S P Setia on track to achieve RM4.6 bil sales target for FY15
S P Setia Bhd (April 15, RM3.
Mah Sing bags Frost & Sullivan award
KUALA LUMPUR (April 15): Property developer Mah Sing Group was honoured with the 2015 Frost & Sullivan Excellence in Growth Building Construction Industry Award at the 2015 Malaysia Excellence Awards banquet held at Mandarin Oriental yesterday.
Hunza: Loke Realty’s suit has no major impact on operations, finance
KUALA LUMPUR (April 15): Penang property developer Hunza Properties Bhd announced that a suit brought against it by Loke Wan Yat Realty Sdn Bhd (Loke Realty) would not have any material operational, financial and losses impact on its operations.
EPF sells London property to British Land for RM1.14 bil
KUALA LUMPUR (April 15): The Employees Provident Fund (EPF) is disposing of its One Sheldon Square at Paddington Central in London’s West End — its first property disposal in the United Kingdom — to London-listed British Land Co plc for £210 million (RM1.
UPDATE Affordable housing to be hot in 2015
KUALA LUMPUR (April 15): Residential properties priced between RM200,000 and RM500,000 will drive demand for housing this year, said Deputy Finance Minister Datuk Chua Tee Yong.
Gamuda Walk officially opens its doors
SHAH ALAM (April 14): Gamuda Land is aiming for a tenancy of up to 90% for its community lifestyle retail centre at Kota Kemuning, Gamuda Walk, by June – six months after its soft launch.
Property market report 2014: Residential segment transactions up 0.4% in volume and 13.9% in value
SELANGOR (April 14): The residential property segment continued to drive the national property market, accounting for 64.
Maybank IB Research: Property sector slowdown more evident at Iskandar Malaysia
KUALA LUMPUR (April 14): In a note today, Maybank IB Research said property transactions in Johor had plummeted 33% q-o-q in 4Q14, underperforming the country (-7%) and other major cities/states such as Kuala Lumpur (-12%), Selangor (+2%) and Penang (+8%).
Sunsuria acquiring land in Klang Valley, Iskandar
KUALA LUMPUR (April 14): Sunsuria is enlarging its effective landbank on hand from 4.
UPDATE Ken Holdings hopes to start Kelantan project by year-end
KUALA LUMPUR (April 14): Property developer Ken Holdings Bhd hopes to kick-start its mixed development in Kelantan which has a potential gross development value (GDV) of RM80 million, by the end of this year, said executive chairman Datuk Kenny B K Tan.
