Bangladeshis running illegal homestay biz arrested
PETALING JAYA (March 10): Immigration officers arrested 28 Bangladeshis for running a homestay business at a luxury home in Kuala Lumpur without valid documents, reported The Star.
Crest Builder eyes Kepong Metropolitan Park land
PETALING JAYA (March 10): Construction and property development firm Crest Builder Holdings Bhd is eyeing a land swap deal worth RM400 million for a parcel in the Kepong Metropolitan Park, reported The Edge weekly.
IOI Properties secures S$1.6b long-term financing for S’pore JV, say sources
PETALING JAYA (March 10): IOI Properties Group Bhd has secured S$1.
New office space in Greater KL to be absorbed in seven years, says consultant
KUALA LUMPUR (March 9): New office space in Greater Kuala Lumpur coming up over the next four years will take seven years to be absorbed, chairman of property consultancy Savills Malaysia Sdn Bhd Christopher Boyd told The Malaysian Insight today The increase of 21 million sq ft will take seven years to be occupied at “an optimistic calculation of 2.
Felda says it has regained possession of Jalan Semarak land
KUALA LUMPUR (March 9): The Federal Land Development Authority (Felda) has confirmed today that the 16 parcels of land in Jalan Semarak involved in a dubious land ownership transfer deal has been re-registered under its name.
Discovery Gallery for first luxury senior living project in Malaysia officially launched today
KUALA LUMPUR (March 9): Pelaburan Hartanah Bhd (PHB), UEM Group Bhd (UEM Group), and Japan’s Medical Care Service Inc (MCS) officially launched the discovery gallery of a joint project between the three parties known as Rei Seraya Residence — Malaysia’s first luxury senior living project with care services — on Jalan Ampang, next to Gleneagles hospital.
Collapse at construction site kills worker, injures four
KUALA LUMPUR (March 9): The accidental collapse of steel beams at a construction site in Bukit Beruntung, Selangor, has resulted in the death of an Indonesian worker, The Star Online reported today.
Platinum Victory plans RM2b launches
KUALA LUMPUR (March 9): Unfazed by the current market slowdown, Platinum Victory Development Sdn Bhd is lining up some RM2 billion worth of new property launches this year and is confident that the property market will pick up soon.
S P Setia to buy rest of Setia Federal Hill for RM431.89m
KUALA LUMPUR (March 9): S P Setia Bhd yesterday entered into a sale and purchase agreement with Mekar Gemilang Sdn Bhd to acquire the remaining 50% stake in Setia Federal Hill for RM431.
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