of whether the property they purchased is built on a subdivided land.
PPB Group expects higher revenue from property segment next year
KUALA LUMPUR (Aug 29): PPB Group Bhd expects higher revenue from its property segment in 2018 — thanks to the upcoming mixed development project at the Ming Tien Food Court site at Taman Megah, Petaling Jaya and better occupancy rate for Cheras LeisureMall.
