Making money from 'unwanted' properties

Run-down properties or houses in deplorable conditions are not usually recommended as good investments, but just like how some enterprises thrive on recycled or upcycled materials, an adept few have seen gold in what others have spurned.

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Nudie pix in S’pore property listing sparks investigation

PETALING JAYA (March 9): A property listing for a mansionette in Choa Chu Kang, Singapore, featuring a nude shot of a man has prompted the Council for Estate Agencies (CEA) — which regulates the island republic’s real estate industry — to investigate the incident, reported the Straits Times.

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Platinum Victory plans RM2b launches

KUALA LUMPUR (March 9): Unfazed by the current market slowdown, Platinum Victory Development Sdn Bhd is lining up some RM2 billion worth of new property launches this year and is confident that the property market will pick up soon.

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DRB-Hicom swaps real estate for tracts in Tebrau

KUALA LUMPUR (March 9): DRB-Hicom Bhd intends to swap its real estate, including land and a golf resort in the Klang Valley, with its controlling shareholder Tan Sri Syed Mokhtar al-Bukhary (pictured) for industrial land in Tebrau, Johor, and RM288.

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