JPPH: Residential overhang increases, transaction volume drops
KAJANG (April 17): The amount of overhang homes has grown by 67.
JLL to launch London’s The Silk District project in KL
KUALA LUMPUR (April 17): London-based property developer Mount Anvil, in a joint venture with London and Quadrant Housing Trust (L&Q), a housing association in the UK, will unveil a new collection of design-led homes in London’s Whitechapel, E1.
ACME’s largest shareholder sells another 18% stake
KUALA LUMPUR (April 16): Supptech Holdings Sdn Bhd, the largest shareholder of Penang-based ACME Holdings Bhd, has continued to pare down its stake in the company with another off-market trade.
BDB unit inks MoU with 9 anchor tenants for Axis Commercial Hub
PETALING JAYA (April 16): Kedah-based Bina Darulaman Bhd’s (BDB) wholly-owned subsidiary BDB Land Sdn Bhd has inked a Memorandum of Understand (MoU) with nine anchor tenants for its Axis Commercial Hub in its Bandar Darulaman township in Jitra, Kedah.
HK-listed Country Garden partners Perdana ParkCity to develop HOPSCA project
KUALA LUMPUR (April 16): Hong Kong Stock Exchange-listed property developer Country Garden is collaborating with Perdana ParkCity Sdn Bhd — residential communities and township developer — to establish the hotel, offices, parking, shopping mall, connectivity and apartments (HOPSCA) community in Taman Wahyu here.
More jobs, higher margin seen for Kerjaya Prospek
Kerjaya Prospek Group Bhd (April 13, RM1.
S’pore seeks public feedback on short-term rentals
PETALING JAYA (April 16): Singapore (pictured) has begun seeking public feedback on allowing private rents to be rented on a short-term basis, similar to those on Airbnb, reported Reuters.
Berjaya Land targets RM1b sales annually
KUALA LUMPUR (April 16): Berjaya Land Bhd is eyeing approximately RM1 billion in annual property sales for the next two years at least, having spent months restructuring its internal sales machinery.
JAKS Resources puts property ambition on hold
KUALA LUMPUR: JAKS Resources Bhd has decided that it will take a step back from the property market to focus more on infrastructure and power-generation projects, especially from renewable resources.
