News by M

The Penang Development Corp has accepted an offer by UDA Holdings Bhd to sell its stake in Tropical Island Resort Sdn Bhd (TIRSB) to Ideal Property Development Sdn Bhd for RM156 million.

Despite the soft property market, OCR Land Holdings Sdn Bhd is eyeing a 100% take-up rate for its serviced residence project The Pano @ Jalan Ipoh by 1Q2017.

RHB Retail Research said Malton Bhd may climb higher after inching above the 68.5 sen level in its latest session, albeit marginally.

The Edge Malaysia Property Excellence Awards 2016 (TEPEA 2016) gala dinner, which was held at the Hilton Kuala Lumpur on Oct 31, saw more than 450 industry players and experts gathering to celebrate the industry’s best.

The stronger bottomline was driven by a 44.4% increase in revenue to S$47 million due mainly to sales recognition of two residential projects in Melbourne and Gold Coast, Australia.

Global Oriental Bhd (GOB) presented and handed over a unit of its Galleria serviced apartment worth RM474,200 to Olympic silver medallist and mixed doubles badminton player Chan Peng Soon today.

Simple passive design strategies can help improve the living environment such as smart interior design and eco-friendly paints or coatings.

EWI president and CEO Datuk Teow Leong Seng says he is very pleased that The London Film School is joining English National Ballet and English National Ballet School as residents on its London City Island development. 

In a statement today Pua, who is DAP national publicity secretary and MP for Petaling Jaya Utara said a cursory analysis has shown the project to be the most expensive in the world at RM91.7 million per kilometer.

MRT Corp said the tender for V204 work package, which is in the open category, commenced on June 2 and closed on Aug 16.