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20 August, 2008 |
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Asiatic Land Development
Sdn Bhd is discussing
with US-based Simon
Property Group Inc (SPG)
to build the country’s
first Premium Outlet
centre here......More |
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The Al-Aqar KPJ Real
Estate Investment Trust
(REIT) is set to cross
its RM1bil target for
total asset size by
year-end......More |
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19 August, 2008 |
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Putrajaya Perdana Bhd’s
board of directors
advised its shareholders
to reject the takeover
offer by Utama Banking
Group Bhd (UBG) of the
remaining 68.6 million
shares or 49.1% of the
company for RM4.85 cash
a share or a total of
RM332.7mil in view of
the group’s strong
growth potential......More |
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UEM Land Bhd, which will
be listed on Bursa
Malaysia by November,
will expand its landbank
via acquistions beyond
Nusajaya to other parts
of the country and
offshore......More |
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18 August, 2008 |
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IJM Land Bhd, the new
listed vehicle of the
merged RB Land Bhd and
IJM Properties Sdn Bhd,
has big plans to build
up its reputation as a
leading property player
of iconic projects in
the country......More |
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HAVING the right product
mix and brand attributes
will ensure IJM Land Bhd
joins the league of
other well-regarded and
strong growing property
companies......More |
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AM ARA REIT Managers Sdn
Bhd has embarked on
enhancing the value of
its commercial property
assets, including a
rebranding exercise for
The Summit Subang USJ,
to boost earnings......More |
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PROPERTY developer
Crystalville Sdn Bhd,
which already has a
number of projects
within Sri Hartamas,
aims to turn Setapak
into a vibrant business
hub with the development
of Plaza Crystalville @
Setapak......More |
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THE withholding tax
imposed on dividends is
holding back the growth
of real estate
investment trusts (Reits)
despite their high
defensive qualities,
especially in the
current bearish market......More |
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16 August, 2008 |
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Mutiara Goodyear
Development Bhd will
launch freehold Prima
Avenue at Tropicana
today despite rising
building material costs,
said chief executive
officer Kee Cheng Teik......More |
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Iskandar Investment Bhd
(IIB) is targeting to
attract RM500mil of
investments into
Iskandar Malaysia from
Singapore in three to
six months....More |
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THERE has indeed been
much ado about our
Malaysian Real Estate
Investment Trusts (or
MREITs) since its “face
lift” introduction to
Malaysia in 2005.....More |
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15 August, 2008 |
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It
was all quiet on the
central front for
property-based Malaysian
Pacific Corp Bhd (MP
Corp) due to a delay in
the sale of its Wisma
MPL in Kuala Lumpur.....More |
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The Construction
Industry Development
Board of Malaysia (CIDB)
has allocated about
RM80mil this year, an
increase of 60% from
last year, to push for
greater training
programme initiatives in
the construction
industry....More |
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11 August, 2008 |
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The Government's recent
approval of price
variations in on-going
and new projects will
probably lead to a sigh
of relief among
contractors....More |
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CAPITALAND Ltd, which
sees good growth
potential in Malaysia's
property market, is keen
to expand its presence
in the country by going
into more exciting and
challenging projects
that will spice up the
local property landscape....More |
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LEVERAGING on its
residential, office,
retail, and hospitality
development
competencies, CapitaLand
Ltd is keen to expand
its foray to more growth
markets overseas, a
senior company executive
said.....More |
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THE high-end property
boom of the last few
years, particularly in
the top two prime
locations in the Klang
Valley – KLCC and Mont'
Kiara/Sri Hartamas, has
made it increasingly
more expensive to own a
condominium, serviced
apartment or landed
property.....More |
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Y&Y Property Development
Sdn Bhd, which has
retained most of its
developments for
long-term investment,
plans to add its latest
project Shamelin Heights
Business Park to its
portfolio.....More |
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09 August, 2008 |
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When he bought a piece
of farmland in Shanghai
in 1994, few thought it
was a good decision.
“Why Shanghai?” they
asked. Perhaps Australia
or even Indonesia, but
why China?....More |
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Located in Shanghai’s
Minhang District, Royal
Garden is a thriving
community with
world-class facilities
and amenities. It is the
centre of life for
residents with
discerning tastes and
uncompromising
expectations of quality....More |
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A minimalist design
follows an understated
approach in providing
maximum comfort and
convenience without
excessive design and
clutter. At Royal
Garden, spaces, objects
and things - the
elements of minimalist
design - have all been
carefully considered for
their form and function.
Each element exists
individually, yet forms
part of a larger,
integrated environment....More |
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07 August, 2008 |
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The liberalisation of
the domestic steel
market has not resulted
in an artificial
shortage of the
commodity or higher
steel exports as claimed
by local housing
developers and
construction industry
players....More |
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Mutiara Goodyear
Development Bhd will
launch two projects this
year despite rising
building material costs,
says chief executive
officer Kee Cheng Teik....More |
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Tanah Sutera Development
Sdn Bhd wants to
position its Taman
Sutera Utama development
as the “central hub of
Skudai”.....More |
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06 August, 2008 |
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Malton Bhd has received
overwhelming response
for its latest high-end
project, The Grove @
SS23, since it was
opened for registration
recently....More |
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Axis REIT Managers Bhd,
which expects to
complete by year-end the
acquisition of three
properties worth about
RM40mil, is eyeing
another RM560mil worth
of assets....More |
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05 August, 2008 |
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CAPITALAND Ltd’s plans
to list a RM2bil
pure-play retail real
estate investment trust
(REIT) on Bursa Malaysia
later this year will add
more depth to and
attract greater trading
interest in the local
market, say industry
observers....More |
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LAST week’s announcement
of a monthly review of
petrol prices may not be
very helpful to the
housing and construction
industries....More |
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04 August, 2008 |
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BOUTIQUE property
developer Urban Hallmark
Properties Sdn Bhd aims
to lift the benchmark of
luxurious residential
living through its
maiden project Zephyr
Point on Basong in
Damansara Heights....More |
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HIGHER construction
costs can lead to
shortage of high-rise
properties with price
ranging from RM300,000
to RM400,000 on the
island over the next two
years.....More |
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THE escalating cost of
building materials is
raising concerns over
the widening gap between
the income levels and
the selling price of
properties as well as
availability of
affordable housing...More |
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02 August, 2008 |
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Iskandar Malaysia has
spurred growing market
demand for high-end
properties that was
virtually non-existent
in South Johor
previously, said Berinda
group sales manager Lim
Sung Heng....More |
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HAVING taken tough
measures to counter the
rising cost scenario,
property developers have
stepped forward to
suggest a series of
measures that can help
kickstart the industry
and put the players on
firmer ground....
More |
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COMPLETED several months
ago, this split-level
double-storey bungalow
is located in a much
sought after address in
the city – Bukit
Damansara, Kuala Lumpur....
More |
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NOW that Boustead
Holdings Bhd has
successfully completed
its privatisation of
Boustead Properties Bhd,
it is going to focus on
branding....
More |
