MK Land sells Sg Buloh land for RM84m
KUALA LUMPUR: MK Land Holdings Bhd is selling its tract of land near Sungai Buloh, Selangor for RM83.5 million.
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Broadway Malyan wins design job for Bandar Malaysia
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) has appointed an international team in partnership with local planners to create the master plan for Bandar Malaysia at the Sungai Besi airport in Kuala Lumpur.
United Malacca warns of scam
KUALA LUMPUR: United Malacca Bhd disclosed yesterday that it had received forged documents purportedly signed by its directors authorising the sale of 25,000 acres (10,000ha) of plantation land in Kinabatangan, Sabah.The forged documents received are:-i) a purported power of attorney whereby United Malacca purportedly authorises a third party to sell the Millian-Labau land and collect the proce
Sunway property fair rakes in RM60m sales
PETALING JAYA: An estimated RM60 million worth of properties were sold at the Sunway Property Show 2013 held at Sunway Pyramid from April 12 to 14.
Super-rich eye London's most expensive house
HONG KONG: Wealthy Hong Kong and mainland buyers, who have been pouring their money into London's prime bricks and mortar, are now eyeing Britain's most expensive mansion. The house on Carlton House Terrace in central London has a price tag of £250 million (HK$2.95 billion).
Two home sites to go out for tender
HONG KONG: The government will put two residential land sites - one in Tseung Kwan O and another on Lantau Island - up for sale next month in a tender that is expected to fetch a total of up to HK$4.14 billion.
Pavilion REIT profit up 14%
KUALA LUMPUR: Pavilion Real Estate Investment Trust (REIT) reported a 14% growth in first quarter profit from a year earlier on higher rentals from its prime land properties here. In a statement to the exchange yesterday, Pavilion REIT said net profit came to RM54.27 million in the quarter ended March 31, 2013 (1QFY13) compared with RM47.8 million previously.
PNB has yet to find suitable suitors for asset sale
KANGAR: Permodalan Nasional Bhd (PNB) has yet to find the right suitors for its proposed divestment of four non-core assets over the next three months, said president/group chief executive Tan Sri Hamad Kama Piah Che Othman.
Iskandar records RM111b in investments
KUALA LUMPUR: Iskandar Malaysia registered cumulative committed investments totalling RM111.37 billion from 2006 until March 31 this year.
For the first quarter (1Q) of this year, RM5.06 billion worth of investments were received, Iskandar Regional Development Authority (Irda) said in a statement yesterday.
SelProp prepares master plan
KUALA LUMPUR: Selangor Properties Bhd (SelProp) is in the process of drawing up a master plan for 34 acres of land in Damansara Heights. It is one of the few remaining parcels of land available for large-scale development in the area.
