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Fund sees record rentals for Macau luxury flats

MACAU: The Macau Property Opportunities Fund has achieved record rentals for units in The Waterside, a luxury residential block in Macau that it bought from Hongkong Land and Shun Tak Group in 2006.

Glomac to launch 3rd phase of Glomac Damansara by year-end

KUALA LUMPUR: Glomac Bhd plans to launch the third phase of Glomac Damansara, situated along Jalan Damansara in Kuala Lumpur, by the year's end.

The third phase comprises 103 boutique retail units, one food court and one supermarket.

Developers build up land holdings

BEIJING: Mainland property developers have shrugged aside concerns over policy measures to curb home sales and are aggressively building up their land holdings.

Naim to venture into China?

KUALA LUMPUR: Naim Holdings Bhd, a Sarawak-based builder and property developer, has signed a memorandum of understanding with three other parties to explore the prospect of collaborating for the development of two community inter-linked smart cities.

Sunway sets sights on record profit for 2010

PETALING JAYA: Sunway Holdings Bhd is looking to surpass the record pre-tax profit of RM180 million that it achieved more than a decade ago in its current financial year ending Dec 31, 2010 (FY10).