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PETALING JAYA (Nov 13): Sunway Bhd’s Sunway Velocity integrated development in Taman Maluri, Cheras is now 40% developed and is on track for completion in 2019, the company revealed in a press release today.

KUALA LUMPUR (Nov 13): Encorp Bhd has entered into a joint venture (JV) with an Australian developer to jointly undertake a proposed mixed development in Australia that has an estimated gross development value of A$75.

KUALA LUMPUR (Nov 13): A third party not linked to or authorised by 1Malaysia Development Bhd (1MDB) and the government, is purporting to be the project manager for Bandar Malaysia and Tun Razak Exchange (TRX) developments.

PETALING JAYA (Nov 13): LBS Bina Group Bhd managing director Tan Sri Lim Hock San won the World Chinese Economic Summit (WCES) Lifetime Achievement Award for enhancing relations with China during a presentation at the 7th World Chinese Economic Summit in the UK.

KUALA LUMPUR (Nov 13): The race to pick up a 60% stake in 1Malaysia Development Bhd’s (1MDB) prized project Bandar Malaysia is down to two bidders, one of which is said to be a consortium led by a China-based company in a tie-up with tycoon Tan Sri Lim Kang Hoo and several other local developers.

KUALA LUMPUR (Nov 12): Property developer Selangor Dredging Bhd's (SDB) associate company SDB Guernsey Ltd has entered into a sale and purchase agreement (SPA) with AL.

Sold for: RM2.

PETALING JAYA (Nov 12): Ahmad Zaki Sdn Bhd, a subsidiary of Ahmad Zaki Resources Bhd and Getrahome Sdn Bhd have won contracts to develop residential projects under the Bumiputera developer category in Kwasa Damansara, announced its Master developer Kwasa Land Sdn Bhd today.

PETALING JAYA (Nov 11): Despite instructions from Petaling Jaya City Council (MBPJ) to developers to begin constructing roads in Damansara Damai on Friday, residents are demanding Selangor Menteri Besar Azmin Ali intervene because no work has started.