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Bayou Creek focus of Mulpha exhibition

KUALA LUMPUR: Mulpha International Bhd will offer Kuala Lumpur buyers its bungalows and semi-detached homes from its Bayou Creek project in Johor this weekend.The Bayou Creek Precinct 7 Phase 7A bungalows and semi-detached homes come with high-speed broadband connection, a first for a residential project in Iskandar Malaysia, Johor.

Mel Gibson selling his Costa Rica estate

NEW YORK: Actor-director Mel Gibson is putting his sprawling hilltop compound in Costa Rica up for sale, with a US$29.75 million (RM91.33 million) asking price.

Election, prices depress sales in Hong Kong

HONG KONG (March 29,2012): Home sales at major estates in Hong Kong dropped to a six-week low last week, with buyers sidelined by rising prices and uncertainty about the outlook for the market under a new administration.

New foreclosures on US homes fell in 4Q

WASHINGTON (March 30, 2012): The number of new foreclosures on US homes fell in the fourth quarter on programmes to keep borrowers in their houses, improving loan quality and settlements concerning foreclosure abuses, a report on Wednesday showed.

Bayou Creek focus of Mulpha exhibition

KUALA LUMPUR: Mulpha International Bhd will offer Kuala Lumpur buyers its bungalows and semi-detached homes from its Bayou Creek project in Johor this weekend.

The Bayou Creek Precinct 7 Phase 7A bungalows and semi-detached homes come with high-speed broadband connection, a first for a residential project in Iskandar Malaysia, Johor.

UMLand, Iskandar Investment in talks for RM1.4b project

KUALA LUMPUR 9March 30,2012): United Malayan Land Bhd (UMLand) has entered into a collaboration agreement with Iskandar Investment Bhd (IIB) yesterday to negotiate the former’s proposed investment in Medini, Iskandar Malaysia.

Analysts positive on IGB’s Johor megamall plan

KUALA LUMPUR: The plan by IGB Corp Bhd to develop a RM3 billion megamall in Johor Baru has been viewed positively by analysts.

IGB is partnering with Johor-based Selia Pantai Sdn Bhd, via a 70:30 joint venture, to develop the megamall on three parcels of leasehold land measuring 15ha within the Southkey development in Johor Baru.

SelProp sues to quash MRT land acquisition

KUALA LUMPUR: Selangor Properties Bhd (SelProp) has taken legal action in a bid to quash the compulsory acquisition of parts of its land in Damansara Heights which have been earmarked for the mass rapid transit (MRT) project.

Crest Builder-Detik Utuh JV bags Dang Wangi project

KUALA LUMPUR: A joint venture between Crest Builder Holdings Bhd’s unit Crest Builder International Sdn Bhd and Detik Utuh Sdn Bhd has won the bid to develop real estate on the site of the Dang Wangi light rapid transit (LRT) station.

Penang to build 11,800 cheap homes

KUALA LUMPUR (March 30, 2012): An affordable housing project in Batu Kawan by state-run Penang Development Corp (PDC) will create at least 11,800 apartments with a total gross development value (GDV) of up to RM2.5 billion, said Penang Chief Minister Lim Guan Eng.