Latest
Higher quit rent collection with new payment systems
KUALA LUMPUR: The Federal Territory Land and Minerals Director's Office (PPTGWP) saw an increase in quit rent collection for the first two months this year, following three initiatives to facilitate payment.
Tadmansori eyes RM2 mil in hotel revenue this year
KUALA LUMPUR: Tadmansori Hotel Resort Sdn Bhd, which operates the Nadias Inn Comfort Langkawi Hotel, expects its revenue to breach RM2 million this year.
Group Financial Controller of the parent company, Tadmansori Holding Sdn Bhd, Mohammad Hasbi Jaafar said the company had been experiencing steady revenue growth over the past three years.
ECM Libra: SP Setia - Lai Thieu project safely in the bag
Lai Thieu project safely in the bag
Malaysia property: Food for thought - Penang property
Malaysia property
Food for thought: Penang property
Lahad Datu should be upgraded to municipality - Datu Nasrun
LAHAD DATU: Lahad Datu, which is among the rapidly developing districts in Sabah, should be upgraded to a municipal council, from a district council currently, Assistant Minister to the Chief Minister, Datuk Datu Nasrun Datu Mansur, said Friday March 12.
Australia REITs eye overseas assets
SYDNEY: Australian property firms and pension funds, armed with a multi-billion dollar war chest, are poised to go on a shopping spree, eyeing distressed real estate targets from the United States to across Asia.
Money is plentiful and credit is cheap and there is no shortage of potential targets following the seizure in U.S. real estate markets in recent years.
Sime Darby Property offers RM469 million Seri Pilmoor
PETALING JAYA: Sime Darby Property Bhd is expecting good sales for iits high-end development named "Seri Pilmoor" in Ara Damansara.
The project with a gross development value of RM469 million comprises 74 bungalow retreats from 6,500 sq ft and 34 semi-detached homes from 4,600 sq ft ensconced within 28.5 acres of landscaped elevated freehold land.
Sime Darby Property hopes to maintain profit margin at 28 pct
PETALING JAYA: Sime Darby Property Bhd hopes to maintain its 28 per cent profit margin for its current financial year ending June 30, 2010, said Managing Director Datuk Tunku Putra Badlishah Tunku Annuar.
Naim Holdings to venture into Libya
KUALA LUMPUR: Sarawak-based property developer, Naim Holdings Bhd plans to venture into Libya to undertake the construction of several facilities.
Naim is set to sign a memorandum of understanding with the General Board of Privatization & Investment (GBPI) of Libya at 4pm on Friday, March 12.
