Saturday, June 30, 2012

Tradewinds kicks off RM6b project, upgrades more assets

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KUALA LUMPUR: Tradewinds Corp Bhd (TCB) will demolish the Crowne Plaza Mutiara Kuala Lumpur and Kompleks Antarabangsa as early as the firs...

Where land is scarce, the sky’s the limit

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Low showing an artist impression of the Penang World City project. IMPACTED by high-land cost in Penang, Ivory Properties Group Bhd will...

KSL awaiting nod for project

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PROPERTY developer KSL Holdings Bhd is yet to receive building approval for its proposed 10-storey high-end condominium development in Jalan...

Selling a haunted house

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SELLING a house, even in a stable property market, can be quite a challenge. But what if the home you’re trying to dispose of happens to b...

Housing fund poser

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Is the 3% deposit imposed enough to revive abandoned projects? Recently, it was reported that an amendment to the housing Development Act ...

Starhill REIT revalues The Residences

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KUALA LUMPUR: Starhill REIT (real estate investment trust) has carried out a revaluation of The Residences which is housed under its portfol...
Friday, June 29, 2012

LBS targets China property launch

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PETALING JAYA: LBS Bina Group Bhd plans to launch its maiden property project in Zhuhai, China, by the middle of next year. Managing direc...

Crest Builder unit to build RM1.3bil project

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KUALA LUMPUR: Crest Builder Holdings Bhd’s 51%-owned subsidiary, Landasan Bayu Sdn Bhd, had received a letter of intent from Lembaga Getah M...

Crest Builder plans RM1.3b project in KL

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KUALA LUMPUR: Crest Builder Holdings Bhd will develop a mixed property project at Jalan Ampang, Kuala Lumpur, generating RM1.33 billion in g...

Tradewinds to redevelop Crowne Plaza

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KUALA LUMPUR: Tradewinds Corp Bhd (TCB) confirmed today that it will demolish the Crowne Plaza Mutiara Hotel and Kompleks Antarabangsa in Ja...
Thursday, June 28, 2012

Crowne Plaza to make way for Tradewinds Centre project

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KUALA LUMPUR: Tradewinds Corp Bhd (TCB) is scheduled to demolish two of its buildings here next year to make way for the Tradewinds Centre...

KLCC Property shares advance on REIT option

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KUALA LUMPUR: Shares of KLCC Property Holdings Bhd (KLCCP) rose to a high of RM4.32 on Thursday after it announced plans to look into the se...

Why no notice on high-rise project

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Application withdrawn: A developer had submitted their plans to build a SoHo and serviced apartment on the land that is currently used as ...

Faber to continue expanding integrated facilities management division

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KUALA LUMPUR: Faber Group Bhd will continue to expand its integrated facilities management (IFM) business locally and overseas by targeting ...

UK house prices drop in June-Nationwide

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LONDON: British house prices fell back in June with the annual pace of decline reaching its highest rate for almost three years as the econo...
Wednesday, June 27, 2012

IGB eyes hospitality, office REITs

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KUALA LUMPUR: IGB Corp Bhd (IGB), which will have RM800 million cash following the listing of IGB Real Estate Investment Trust (REIT), is lo...

Glomac FY12 profit jumps 36% on property sales

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PETALING JAYA: Glomac Bhd announced a 36.2% jump in its financial year 2012 (FY12) net profit from RM62.98mil to RM85.78mil, attributable to...

IGB Corp to fund growth with REIT listing proceeds

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KUALA LUMPUR: IGB Corp Bhd is expecting to raise some RM800mil in cash from the upcoming listing of its retail real estate investment trust ...

BB Plaza to make way for MRT station

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Landmark: The iconic 38-year-old BB Plaza, located in the heart of Kuala Lumpur, will be demolished to make way for the MRT project. KUA...

UMLand upbeat on new projects

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KUALA LUMPUR: United Malayan Land Bhd (UMLand) is upbeat on its plan to launch about 1,500 units of mixed properties with a gross developmen...