KUALA LUMPUR: Gamuda Bhd has proposed to acquire a piece 99-year leasehold land measuring 104.1ha in Kuala Langat, Selangor, for RM392.17 million cash from Bukit Melati Sdn Bhd. The purchase price works out to roughly RM35 per sq ft.

KUALA LUMPUR (Dec 1): Gamuda Bhd has proposed to acquire a 99-year leasehold land measuring 104.1 hectares in Kuala Langat, Selangor, for RM392.17 million cash from Bukit Melati Sdn Bhd. The purchase price works out to roughly RM35 per square feet.

Winner - Phase 1B9, The Golf East, Horizon Hills – Horizon Hills Development Sdn Bhd

THE EDGE MALAYSIA PROPERTY EXCELLENCE AWARDS (TEPEA) 2014 saw a new No 1 and the debut of a few new names in the Top 10 in The Edge Malaysia Top Property Developers Awards’ (TPDA) ranking. The changes this year reflect the increasingly competitive property market in the country.

IOI Properties Group Bhd
(Oct 31, RM2.75)

UEM Sunrise Bhd
(Oct 28, RM1.81)

Sunway surprises all; E&O and IOI Properties make a comeback

Gamuda Bhd
(Aug 5, RM4.84)

KUALA LUMPUR: Gamuda Bhd plans to acquire the entire stake in Salak Land Development Sdn Bhd for RM784.328 million cash as it hopes to gain ownership of the latter’s 619ha tract of land located right next to Expressway Lingkaran Tengah (Elite Highway).

WITH new highways and public transport systems coming up and the redevelopment of Atria in full swing, property consultants expect the area to become more attractive to real estate investors and end-users when these projects are completed.