KUALA LUMPUR: The Al-‘Aqar KPJ REIT completed the acquisition of several medical facilities and hotels around Malaysia for RM383.4 million on the same day as its filing with Bursa Malaysia on Tuesday, July 6.

KUALA LUMPUR: Berjaya Corporation Bhd entered into an agreement with Xinan Public Asset Investment Co. Ltd to construct two wastewater treatment plans in China’s Xinan County in the Guangdong Province at the cost of RM97 million, the Group said in a filing with Bursa Malaysia on Tuesday, July 6.

KUALA LUMPUR: Boustead Holdings Bhd announced the completion of a joint-venture (JV) exercise and the acquisition of land in Cherating, Pahang on the same day as its filing with Bursa Malaysia on Tuesday, July 6.

KUALA LUMPUR: OSK Property's phase 2 Bangi Lakehill Villas in Bangi, Selangor launched in May this year has been 60% taken up.

Phase 2 saw the release of 16 Seri Villas and 26 Suria Villas. Phase 1 of the development, which released 15 Seri Villas and 15 Suria Villas late last year, is 100% sold.

SHANGHAI: New real estate policies in China have led to weakened investment demand, especially in the high-end residential market, which in turn caused a fall in market prices, said Colliers International.

KUALA LUMPUR: K-Star Sports Ltd is applying for an extension of time for its unit Fujian Dixing Shoes Plastics Co Ltd to obtain its land-use-rights and property ownership certificates from the People's Republic of China (PRC) authorities on two pieces of land.

KUALA LUMPUR: Mah Sing Group Bhd will jointly develop a piece of leasehold land in Taman Damai Utama in Kinrara together with the landowner, Medan Damai Sdn Bhd.

Joint venture development

Highlights:

Mah Sing Group Bhd
Kinrara Parcel paves entry into Puchong

BEIJING: China's property market is a bubble, but the impact of a price correction on the country's banks is uncertain, Harvard University economics professor Kenneth Rogoff said on Tuesday, July 5.