Sunsuria confirms deal to jointly develop Putrajaya land
KUALA LUMPUR (May 9): Sunsuria Bhd has partnered with Taiwan-based Ever Rich Land Co Ltd to turn a 3.
MWE intends to sell 9 parcels of land, golf club stake to trim debts
KUALA LUMPUR (May 6): MWE Holdings Bhd intends to sell nine parcels of leasehold lands and its entire stake in MWE Golf & Country Club Bhd to Newfields Land Sdn Bhd’s wholly-owned subsidiaries for RM55 million and RM1 respectively.
LBS Bina expects sales cancellation rate of 30% this year
KUALA LUMPUR (May 4): Property developer LBS Bina Group Bhd expects 30% of its overall project sales to be cancelled this year — the same ratio it saw last year — due mostly to buyers failing to obtain loans following cooling measures for the property market that were introduced by the central bank.
LBS Bina’s Cameron Centrum phase one launched
KUALA LUMPUR (May 3): Property developer LBS Bina Group Bhd (LBS) launched the first phase of the largest integrated development in Brinchang, Cameron Highlands today.
Hektar REIT eyeing malls in second-tier cities
KUALA LUMPUR (April 26): Hektar Real Estate Investment Trust (REIT), which expects to maintain its distribution per unit (DPU) at 10.
KLK Land unveils Hibiscus 2 2-storey terraced houses
PETALING JAYA (April 25): KLK Land, a subsidiary of KL-Kepong Bhd, has opened its Hibiscus 2 2-storey terraced houses in Bandar Seri Coalfields, Sungai Buloh for registration.
Hektar REIT allocates RM20m to upgrade Landmark Central
KUALA LUMPUR (April 25): Hektar Real Estate Investment Trust (REIT) will continue its mall enhancement initiatives this year, allocating RM20 million to increase the overall net lettable areas (NLA) of Landmark Central in Kedah by 20,000 sq ft to 300,000 sq ft.
JPPH aims to introduce rental data by October this year
PUTRAJAYA: The Valuation and Property Services Department (JPPH) aims to provide rental data on a subscription basis by October this year, said director general Datuk Faizan Abdul Rahman (pictured).
DONE DEAL: T-Parkland @ Templer Park condominium in Rawang
Sold for: RM455,000 (RM368 psf) Concluded by: Mike Yap of Vivahomes Realty (018-262 6898) When: March 2016 Noteworthy: • Freehold • 1,236 sq ft • 3 bedrooms and 2 bathrooms • Furnished with kitchen cabinet, built-in wardrobe, air-con and downlights • Newly-completed condominium • Level 6, facing swimming pool • Two car parking bays T-Parkland @ Templer Park by B&G Property is a condominium sitting on 3.
Crest Builder to jointly develop Jalan Ampang land with MRB
KUALA LUMPUR (April 21): Crest Builder Holdings Bhd’s 51%-owned unit, Landasan Bayu Sdn Bhd, has entered into a joint development agreement with the Malaysian Rubber Board (MRB) for the development of the latter’s piece of land in Jalan Ampang, Kuala Lumpur.
