Mara spent RM375 million on four Melbourne properties, says NGO
Majlis Amanah Rakyat (Mara)'s investment arm, Mara Inc, spent a total of RM375.
Majlis Amanah Rakyat (Mara)'s investment arm, Mara Inc, spent a total of RM375.
KUALA LUMPUR (June 24): The government should probe Majlis Amanah Rakyat (Mara)'s three other property purchases in Australia if allegations of kickbacks in its purchase of Dudley Intenational House apartments has basis, the National Oversight and Whistleblowers (NOW) said today.
KUALA LUMPUR (June 12): Daiwa House Malaysia Sdn Bhd, a subsidiary of Japan’s largest prefabricated homebuilder Daiwa House Industry Co Ltd, has entered into a joint venture with Sunway Bhd’s unit Sunway Iskandar Bhd (SISB) to construct 100 prefabricated homes in Iskandar Malaysia, Johor, with a gross development value of RM210 million.
KUALA LUMPUR (May 22): Principal Place Residential Ltd will be launching 90 units of luxury apartments named Upper House at Mandarin Oriental Hotel in Kuala Lumpur this weekend.
KUALA LUMPUR (May 15): Knight Frank, together with Jones Lang LaSalle (JLL), will be launching London’s latest property development, Garden House W2, this weekend at the Mandarin Oriental Kuala Lumpur.
Property sector Maintain overweight: Recent statistics released by the National Property Information Centre (Napic) revealed that overall property transaction value was up +7% year-on-year (y-o-y) to RM163 billion, while volume changed hands rose +0.
PETALING JAYA (May 8): The Kedah property market recorded moderate performance in 2014, led by the residential property sector, which comprised 51.
KUALA LUMPUR (April 28): Sunway Property, the property division of Sunway Bhd, unveiled it Sunway Montana's townhouse show units, along with 14-acre private forest recently.
MELAKA (April 23): While the majority of residential launches in Peninsular Malaysia were in the RM200,000 to RM500,000 range in 2H2014, launches recorded in Melaka were mainly in the RM500,001 to RM1 million range, according to The Real Estate and Housing Developers Association Malaysia (REHDA) Property Industry Survey 2H2014 released in March.