Tuesday, September 27, 2011

House prices to rise, costlier materials blamed

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KUALA LUMPUR: Property developers will be forced to raise prices of residential properties by as much as 20 per cent due to rising cost of b...

Rehda finds hope in housing market outlook despite negatives

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KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (Rehda) is “cautiously optimistic” of the housing market outl...

ETP projects to spur expatriate demand for high-end homes

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KUALA LUMPUR: The Economic Transformation Programme (ETP) is expected to drive foreign direct investments (FDI) that would in turn spur expa...

BRDB doing the right thing by calling for open tender for assets sale

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KUDOS should be given to Bandar Raya Developments Bhd (BRDB) for taking heed and acting on concerns raised by analysts, the media and the Mi...

BRDB will sell prized assets via open tender

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PETALING JAYA: In a surprise development, Bandar Raya Developments Bhd (BRDB) has ceased all negotiations to sell its prized assets to its m...

Bandar Raya changes tack

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BRDB says it will cease negotiations with Ambang Sehati which had offered to buy The Bangsar Shopping Centre, Menara BRDB, Capsquare Retail ...

MPHB sells Menara Multi-Purpose to MCA for RM375mil

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Menara Multi-Purpose, which is 99% occupied, has rental income of RM2.1mil per month PETALING JAYA: The Menara Multi-Purpose office tower in...

MCA buys Menara Multi Purpose

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KUALA LUMPUR: The Malaysian Chinese Association (MCA) has closed the deal on the Menara Multi Purpose for RM375 million, just in time to cel...

Tune Hotels aims to have 100 hotels by 2015

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KULIM: Tune Hotels aims to have a network of 100 hotels in Malaysia and overseas by 2015, says its chief executive officer, Mark Lankester. ...
Monday, September 26, 2011

Funtasy Island to develop eco theme park

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KUALA LUMPUR: Resort developer Funtasy Island Development Group has unveiled its multi-million-ringgit eco theme park project called Funtasy...

Iskandar Malaysia gets more hospitality investments

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JOHOR BARU: More investments are coming into the hospitality industry in Iskandar Malaysia from domestic and foreign players within the next...

GLCs vs private developers?

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UEM Land Bhd's acquisition of Sunrise Bhd, which developed Mont'Kiara in Kuala Lumpur, created the country's largest property de...
Saturday, September 24, 2011

Sunhor optimistic amid challenges

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Soho style: Lim by a wall-sized artist impression of Tigaman Square. He says a predominantly industrial area would augur well for a retail o...

Property developers on softer ground

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Kuala Lumpur: Property companies' earnings growth in fiscal 2012 will be affected by lower sales, analysts warn. Property developers are...

BRDB getting fair deal for assets?

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Hogging the spotlight this week was Bandar Raya Developments Bhd's (BRDB) acceptance of Ambang Sehati Sdn Bhd's proposal to buy over...

BRDB aims to deliver RM1bil in property sales annually

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Bandar Raya Developments Bhd has residential property developments worth about RM6bil in recognisable gross development value (GDV) over the...

Mah Sing wins big at NST Property Awards

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KUALA LUMPUR: Mah Sing Group Bhd won big at the NST Property Awards last night. Group managing director/group chief executive Tan Sri Leong ...

Beijing developer to invest RM2b in Iskandar

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KUALA LUMPUR: Iskandar Malaysia is set to receive some RM2 billion investments from a Beijing-based real estate developer. Zhuoda Real Estat...

Big drop in BLand Q1 net profit due to slower hotel, recreation and MICE businesses

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PETALING JAYA: Berjaya Land Bhd (BLand) posted a huge year-on-year dip in net profit to RM1.88mil for its first quarter ended July 31 from R...

SP Setia expands Aussie landbank

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PETALING JAYA: SP Setia Bhd is expanding its landbank in Australia through subsidiary SP Setia International Ltd with an investment of RM81m...