S P Setia to see RM399m sales from its Penang projects in FY16
GEORGE TOWN (Dec 16): S P Setia Bhd’s Penang property sales are expected to contribute RM399 million to the company’s group revenue for the financial year ending Dec 31, 2016 (FY16).
Bina Darulaman to build mixed development in Kedah at RM73m
KUALA LUMPUR (Dec 15): Bina Darulaman Bhd (BDB) plans to develop a 46.
AmFIRST sells 13-storey office building on Jln P Ramlee for RM36m
KUALA LUMPUR (Dec 15): AmFIRST Real Estate Investment Trust (REIT) is disposing of a 13-storey office building at Jalan P Ramlee for RM36 million, cash, to realise its investment in the property.
Penang land reclamation: Assemblyman claims protesting fishermen welcomed plan
KUALA LUMPUR (Dec 15): Despite a protest by hundreds of fishermen in the southern region of Penang against a massive land reclamation proposal to fund the Penang Transport Master Plan (PTMP) on Sunday, state exco Datuk Abdul Malik Kassim said the plan had been well received by the community.
Country Heights makes changes at its hotels
Country Heights Holdings Bhd (CHHB), which has been reporting net losses for the past three financial quarters, is making an effort to revive its two hospitality assets — Palace of the Golden Horses (POGH) and Mines Wellness Hotel — in an attempt to improve its earnings prospects amid rising competition and dwindling tourist arrival numbers.
Sinarmas Land unveils plans for US$400 mil luxury mixed-use development on Batam
SINGAPORE (Dec 15): Sinarmas Land has revealed its plans for Nuvasa Bay development project on the beachfront of Nongsa on Batam island.
Potholes near construction sites cause costly damage to vehicles
Lawmakers want the authorities to step up efforts to mend and minimise potholes near construction sites and in residential areas.
Demand-supply gap to persist in cement sector
Cement sector Maintain neutral: The sector is expected to witness a stagnant growth especially in the supply of premix cement and ordinary Portland cement.
PROPERTY SNAPSHOT 2: What’s affordable in Wangsa Maju?
• Wangsa Maju is home to numerous older walk-up flats concentrated in Sections 1,2,4 and 10.
SM Prime Holdings appoints Aurecon as designer of SM Megamall Towers
KUALA LUMPUR (Dec 14): The Philippines’ largest shopping mall and retail operator SM Prime Holdings has appointed Aurecon to provide structural engineering design services for its SM Megamall Towers (pictured) in Manila.
