Mapex 2016 eyes 40,000 visitors

PETALING JAYA (Mar 1): The Malaysian Property Expo (Mapex) 2016 is expected to generate RM500 million in sales, said its organising chairman Datuk Ng Seing Liong.

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MRT 2 major awards in the offing

Construction sector Maintain “overweight”: The Edge weekly reported that IJM Corp Bhd, Sunway Construction Group Bhd (SunCon) and Gadang Holdings Bhd are among the leading contenders for major work packages under the mass rapid transit (MRT) 2 line.

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EcoWorld eyes more Batu Kawan land

PETALING JAYA (Feb 29): Eco World Development Bhd (EcoWorld) is acquiring a 300-acre leasehold parcel in Mukim 13, Seberang Perai, owned by Batu Kawan Development Sdn Bhd (formerly Abad Naluri Sdn Bhd).

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West End Homes sold higher than £2,250 psf

PETALING JAYA (Feb 24): About 33% of London’s West End homes were sold for above £2,250 psf in the final quarter last year (4Q2015), compared with 10% of the market a year ago, said international property services firm CB Richard Ellis (CBRE) senior director Jamie Gunning in the firm’s report on the area’s residential market.

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Second tower of The Tamarind 80% sold

PETALING JAYA (Feb 26): The second tower of The Tamarind executive apartments in Penang by  Eastern & Oriental Bhd (E & O) is 80% sold since its launch in late-2015, the group said in a press statement.

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