Titijaya buys firm that owns Ampang land, plans RM1.5b mixed project
KUALA LUMPUR (March 28): Titijaya Land Bhd is buying shares of a loss-making privately-owned property company that owns a 27,550 sq m piece of land in Ampang here, for RM9.
IOI Properties chairman raises stake as shares hit all-time low
KUALA LUMPUR (March 28): Tan Sri Lee Shin Cheng (pictured), the founder of IOI Group Bhd, has been mopping up shares in the group’s property arm on the open market, even as the stock hit an all-time low on Monday.
IOI Properties introduces online community engagement platform
PETALING JAYA (March 21): IOI Properties Group Bhd has created an online community engagement platform via its mobile app IOI Community.
IOI Prop cancels agreement with Hongkong Land to jointly develop Singapore land
KUALA LUMPUR (March 13): IOI Properties Group Bhd (IOI Prop) has terminated its agreement with Hongkong Land International Holdings Ltd (HKLI) to jointly develop and manage a land parcel at Central Boulevard in Singapore.
IOI Properties secures S$1.6b long-term financing for S’pore JV, say sources
PETALING JAYA (March 10): IOI Properties Group Bhd has secured S$1.
‘Companies should tap soft market to relocate and retain talent’
KUALA LUMPUR (March 7): The current soft office market in Greater KL offers companies an opportunity relocate to better locations in order to retain talent, said training, recruitment and consultancy firm Smart Trends International Sdn Bhd chief operating officer Mahes Balakrisnan.
Semarak Residence records 45% take-up rate
PETALING JAYA (March 5): Felcra Properties Sdn Bhd, a subsidiary of Felcra Bhd, saw its latest luxury residence project Semarak Residence achieve a take-up rate of 45% since its launch in December 2017.
DONE DEAL: Industrial factory, Seksyen 34, Shah Alam
Rented for: RM28,000 a month Concluded by: Eric Mok (PEA 1617) of Ping Properties (012-338 0356) When: November 2017 Noteworthy: ● Land size: one acre ● Empty unit ● Built up: 16,500 sq ft According to Ping Properties probationary estate agent Eric Mok, who concluded the deal, the tenant of the factory liked the area given its proximity to the factory he has previously leased.
