Where will you reside when you’re old?
Housing projects designed specifically for mobile and independent retirees are nothing unusual in many developed countries.
WZR Property to launch two more phases of The Earth
PETALING JAYA (Feb 11): WZR Property Sdn Bhd will be launching two new phases of its Bukit Jalil development — The Earth, by the end of next month, according to the company’s director of development Ibrahim Rahmad.
ZEPP Hall signs 20-year lease deal with BBCC
KUALA LUMPUR (Feb 10): BBCC Development Sdn Bhd, the developer of the Bukit Bintang City Centre (BBCC) project has inked an Agreement to Lease (ATL) today with Zepp Hall Network Inc (Zepp Hall) for a 20 year lease tenure to operate a Zepp branded concert hall at BBCC.
Affordable housing proves to be fruitful for O&C Resources
KUALA LUMPUR (Feb 10): In May last year, O&C Resources Bhd (OCR) shareholders gave the rubber and baby products manufacturer the greenlight to diversify into property development.
Iskandar Malaysia can tap overseas market
PETALING JAYA (Feb 10): Property prices in Johor’s Iskandar Malaysia is expected to drop in 2017 due to weak market sentiments and other challenges, but there are opportunities for developers to target buyers from overseas, said Landserve (Johor) Sdn Bhd executive director Wee Soon Chit.
DONE DEAL: Desa Green serviced apartment @ Taman Desa, Kuala Lumpur
Sold for: RM435,000 (RM753 psf) Concluded by: Derrick Hum (REN 10765) of Property Exchange (012-723 0309) When: October 2016 Noteworthy: ● Freehold ● 578 sq ft ● One bedroom and one bathroom ● High floor ● Facilities: Children’s playground, wading pool, gymnasium, leisure pool, lap pool, multipurpose hall, open terrace and sauna Situated on a three-acre freehold site, Desa Green is a high-density serviced apartment developed by UOA Development Bhd.
Frasers Centrepoint’s 1Q earnings nearly double to S$187.5 mil
SINGAPORE (Feb 9): Frasers Centrepoint Ltd (FCL) has announced 1Q2017 earnings of S$187.
Singhaiyi posts 52% earnings decline for 3Q
SINGAPORE (Feb 9): Singhaiyi property group reported earnings of S$1.
JLL introduces virtual reality tool
KUALA LUMPUR (Feb 9): Real estate consultancy JLL has introduced VR360, a new technology application that allows clients to watch their real estate projects being built from anywhere in the world.
Tanco disposes of Duta Vista suites for RM50 million
KUALA LUMPUR (Feb 9): Tanco Holdings Bhd is selling off all the unit parcels in Duta Vista Executive Suites in Kuala Lumpur to Penang-based real estate company Eternal Village Sdn Bhd for RM50 million.
