News by TheEdgeProperty.com

Country Garden Holdings sold up to US$600 million (RM2.57 billion) of five-year bonds in Hong Kong yesterday.

Up to 801 houses affiliated with two affordable home projects valued at RM140.53 million would be built in Alor Gajah and Melaka Tengah districts.

With the demise of the tin industry in the country, some would call Batu Gajah “sleepy” these days but it may well “wake up” a bit with plans to build an outlet shopping mall there — enter Silverlakes Brand Village.

S P Setia Bhd celebrated the Raya festive season with some 150 invited guests at an exclusive Raya evening.

The construction of Phase 2 of the Mass Rapid Transit (MRT) project is 99% completed and will be operational by next month as scheduled.

According to a Bloomberg report, subsidised junkets that once flew in prospective buyers to development sites in Johor have dwindled, while some buyers who have put down money for deposits are mulling cancelling their purchases.

Justice Azizah Nawawi also granted a temporary stay on the planned project until the court delivers a decision after hearing the application on full merits.

Cooling measures taken by the Penang government in 2013 have brought down property prices in the state, State Housing, Town and Country Planning Committee chairman Jagdeep Singh said yesterday.

The model would be about leasing such land based on fixed monthly rental.

With a landbank of 5,261ha and potential gross development value (GDV) of RM80 billion, developer UEM Sunrise Bhd remains a strong company, says outgoing chairman Tan Sri Ahmad Tajuddin Ali, Bernama reported today.