News by M

The Grand Borneo Hotel was purchased in 2012 for RM86.4 million.

Hong Leong said S P Setia sold RM2.1 billion worth of properties during the first half ended June 30, 2017 (1HFY17). 

Sunway Bhd has entered into a joint venture agreement with Huatland Development Sdn Bhd with a 55% stake to form a JV company.

Changes in design, inflation, fluctuation in exchange rate also play a role — S P Setia

Sold for: RM880,000; Concluded by: Lai Yan Yin (REN 17086) of MIP Properties Sdn Bhd (012-881 8886) and Calvin Moy (REN 04457) of Reapfield Properties Sdn Bhd (016-692 1567); When: June 2017

The MACC also confirmed that they have conducted a search at Mohd Isa’s houses in Linggi, Port Dickson; Lavender Heights, Seremban; and Bandar Baru Nilai

The Park 2 has an estimated RM720 million gross development value, and comprises 385 and 324 serviced units in Tower 1 and Tower 2, respectively.

Knight Frank Malaysia pointed out that developers are scaling back on new property launches, especially in the high-end condominium market amidst continued weak demand.

Ascott Residence Trust Management is an indirect wholly-owned subsidiary of CapitaLand.

Group plans to increase its manufacturing capacity to 8,000 apartment units per year by 2018.