UOA Development acquires land in Sri Petaling for RM61m for mixed development
KUALA LUMPUR (Feb 24): UOA Development Bhd is acquiring a property development company that owns 9.
IOI Properties 2Q net profit plunges 60% on lower overseas project contribution, impairment loss
KUALA LUMPUR (Feb 24): IOI Properties Group Bhd's net profit plunged 60% to RM109.
IOI Properties' S'pore project faces setbacks, say sources
PETALING JAYA (Feb 24): IOI Properties Group Bhd’s proposed joint venture in the Marina Bay financial district has faced challenges in obtaining longer-term financing and fulfilling specific conditions precedent, reported The Edge weekly, citing sources.
Tadmax to return to the black in FY18
KUALA LUMPUR (Feb 23): Tadmax Resources Bhd, whose losses widened in the first nine months of 2017, expects to be on a better footing this year with the bulk of the group’s short-term financial commitments largely resolved.
Cahya Mata Sarawak 4Q net profit falls by a third, proposes 8 sen dividend
KUALA LUMPUR (Feb 23): Cahya Mata Sarawak Bhd's (CMSB) net profit fell 35.
MBPJ under fire for revealing identity of complainant to developer
PETALING JAYA (Feb 23): Majlis Perbandaran Petaling Jaya (MBPJ) has been lambasted for releasing personal information of a resident who had complained against construction work near her home, which has sparked privacy concerns that may silence future complainants.
MAREC’18 to focus on tackling challenges in the digital age
PETALING JAYA (Feb 23): More than 300 real estate industry players across Malaysia and overseas are expected to attend the upcoming Malaysian Annual Real Estate Convention 2018 (MAREC’18) on March 2 and 3 at Sime Darby Convention Centre, Kuala Lumpur.
GCI Development debuts in KL with hilltop villas in Taman Bukit Desa
KUALA LUMPUR (Feb 23): Having developed four projects in Singapore, GCI Development Sdn Bhd has made its debut in Malaysia with a boutique development comprising eight luxury villas in Taman Bukit Desa, Kuala Lumpur.
DONE DEAL: 4-storey bungalow, Jalan Bruas, Damansara Heights, KL
Rented for: RM18,000 Concluded by: Brandon Ann (REN 19897, 012-215 6317) of MIP Properties and Ahmad Firdaus (REN 15800, 016-217 9896) of Nilai Harta Consultant When: December 2017 Noteworthy: ● Freehold ● Land area: 22,200 sq ft ● Built-up area: over 10,000 sq ft ● 9 + 1 bedrooms and 9 bathrooms ● Partly-furnished with water heaters, lamps, kitchen cabinets, ceiling fans, curtains and air-conditioning units ● Facilities include swimming pool, guest house, entertainment hall and garden This large house is in Damansara Heights, an established suburb that features landed homes, office towers, shoplots, and various amenities.
