Best Western Hotels & Resorts launches GLō boutique hotel brand
BANGKOK (Oct 1): Best Western Hotels & Resorts has launched its seventh hotel brand -- GLō, to cater to the need of savvy travellers who want a hip and boutique-style experience.
Protasco scores AFC project worth RM44 million
KUALA LUMPUR (Sept 30): Property developer Protasco Bhd's wholly-owned subsidiary HCM Engineering Sdn Bhd has received a letter of acceptance to design and build an additional four-storey building with basement car park worth RM44 million from Asian Football Confederation.
Takaso plans RM45.4 mil PJ property venture via stake buy
GEORGE TOWN (Sept 30): Loss-making Takaso Resources Bhd, which is buying a 50% stake in a firm that owns two pieces of contiguous tracts measuring some 32,206 sq ft (0.
E&O eyes foreign buyers to realise FY16 earnings goal
KUALA LUMPUR (Sept 30): High-end property developer Eastern & Oriental Bhd (E&O) is maintaining its target of achieving RM173 million in net profit for the financial year ending March 31, 2016 (FY16) despite a challenging outlook for the company in view of the soft property market.
Weak market sentiment, developers, holding back launches
The Klang Valley residential market continued to slump for the second quarter of 2015 (2Q2015) in the aftermath of the implementation of the Goods and Services Tax (GST) in April, coupled with the weakening of the ringgit, which have tightened domestic spending.
Penang affordable housing open to skilled workers
The Penang government today launched the ‘Talents and Skill’ category for workers looking to buy affordable homes in the state.
Kwasa Land awards first infrastructure works to WCT Holdings
PETALING JAYA (Sept 29): Kwasa Land, the master developer for Kwasa Damansara has awarded its first main infrastructure works project (WPC 1A) to WCT Holdings Bhd (WCT).
Brem sees flat earnings growth in FY16
KUALA LUMPUR (Sept 29): Midsize property developer Brem Holding Bhd, which is expecting the financial year ending March 31, 2016 (FY16) to see flat year-on-year earnings growth, said its civil engineering and construction segment would drive the company’s earnings going forward as its property segment faces a slowdown in sales.
CitiZen@Old Klang Road open for sale next month
KUALA LUMPUR (Sept 29): Old Klang Road, which has seen new developments mushrooming in recent years, will soon see another serviced apartment project.
Parkfield Residences 2-storey terraced houses 70% sold
KAJANG (Sept 29): Tropicana Heights Kajang’s second phase, Parkfield Residences, has seen a take-up rate of over 70% and 50% for its 2-storey terraced houses and 3-storey linked semi-detached houses respectively, said Tropicana Corp Bhd executive director Kelvin Choo.
