Scarce and pricey land drives up Sabah city centre property prices

KOTA KINABALU (Nov 16): Property prices in Kota Kinabalu’s city centre have shot up as land becomes more scarce and expensive, said Sabah deputy chief minister and state industrial development minister Datuk Seri Panglima Raymond Tan Shu Kiah (pictured) at the Malaysian Secondary Property Exhibition (Maspex) Sabah 2015, which ran from last Friday till yesterday.

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Maspex Sabah to showcase over RM1.6 bil worth of property

KOTA KINABALU (Nov 13): The inaugural Malaysian Secondary Property Exhibition (Maspex) Sabah 2015 – which runs from today until Sunday at Suria Sabah Shopping Mall – will offer 36 booths showcasing 3,000 properties in the secondary market worth over RM1.

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Tan Sri Lim Hock San bags WCES Lifetime Achievement Award

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.

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Axis-REIT to buy four plots of land for RM61 mil

KUALA LUMPUR (Nov 11): The trustee of Axis Real Estate Investment Trust (Axis-REIT), RHB Trustees Bhd, has signed a sale and purchase agreement with Axis AME IP Sdn Bhd to acquire four plots of freehold land in Johor for RM61 million.

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Damansara Realty says bidding for PPA1M jobs in reply to UMA query

KUALA LUMPUR (Nov 6): Damansara Realty Bhd, which received an unusual market activity (UMA) query from Bursa Securities on the sudden rise of its share price which soared 50% to hit a five-month high today, said it is participating in a public tender to construct housing develpment under Projek Perumahan Penjawat Awam 1Malaysia (PPA1M) at Putrajaya.

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