Gromutual buys three pieces of land in Melaka for RM7.26 mil
KUALA LUMPUR (July 26): Property developer Gromutual Bhd has bought three pieces of land in Melaka for RM7.
China’s Dalian Wanda scraps bid for Bandar Malaysia project
KUALA LUMPUR (July 26): Dalian Wanda Group has abandoned its bid for the Bandar Malaysia project just three months after being considered a front runner, the South China Morning Post reported yesterday.
Gabungan AQRS fixes issue price for placement shares at RM1.35
KUALA LUMPUR (July 26): Gabungan AQRS Bhd has fixed the issue price for the placement of 19.
UPDATE Single authority for property market
KUALA LUMPUR (July 26): The government is looking into establishing a single authority to monitor Malaysia’s property market, amid issues of supply and demand mismatch within the affordable housing segment.
IWCity active, stages mild rebound
KUALA LUMPUR (July 26): Shares of Iskandar Waterfront City Bhd (IWCity) rebounded 1.
Johari: About eight firms interested to be Bandar Malaysia master developer
KUALA LUMPUR (July 25): Eight companies have registered interest to be the master developer of the RM12.
IWCity substantial shareholder Creed Asia trims stake
KUALA LUMPUR (July 25): Iskandar Waterfront City Bhd’s (IWCity) substantial shareholder Creed Asia Development (M) Sdn Bhd has trimmed its stake to 5.
What is the way forward for Singapore’s retail scene?
ONLY a handful of about 200 attendees at the recent Real Estate Developers’ Association of Singapore (Redas) property market update seminar on July 7 spent at least S$200 (RM630) in a Singapore shopping mall in recent months, according to a straw poll conducted by Knight Frank Singapore’s Wendy Low, executive director of retail, and Alice Tan, head of consultancy and research.
GuocoLand says first phase of Martin Modern sold out
SINGAPORE (July 24): GuocoLand Group says its development, Martin Modern, which was launched last weekend, saw "overwhelming interest" from buyers.
