News about ng

TROPICANA Corp Bhd has launched its property bidding campaign, where the lowest unique bid wins, starting from a floor price of RM538,888 (for a Tropicana Metropark condominium).

THE outlook for Malaysia’s property market may not be bright at the moment but JLL Property Services (Malaysia) Sdn Bhd country head and managing director YY Lau (pictured) thinks pockets of opportunities can be found if you know where to look.

PETALING JAYA (April 1): Acclaimed Iraqi-British architect Zaha Hadid, whose iconic projects include the London Olympics Aquatics Centre, the Bahrain International Circuit and the Beijing New Airport Terminal building has passed away at the age of 65 from a heart attack.

KUALA LUMPUR (April 1): Prasarana Malaysia Bhd, which targets to turn profitable in the second half of next year, said it is looking at spinning off some of its assets into a real estate investment trust (REIT) and pare down its debt.

WHEN the going gets tough, the tough must get going.

Sold for: RM1.

KUALA LUMPUR (March 31): S P Setia Bhd's unit Setia EcoHill Sdn Bhd is seeking an additional RM75 million to finance the development of a clubhouse and an international school at its Semenyih property development project.

FROM a rubber estate to a self-contained high-end township, Bangsar is one of Kuala Lumpur’s real estate crown jewels.

KUALA LUMPUR (March 31): MMC Gamuda KVMRT (T) Sdn Bhd (MGKT) has bagged the largest work package for the construction of the MRT Sungai Buloh-Serdang-Putrajaya (SSP) Line, also known as MRT2, valued at RM15.

WHO: Tang Mun Kian, Desmond Phang and Bernard Chong met while working at the same advertising agency and struck up a friendship that has endured for more than a decade and counting.