Investing in buy-to-lease property schemes
MANY of us have seen advertisements or heard about “buy-to-lease” property schemes especially, serviced apartments that are used as hotel accommodation.
Eco World gets more time to obtain planning permission for RM10 bil Penang project
GEORGE TOWN (Sept 22): Eco World Development Group Bhd has received a six-month extension to obtain the planning permission, until March 26 next year, from the Penang Development Corp (PDC) for its proposed RM10 billion Eco Marina Development project in Bandar Cassia, Batu Kawan, in Seberang Perai Selatan, Penang.
Protasco to hand over Phase 1 of RM10b De Centrum City in December
KUALA LUMPUR (Sept 22): Protasco Bhd will hand over its entire Phase 1 of the De Centrum City development in Kuala Lumpur South, comprising a shopping centre block with 29 retail units, a service apartment block with 320 units, a small office/home office block with 192 units and 54 shop lots to purchasers in December this year.
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Property prices buoyed by a number of factors, say industry players
VIEW VIDEO PETALING JAYA (Sept 22): Industry players foresee a future increase in property prices as incoming supply falls, making it a good time to buy property.
Eco World buys 26 parcels of land for RM15b township in Kuala Selangor
KUALA LUMPUR (Sept 22): Eco World Development Group Bhd is acquiring 26 pieces of leasehold land in Kuala Selangor, with a collective land size of 2,198.
Landmarks Bhd appoints new COO for Treasure Bay Bintan
KUALA LUMPUR (Sept 22): Landmarks Bhd has appointed Stefan Thumiger (pictured, below) as the new chief operating officer of the 338 ha Treasure Bay Bintan in Indonesia.
UEM Sunrise achieves RM600 mil sales in 1H15 due to launch delays
UEM Sunrise Bhd (Sept 21, RM1.
Al-Salam REIT’s IPO oversubscribed 2.96 times
KUALA LUMPUR: The general public portion of the initial public offering (IPO) of al-Salam Real Estate Investment Trust (REIT), en route to list on the Main Market of Bursa Malaysia on Sept 29, has been oversubscribed by 2.
