Building a township around Xiamen University Malaysia
FOR Sunsuria Bhd, developing the freehold, 525-acre Sunsuria City in Salak Tinggi has been a journey of faith.
Gamuda Land targets to unveil Kundang Estates by end-July
KUANG (June 18): Gamuda Land, the property arm of construction group Gamuda Bhd, aims to launch Kundang Estates residential development in Kampung Baru Kundang, Kuang, at the end of next month, said the developer’s chief operating officer, Ngan Chee Meng.
More than 5,000 cases related to developers settled by tribunal
KUALA LUMPUR (June 17): A total of 5,851 out of 6,534 cases of housing developers who did not abide by the sale and purchase agreement since 2013 to May 31 this year have been settled by the National Housing Tribunal, Bernama reported yesterday.
MOU to build Borneo744 township in Kuching inked
PUTRAJAYA (June 17): Prime Minister Datuk Seri Najib Tun Razak today witnessed the inking of the memorandum of understanding (MOU) to establish the first Blue Ocean Entrepreneurs Township (BOET) in Bintawa, Kuching, also known as the Borneo744 project, Bernama reported.
Limited downside for S P Setia in case of Brexit, says CIMB IB
KUALA LUMPUR (June 17): CIMB Investment Bank Bhd (CIMB IB) is projecting a limited downside for S P Setia Bhd if the UK votes to leave the European Union (EU).
Sunway expects to sustain performance despite challenges
KUALA LUMPUR (June 17): Sunway Bhd expects to sustain its performance for the current financial year ending Dec 31, 2016 (FY16) despite challenges faced by the property and construction sectors.
First phase of Bandar Malaysia to cost up to RM60 bil
KUALA LUMPUR (June 17): The first phase of the Bandar Malaysia project is expected to cost between RM50 billion and RM60 billion, said Iskandar Waterfront Holdings Bhd (IWH) executive vice-chairman Tan Sri Lim Kang Hoo (pictured).
TRX City’s net profit drops 55%
PETALING JAYA (June 17): TRX City Sdn Bhd, the property development arm of 1Malaysia Development Bhd (1MDB), achieved a net profit of RM380.