Bangladeshis running illegal homestay biz arrested
PETALING JAYA (March 10): Immigration officers arrested 28 Bangladeshis for running a homestay business at a luxury home in Kuala Lumpur without valid documents, reported The Star.
Mammoth Empire divides Empire City Damansara 2 land
PETALING JAYA (March 10): Mammoth Empire Holdings Sdn Bhd (MEH) has decided to divide its 64-acre parcel earmarked for Empire City Damansara 2 (ECD2) along the Damansara-Puchong Highway here into smaller plots to be sold, developed in joint ventures or both, said its group executive director Datuk Danny Cheah.
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.
New office space in Greater KL to be absorbed in seven years, says consultant
KUALA LUMPUR (March 9): New office space in Greater Kuala Lumpur coming up over the next four years will take seven years to be absorbed, chairman of property consultancy Savills Malaysia Sdn Bhd Christopher Boyd told The Malaysian Insight today The increase of 21 million sq ft will take seven years to be occupied at “an optimistic calculation of 2.
Felda says it has regained possession of Jalan Semarak land
KUALA LUMPUR (March 9): The Federal Land Development Authority (Felda) has confirmed today that the 16 parcels of land in Jalan Semarak involved in a dubious land ownership transfer deal has been re-registered under its name.
Discovery Gallery for first luxury senior living project in Malaysia officially launched today
KUALA LUMPUR (March 9): Pelaburan Hartanah Bhd (PHB), UEM Group Bhd (UEM Group), and Japan’s Medical Care Service Inc (MCS) officially launched the discovery gallery of a joint project between the three parties known as Rei Seraya Residence — Malaysia’s first luxury senior living project with care services — on Jalan Ampang, next to Gleneagles hospital.
Nudie pix in S’pore property listing sparks investigation
PETALING JAYA (March 9): A property listing for a mansionette in Choa Chu Kang, Singapore, featuring a nude shot of a man has prompted the Council for Estate Agencies (CEA) — which regulates the island republic’s real estate industry — to investigate the incident, reported the Straits Times.
S P Setia to buy rest of Setia Federal Hill for RM431.89m
KUALA LUMPUR (March 9): S P Setia Bhd yesterday entered into a sale and purchase agreement with Mekar Gemilang Sdn Bhd to acquire the remaining 50% stake in Setia Federal Hill for RM431.
DRB-Hicom swaps real estate for tracts in Tebrau
KUALA LUMPUR (March 9): DRB-Hicom Bhd intends to swap its real estate, including land and a golf resort in the Klang Valley, with its controlling shareholder Tan Sri Syed Mokhtar al-Bukhary (pictured) for industrial land in Tebrau, Johor, and RM288.
