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Land is a limited resource, simple as that, and considering that fact alone, we can assume that land values will grow over time especially in land-scarce urban areas.

PETALING JAYA (Dec 31): Exopuri Development Sdn Bhd has signed a management agreement with InterContinental Hotels Group (IHG) to manage the 288-room Holiday Inn & Suites at Juru Sentral, Central Seberang Perai, set for completion in 2019.

SINGAPORE (Dec 30): Lower sales from Second Chance Properties’ apparel, properties and securities business cut its 1Q17 net profit by half to S$1.

Scientex Bhd (Dec 29, RM6.

KUALA LUMPUR (Dec 29): Property developer Bina Darulaman Bhd said it is acquiring three plots of land in Sungai Petani from the Kedah State Development Corporation (PKNK) for RM4.

Mitrajaya Holdings Bhd (Dec 28, RM1.

KUALA LUMPUR (Dec 29): Property developers are expected to register another year of slow performance in 2017 amid a lack of catalysts for the segment, as cooling measures introduced by the central bank to rein in speculation continue to be the main hurdle for property companies.

KUALA LUMPUR (Dec 29): Mulpha International Bhd said it is subscribing for US$60 million (RM268.

KUALA LUMPUR (Dec 29): Econpile Holdings Bhd, along with its joint venture (JV) partner China Communications Construction Co (M) Sdn Bhd (CCCC), has won an RM389.