News about ng

PETALING JAYA (June 23): It looks like Beijing’s capital controls could threaten to derail residential property sales around the globe that has been fuelled by buyers from China.

KUALA LUMPUR (June 23): Malaysia announced today the request for proposal (RFP) to select Bandar Malaysia's master developer, the Finance Ministry said in a statement.

Magna Prima Bhd (June 22, RM1.

KUALA LUMPUR (June 23): S P Setia Bhd has signed a conditional share purchase agreement to acquire I&P Group Sdn Bhd from its controlling shareholder Permodalan Nasional Bhd (PNB) for RM3.

Sold for: RM690,000 (RM653 psf) Concluded by: Teoh Peng Peng (PV1436) of Hartamas Real Estate Sdn Bhd (018-206 7122) When: March 2017 Noteworthy: ● Freehold ● 1,057 sq ft unit ● Three bedrooms, two bathrooms ● Fully furnished with wet and dry kitchen, wardrobe and TV cabinet ● Facilities include swimming pool, gym room, children’s playground, 24-hour security and cafeteria ● Accessible via Damansara-Puchong Expressway (LDP), Sprint Expressway, Federal Highway and Jalan Universiti Located within Petaling Jaya’s vibrant SS2 neighbourhood, Ken Damansara 3 is a freehold condominium developed by Ken Holdings Bhd.

PETALING JAYA (June 22): Real estate portal The Edge Property has garnered US$4 million (RM17.

KUALA LUMPUR (June 22): Jaks Resources Bhd, whose profitability was dragged down by its loss-making property division in the financial year ended Dec 31, 2016 (FY16) and first quarter ended March 31, 2017 (1QFY17), said it would take some time for the division to start bearing profits.

KUALA LUMPUR (June 22): Dalian Wanda Group, owned by China's second richest man, Wang Jianlin, was in focus on Thursday as the shares and bonds of its units plunged, according to Bloomberg.

SINGAPORE (June 22): Consortium partners Singapore Press Holdings (SPH) and Kajima Development plan to develop over 600 residential units with a retail/commercial component of roughly 310,000 sf gross floor area at the Bidadari site they recently won.

KUALA LUMPUR (June 22): O&C Resources Bhd posted a net profit of RM1.