RM1b mixed-use development by Poly Ritz coming up in Kuchai Lama
KUALA LUMPUR: Poly Ritz Development Sdn Bhd is looking to launch a RM1 billion mixed development called D’Ritz Residency in Jalan Kuchai Lama, Kuala Lumpur by the end of this year.
Graaab JaGaApp developer plans listing on LEAP market
PETALING JAYA (Oct 13): Red Ideas Holdings Bhd, which developed the property management app Graaab JaGaApp, has applied to list on the Bursa Malaysia Leading Entrepreneur Accelerator Platform (LEAP) market, its founders and directors David Foo and Ignatius Ho shared with EdgeProp.
What’s spurring housing rental growth in Seberang Perai?
The average rental rates for some landed homes across Seberang Perai, Penang have increased by 10% and above, based on data from the National Property Information Centre’s Property Market Report 2016.
So, you want to be a property flipper?
There are various strategies to make money through real estate and one of the most common is probably “flipping”, which means buying a property and reselling it for a profit within the shortest time possible.
Kumpulan Jetson gains 5% on Bukit Jalil serviced apartment job
KUALA LUMPUR (Oct 13): Kumpulan Jetson Bhd rose as much as 1.
SunREIT's trustee takes up Sunway's RM60m commercial paper
KUALA LUMPUR (Oct 13): Sunway Real Estate Investment Trust (SunREIT) said its trustee RHB Trustees Bhd has subscribed to its substantial unitholder Sunway Bhd's one-month commercial paper that carries a nominal value of RM60 million.
Construction player GDB Holdings seeks ACE Market listing
KUALA LUMPUR (Oct 13): GDB Holdings Bhd, a construction services provider which focuses on high-rise residential, commercial and mixed development projects, is aiming to be listed on Bursa Malaysia’s ACE Market to raise funds, mainly for capital expenditure (capex).
Sunway Construction secures RM140m worth of jobs
KUALA LUMPUR (Oct 13): Sunway Construction Group Bhd (SunCon) has bagged two contracts worth a combined RM140 million, bringing its outstanding order book to RM6.
Ho Hup Construction calls off RM136m rights issue
KUALA LUMPUR (Oct 13): Ho Hup Construction Co Bhd has called off a RM136 million cash call after the extension of time to implement the corporate exercise lapsed, adding that it will explore alternative options to fund its construction and property development projects.
DONE DEAL: Prisma Perdana condominium, Taman Midah, Cheras
Rented for: RM1,300 Concluded by: Darren Chan (REN 08531) of Huttons One World Sdn Bhd (014-320 3566) When: June 2017 Noteworthy: ● Freehold ● Built-up: 818 sq ft ● Mid-level corner unit ● Fully-furnished unit ● Nearby amenities — restaurants, hypermarket, banks, school, hospital and clinics Located at Taman Midah in Cheras, Kuala Lumpur, Prisma Perdana condominium comprises two 13-storey residential towers housing 208 units with built-up sizes ranging from 817 sq ft to 820 sq ft.
