News by Sangeetha Amarthalingam

This will stay in place until 1MDB clarifies the ownership of some 234 acres of land it said it bought in Air Itam.

Matrix said it would sustain continuous development in the township, which is surrounded by upcoming developments, and act as a catalyst to increase value to the properties in the vicinity...

The proposed disposal is in line with Paramount’s aim to pursue an asset light strategy and monetise its real estate assets through a sale-leaseback transaction.

Mesiniaga said the building, which is being sold to Sparkle Gateway Sdn Bhd, was under utilised and an excess to the group, while no longer situated at a strategic location as it is far from the major customers in Penang.

Creed Asia, which owned 6.88% stake as at March 31, 2017, now has 44.07 million shares after unloading the shares through open-market transactions last Wednesday and Thursday...

Spring Gallery ends joint venture with Hasil Senudong Sdn Bhd to undertake a residential development with a gross development value of RM161.2 million in Perak after both parties failed to strike an agreement before the deadline expired.

RAM said the revised outlook reflects the improvement in the credit metrics of CGRE’s ultimate parent, China-based Country Garden Holdings Co Ltd.

Last week, IWCity said the date to sign the deal has been extended to Sept 4...

Jetson Construction Sdn Bhd has accepted a RM919.3 million subcontract job from MCC Overseas (M) Sdn Bhd to undertake main building works for a mixed commercial project on Jalan Conlay.

Sunsuria Bhd is teaming up with Hong Kong-based CITIC International Investment Ltd (CIIL) to carry out construction work and property development in Malaysia.