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PETALING JAYA (May 3): Gamuda Land’s Gamuda City – its first town development in Hanoi, Vietnam – was awarded the World Gold Award for Environmental (Rehabilitation/Conservation) at the FIABCI World Prix d’ Excellence Award 2018 held at the Jumeirah Emirates Towers in Dubai last night.

KUALA LUMPUR (May 3): The overbuilding of affordable housing is “quite severe” as many developers have shifted into that segment to counter high loan rejection rates, with the oversupply exacerbated by a lack of accurate and  timely property market data, said the Real Estate and Housing Developers’ Association (Rehda) patron and Rehda Institute trustee Tan Sri Eddy Chen * JPPH: Property market to stabilise as economy improves “In fact, we are building everywhere — those affordable houses in the range of RM300,000 to RM500,000.

KUALA LUMPUR (May 3): The overall property market is expected to stabilise this year, underpinned by the improving Malaysian economy that had recorded 5.

KUALA LUMPUR (May 3): Sunway Construction Group Bhd (SunCon) is expected to secure between RM1.

DUBAI (May 3): Top property developer S P Setia Bhd won three gold awards at the FIABCI World Prix d’Excellence Awards 2018 held here on Tuesday.

KUALA LUMPUR (May 3): YTL THP JV Sdn Bhd, a joint venture between Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd and TH Properties Sdn Bhd, has appointed former Prasarana Malaysia Bhd president and chief executive officer (CEO) Datuk Seri Azmi Abdul Aziz (pictured) as the company’s CEO.

KUALA LUMPUR (May 3): The consortium of Malaysian Resources Corp Bhd (MRCB) and Gamuda Bhd, and YTL High Speed Rail Sdn Bhd (YTL THP JV) — a joint venture (JV) between Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd and TH Properties Sdn Bhd — have accepted a letter of appointment (LoA) from MyHSR Corp Sdn Bhd, appointing the two consortiums as the project delivery partners (PDPs) for the northern and southern sections of the Kuala Lumpur-Singapore High Speed Rail (KL-S’pore HSR) project.

KUALA LUMPUR (May 2): Inta Bina Group Bhd's wholly-owned subsidiary Inta Bina Sdn Bhd (IBSB) has been appointed as the main contractor for a residential development in Shah Alam for RM57.

KUALA LUMPUR (May 2): The High Court has ruled in favour of WCT Holdings Bhd against Aeon Co (M) Bhd in a case involving the lease renewal for AEON Mall Bukit Tinggi.

PETALING JAYA (May 2): Best Western Hotels & Resorts has partnered with the Green Target Group to roll out a new hotel named Best Western Mesa Hotel in the latter’s MesaHill development in Nilai, Negeri Sembilan by the first quarter of 2021 (1Q21).