Blackstone in negotiations to buy Sime Darby’s Aussie assets, says report
KUALA LUMPUR (May 4): Blackstone Group LP is in negotiations to buy industrial properties owned by Sime Darby Bhd in Australia, according to a report by Bloomberg.
Two high-end Singapore homes sold at over S$1 mil loss
SINGAPORE (May 4): The recent top three unprofitable deals on existing housing chalked up losses close to S$5 million (RM14.
999-year leasehold condo in Bukit Timah going for S$900 psf
SINGAPORE (May 4): A 1,324-sq ft, three-bedroom unit at Hillview Green in Hume Avenue has been listed on TheEdgeProperty.
Sime Darby Property celebrates Subang Jaya’s 40th anniversary
KUALA LUMPUR (May 4): Sime Darby Property Bhd is capitalising on social media via digital platforms like Facebook, Instagram and YouTube, to mark Subang Jaya’s 40th anniversary celebration.
LBS Bina expects sales cancellation rate of 30% this year
KUALA LUMPUR (May 4): Property developer LBS Bina Group Bhd expects 30% of its overall project sales to be cancelled this year — the same ratio it saw last year — due mostly to buyers failing to obtain loans following cooling measures for the property market that were introduced by the central bank.
Ho Hup bags RM58 mil West Coast Expressway subcontract
KUALA LUMPUR (May 4): Ho Hup Construction Co Bhd has won a RM58 million subcontract to undertake structures and bridge works in Perak, which are part of the West Coast Expressway.
Kimlun wins RM166 mil Rumah Selangorku construction job
KUALA LUMPUR (May 4): Kimlun Corp Bhd has won a construction contract worth RM165.
Johawaki Development to launch Avanti Residences on May 7
Construction firm-turned-property developer Johawaki Development Sdn Bhd will launch Phase 3 of its landed development, Avanti Residences, on May 7.
