Condos in Penang that are flourishing
DESPITE the sluggish market, property investors in Penang can take comfort in reports of capital appreciation in the state.
Artisan Development to unveil The Edge of U-Thant next week
PETALING JAYA (Oct 14): Boutique developer Artisan Development is set to unveil the show unit of its latest landed home project — The Edge of U-Thant, some time between Oct 17 and 22.
Damansara Realty in JV with Country Garden to develop Central Park
JOHOR BAHRU (Oct 14): Damansara Realty Bhd will enter a joint venture (JV) with Country Garden Holdings Co Ltd to develop a 53-acre freehold land parcel in Johor Bahru into an integrated township known as Central Park.
Can Ascott Residence be the Airbnb of serviced residences?
SINGAPORE (Oct 14): Ascott Residence Trust (ART) could benefit from parent CapitaLand’s recent tie-up with Tujia, dubbed China’s answer to Airbnb, says UOB Kay Hian lead analyst Derek Chang in a Oct 14 report which has a “buy’ on ART with S$1.
Nexgram active after indirect unit gets housing development contracts
KUALA LUMPUR (Oct 14): Nexgram Holdings Bhd shares were actively traded in the early trade today after its 70% indirectly owned subsidiary bagged two housing development contracts.
Kwasa Land awards development rights for R3-1 to Gadang
KUALA LUMPUR (Oct 14): Master developer of Kwasa Damansara, Kwasa Land Sdn Bhd (Kwasa Land) has awarded the development rights for the plot known as R3-1 to Gadang Holdings Bhd (Gadang), an investment holding company with subsidiaries principally involved in civil engineering and construction, property development, water and power supply.
Low room rental for youths in KL soon
KUALA LUMPUR (Oct 14): The Federal Territories Ministry plans to build accommodation for low income youths working in the service sectors in Kuala Lumpur, Bernama reported yesterday.
Mah Sing Foundation raises RM1.79 mil for medical and educational needs
PETALING JAYA (Oct 14): Mah Sing Group Bhd’s (Mah Sing) charity arm Mah Sing Foundation handed over some RM1.
Developers urged to build more homes priced at RM250,000 or below
KUALA LUMPUR (Oct 14): The federal territories ministry has urged property developers to build more houses priced at RM250,000 and below.