Chief minister to answer public queries on Gurney Wharf
GEORGE TOWN (Feb 24): Penang is currently taking feedback from the people about the landscaping and design of the new-look Gurney Wharf, chief minister Lim Guan Eng (pictured) said today.
Matrix Concepts posts record sales in 2015, pays 3.75 sen dividend
KUALA LUMPUR (Feb 24): Negeri Sembilan property developer Matrix Concepts Holdings Bhd posted record property sales of RM805.
Prove claim demolished building was Raffles residence, says Penang mayor
GEORGE TOWN (Feb 24): Penang Island City Council (MBPP) today reiterated that it had no records to show that a building demolished on the Runnymede property in George Town was the home of Singapore founder Sir Thomas Stamford Raffles.
Ideal Sun City aims to secure 3 contracts worth RM40m in next 6 months
GEORGE TOWN (Feb 24): Property management service provider Ideal Sun City Holdings Bhd aims to secure three contracts worth up to RM40 million in total in the next six months, propelling its transfer to the Main Board on Bursa Malaysia in a year's time.
Pine Valley to launch in June
PUTRAJAYA (Feb 24): Encouraged by the overwhelming sales of the first phase, Putrajaya Holdings Sdn Bhd – the master developer of Putrajaya – is aiming to unveil the second phase of Pine Valley 2-storey terraced houses in June this year.
Genting Malaysia doubles its investment in GITP
KUALA LUMPUR (Feb 24): Genting Malaysia Bhd (Genting Malaysia) is raising its investment to RM10.
Fiamma to launch projects worth RM500 mil this year
KUALA LUMPUR (Feb 24): Fiamma Holdings Bhd plans to launch three property projects with a combined gross development value (GDV) of RM500 million this year, which are expected to bring in more than 10% of property sales to the group in the next three to four years.
Knight Frank: 72% of investors eyeing commercial properties in 2016
KUALA LUMPUR (Feb 23): About 72% of property developers, fund and real estate investment trust (REIT) managers and lenders intend to invest in commercial properties in 2016, despite 57% of respondents saying they are less optimistic on the sector’s outlook, according to a new survey by global property consultancy Knight Frank.
Knight Frank: Cautious sentiment in KL’s high-end condo market
AGAINST a backdrop of softening demand, a weak economy and cooling measures, market sentiment in the high-end condominium segment in Kuala Lumpur is expected to remain cautious, says Knight Frank Malaysia in its Real Estate Highlights 2H2015 report.
Yong Tai to start Phase 1 of Impression City worth RM1.1b GDV in 3Q
KUALA LUMPUR (Feb 23): Garment-maker-turned-property developer Yong Tai Bhd will kick off its Impression City development in Melaka in the third quarter of this year, with the first phase carrying an estimated gross development value (GDV) of RM1.
