WCT pays 1MDB RM223 million @ RM3,100 psf for TRX land
1MDB Real Estate Sdn Bhd (1MDBRE) yesterday awarded WCT Holdings Bhd a RM754.8 million contract to build infrastructure and roadway works for the Tun Razak Exchange (TRX).
PROPERTY SNAPSHOT 2: What’s affordable in Ampang?
East of Kuala Lumpur city, the Ampang municipality of Selangor is one of the Klang Valley’s oldest ’hoods . Many low-cost flats dot its housing estates while upmarket residences converge around Kelab Darul Ehsan golf course and along Jalan Ampang.
Sungei Wang Plaza to remain a laggard for CMMT
The gross revenue improved mainly due to the completion of the acquisition exercise of Tropicana City Mall and Office Tower, as well as higher rental at East Coast Mall following an asset enhancement exercise.
Penang signs deal with Aga Khan Trust to manage and develop George Town
Chief Minister Incorporated (CMI) signed a Management Collaboration Agreement with the Aga Khan Trust for Culture (AKTC) and Think City Sdn Bhd today in Chantilly, France.
KL-Singapore high-speed rail draws response from 150 firms to info request
In a joint statement today, the Land Public Transport Commission (SPAD) and Singapore’s Land Transport Authority (LTA) said these companies and consortia come from across the HSR value chain and include entities based in Malaysia, Singapore, Asia-Pacific, Europe, the Middle East and North America.
Guocoland is disposing of Sepang land to Putrajaya Properties for RM475m
Upon completion of the proposed disposal, Vintage Heights is expected to realise a net gain on disposal of approximately RM290 million. About RM116 million is expected to be attributable to Guocoland.
GUH plans to launch RM400 mil high-end residential project in Seremban next year
Company has land bank in Negeri Sembilan, Penang and in Kedah where it hopes to build a township.
Don’t rush to sell your land, Najib tells Kampung Baru residents
Najib said the future developments of Kampung Baru would benefit the Malays with poor living standards, such as those living in squatter homes and underdeveloped areas.
PROPERTY SNAPSHOT 1: A lull for Ampang property
Based on theedgeproperty.com’s analysis of transactions, both prices and transaction volumes of non-landed residences in Ampang, Selangor have softened in 2014 since hitting their peak in 4Q2013.
Ampang Park owners get another option to land acquisition
MRT Corp Commercial and Stakeholder Relations director Haris Fadzilah Hassan told The Malaysian Insider that two options were given at a meeting yesterday with the Ampang Park Management Corporation.
