News about l

KUALA LUMPUR (Sept 30): Naza Engineering and Construction Sdn Bhd bagged the Best Project award for major buildings above RM100 million at the Malaysian Construction Industry Excellence Awards (MCIEA), Bernama reported today.

PETALING JAYA (Sept 30): Sunway Property has expressed hopes that the government can continue with policies that encourage property purchase and ownership in its Budget 2017 proposals.

OSK Holdings Bhd’s offer to takeover PJ Development Holdings Bhd (PJD) is deemed “not fair but reasonable”, according to independent advisor MIDF Investment Amanah Bank Bhd, and shareholders and warrant holders are recommended to accept the offer.

PETALING JAYA (Sept 29): Singapore-based Beverly Group Sdn Bhd — a subsidiary of Singapore-registered Qingdao Investments Pte Ltd — will be unveiling Lexa Residence in Wangsa Maju, Kuala Lumpur on Oct 2, 2016.

NON-landed residential projects on Penang island have performed better than landed homes on the island in recent years.

KUALA LUMPUR (Sept 30): PRG Holdings Bhd, which is involved in manufacturing, property development and construction businesses, is considering listing its manufacturing division on the Growth Enterprise Market of the Stock Exchange of Hong Kong Ltd.

PETALING JAYA (Sept 30): Improved connectivity, security and comfort of living are the three main factors that homebuyers look forward to when it comes to innovation.

Sold for: RM890,000 (RM643 psf) Concluded by: Belle Low (REN 06824) from Hartamas Real Estate (012-503 5111) When: August 2016 Noteworthy: ● Freehold  ● Mid floor ● 1,383 sq ft ● Facing east ● Partly furnished with kitchen cabinet, air-cons and water heater ● 3 bedrooms and 2 bathrooms ● Facilities: gym, 2-storey function hall, open Jacuzzi, BBQ area and golf driving range Verde @ Ara Damansara is a newly completed upscale condominium by Villamas Group of Companies.

PETALING JAYA (Sept 29): S P Setia Bhd will launch the first block of its D’Camellia affordable apartments project located at its Setia EcoHill township in Semenyih on Oct 1.

PETALING JAYA (Sept 29): YTL Hotels has recently acquired three properties in the UK — in Edinburgh, Berkshire and London — strengthening the company’s presence within the UK, the group announced in a press release today.