Thursday, September 8, 2011

Kosmopolito to build another hotel in KL

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KUALA LUMPUR: Kosmopolito Hotels International Ltd, a subsidiary of Far East Consortium International Ltd, plans to build another hotel in K...

SP Setia gets nod to build extra units on Penang Island projects

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SP Setia will develop the Penang People's Park project on the grounds of the Penang International Sports Arena (Pisa). Pisa is an indoor...

Bank Negara move can affect housing demand

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GEORGE TOWN: Slower affordable property launches and less demand for such properties are some of the consequences of the proposed move by Ba...

Sime-E&O deal — what about minority shareholders?

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Sime Darby had on Aug 27 announced its intention to acquire 273 million Eastern & Oriental Bhd (E&O) shares and 60 million irredeema...

UOA Dev climbs on winning hotel job

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UOA Development Bhd, a Malaysian property developer, rose the most in a week in Kuala Lumpur trading after winning a RM101.4 million-contrac...
Wednesday, September 7, 2011

Questions over Bandar Raya property offer

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Should Bandar Raya Developments Bhd (BRDB) sell choice assets to its major shareholders? Ambang Sehati Sdn Bhd, which holds 18.88 per cent o...

BRDB deal may be bad for minority shareholders, some analysts say

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The Bangsar Shopping Centre PETALING JAYA: Analysts are mixed on the related-party transaction announced by Bandar Raya Developments Bhd (BR...

Depleting landbank may prompt BRDB to sell assets

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Analysts say Bandar Raya wants to increase its property development activities to improve earnings, which have been below par lately. Kuala ...

Property players concerned over new housing loan criteria proposal

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KUALA LUMPUR: A proposal to change the way housing loans are approved has property consultants and analysts worried as they felt loans given...

Brisk property sales in Singapore

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SINGAPORE: There were surprisingly brisk sales at property projects over the weekend, to give the month a rousing start after weeks of slow ...

UK house prices lower in August

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LONDON: British house prices fell 0.6% in August from July, when they had increased by 0.3%, a key survey by home loans provider Nationwide ...
Tuesday, September 6, 2011

Bandar Raya Developments asset proposal

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Targeted: Bangsar Shopping Centre is among the selected investment assets targeted by Ambang Sehati Sdn Bhd. PETALING JAYA: Property develop...

Bandar Raya chairman offers to buy 3 properties from group

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KUALA LUMPUR: Datuk Mohamed Moiz Jabir Mohamed Ali Moiz, chairman of Bandar Raya Developments Bhd (BRDB), has proposed to buy three properti...

Bandar Raya gains on assets sale plan

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Bandar Raya Developments Bhd, a Malaysian property developer, rose the most in two weeks in Kuala Lumpur trading after a major shareholder p...

Glomac keeps overseas investment option open

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KUALA LUMPUR: Glomac Bhd, a medium-sized property outfit, may invest overseas to diversify earnings if it gets projects with good returns. G...

Dijaya in RM228mil land deal

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PETALING JAYA: Dijaya Corp Bhd has entered into a conditional sale and purchase agreement with Taiyo Resort (KL) Bhd to acquire five parcels...

Dijaya to buy land in Kajang for RM228m

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KUALA LUMPUR: Dijaya Corp Bhd, a property developer, has agreed to buy five parcels of freehold land in Kajang, measuring about 80.4ha (198....
Monday, September 5, 2011

Bandar Raya goes mid-range with Verdana

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KUALA LUMPUR: Bandar Raya Developments Bhd (BRDB) expects its RM800 million Verdana project at north of Mont' Kiara to set a benchmark i...

E&O deal hogs limelight

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Coveted land: Phase one of Seri Tanjung Pinang in Tanjong Tokong. A second phase comprising two islands of 740 acres of land will be reclaim...

Property loans to keep lead

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PETALING JAYA: Analysts expect property loans to maintain their position as a key growth driver of credit expansion with some estimating the...