GuocoLand open to ‘strategic partner’, says managing director
KUALA LUMPUR (Nov 27): GuocoLand (Malaysia) Bhd, the property arm of Hong Leong Group, is open to any “strategic partner” who can add value to its property developments.
Tropicana reports fourfold increase in 3Q earnings
KUALA LUMPUR (Nov 27): Property developer Tropicana Corp Bhd, which recorded a fourfold jump in third-quarter net profit, said it is on track to exceed the previous financial year’s total sales of RM1.
Works minister: Toll hikes to become conditional
KUALA LUMPUR (Nov 27): The new enhanced highway concession agreements will see toll rate hikes become conditional instead of the current automatic rate increase mechanism.
New Cities Foundation appoints Dr Maxwell Anderson as executive director
GENEVA (Nov 27): New Cities Foundation (NCF) has appointed Dr Maxwell L Anderson (pictured) as its new executive director.
Casablanca Residence near Kota Kinabalu 70% taken up
KUALA LUMPUR (Nov 27): Casablanca Residence @ Off Jalan Kelombong in Kota Kinabalu, the latest residential development project by Sabah-based developer Kinsabina Sdn Bhd, has achieved a 70% take-up rate since its launch last Saturday.
GuocoLand’s upmarket Damansara City Mall 50% taken up
Kuala Lumpur (Nov 26): GuocoLand Malaysia Bhd’s Damansara City Mall (DC Mall), part of the RM2.
Home appreciation dropped by half since 2012, says Rahman Dahlan
KUALA LUMPUR (Nov 26): The annual rate of appreciation for homes has dropped from 12.
MK Land to focus on affordable housing developments in northern Malaysia
KUALA LUMPUR (Nov 26): MK Land Holdings Bhd said it will be focusing on affordable housing developments in the northern part of Malaysia as opposed to premium developments, because the property developer sees more demand for cheaper houses.
Who's up, who's down: Will falling tourist arrivals pose a challenge for hotel owners next year?
With fewer than six weeks to the end of the year, tourism industry players doubt that Malaysia will hit its annual arrivals target of 29.
