JOHOR BAHRU: Iskandar Malaysia, the main southern development corridor in Johor, needs a strong domestic investor base to sustain growth momentum.

Both the government and local housing industry have been looking at implementing the build-then-sell (BTS) concept as a means of solving the issue of abandoned projects, but the question is, is Malaysia ready for it?

PJ office sector stable for now

Intermittent downpours brought some relief from the scorching heat recently but by the look of things, they did nothing to lower the temperature of property enthusiasts in the Klang Valley.

This woman has come to inspect the site more than eight times. Once, she even brought along a consultant and she has yet to make a purchase. It’s so frustrating,” shares Peter Chan, CEO of Superboom Projects Sdn Bhd, the developer of The Haven in Ipoh.

Penang-based developer Island LandCap Properties Group upholds five core values — perfectionism, dedication, innovation, integrity and passion — and its executive chairman Oon Weng Boon hopes that building on these core values will make the company the preferred developer for innovative and premium properties

Three Singapore office transactions totalling well over S$1 billion (RM2.4 billion) were inked in quick succession last week and analysts believe that more purchases, especially those by real estate investment trusts (REITs), are in the pipeline.

The number of new private homes sold in February in Singapore was 1,101 units, down about 9% compared with the preceding month (see Table 1).

SYDNEY: US private equity firm Blackstone has agreed to buy Australian property firm Valad Property Group in a deal valuing the target at A$207 million (RM666.39 million), Valad said on Friday, Apr 29.

KUALA LUMPUR: Hatten Group Sdn Bhd is stamping its mark in Melaka with a RM2 billion mixed commercial development known as Hatten City.

"The 20-acre project will be the largest new development in the historical city," said Hatten Group managing director Colin Tan.