SINGAPORE (May 17): DBS’s top picks for beneficiaries to the potential relaxation of property measures in Singapore are UOL Group and Frasers Centrepoint even though most developers have re-rated following the positive sentiment in the Singapore property market.
MELBOURNE (May 17): OSK Property Holdings Bhd plans to have the Malaysian preview of its first project in Melbourne, Australia by early June.
KUALA LUMPUR (May 17): TRX City Sdn Bhd and Bandar Malaysia Sdn Bhd will soon announce the request for proposal (RFP) process, inviting expressions of interest for the role of master developer of Bandar Malaysia, Bernama reported Prime Minister Datuk Seri Najib Tun Razak saying today.
PETALING JAYA (May 17): Urban regeneration organisation Think City has embarked on a pilot project to promote the creation of rooftop and vertical gardens in Kuala Lumpur city.
KUALA LUMPUR (May 17): Mah Sing Group Bhd has acquired a 3.
KUALA LUMPUR (May 17): Shares in Malton Bhd, the property developer controlled by tycoon Tan Sri Desmond Lim Siew Choon, fell as much as 6.
HO CHI MINH CITY (May 17): Gamuda Land, the property arm of Gamuda Bhd is planning to launch the first block of apartments in the Emerald Precinct at its township development Celadon City in Ho Chi Minh City (HCMC) by mid-June.
PETALING JAYA (May 17): Mah Sing Group Bhd’s The Loft @ Southbay in Bayan Lepas, Penang is on track for completion by the end of this year.
KUALA LUMPUR (May 17): Shares in Iskandar Waterfront City Bhd (IWCity) rose in active trade this morning after Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan said IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again as long as the offer is right for the Malaysian government.
PETALING JAYA (May 17): Malaysian property developers have not been receptive to the Construction Industry Development Board's (CIDB) quality assessment system in construction (QLASSIC) certification as many are applying for Singapore's CONQUAS certification.
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