PETALING JAYA: Mutiara Goodyear Development Bhd plans to launch seven projects in Penang and the Klang Valley with a gross development value (GDV) of RM1.5 billion beginning next month.

Executive chairman Hamidon Abdullah said the company has acquired approvals and has sufficient finances in place to launch the projects.

KUALA LUMPUR: Property values in Chinatown will continue to rise due to its location and demand for retail and accommodation, say property consultants.

KUALA LUMPUR: S P Setia Bhd's subsidiary is teaming up with China's Hangzhou Ju Shen Construction Engineering Ltd to undertake a mixed property development project in XiaoShan, Hangzhou.

JOHOR BARU: UEM Land Bhd, the master developer of the Nusajaya project here has appointed Residence Hotels and Resorts Sdn Bhd to operate Ledang Urban Retreat, a lifestyle centre in the East Ledang residential development.

DENMARK: The Bjarke Ingels Group (BIG) in collaboration with AKT and Tyréns and Transsolar has taken first prize for the design of the World Village of Women Sports in Malmo, Sweden.

The first-of-its-kind complex will span 100,000 sq m and be a hub for research, education, and training for women athletes in the Malmo city centre.

KUALA LUMPUR: Boutique property developer KL Metro Group Sdn Bhd will kick off the third phase of its water chalets and home project in Port Dickson, Negri Sembilan, by the end of this year, said its managing director Datuk Low Tak Fatt.The third phase, called the Hibiscus Garden Chalets, with a gross development value (GDV) of RM45 million, is a single-storey landed resort comprising 74 units,

SINGAPORE: CapitaLand Ltd, Southeast Asia’s biggest developer, said third-quarter profit fell 33% from a year earlier, when it booked gains from asset sales.

KUALA LUMPUR: The newly completed Empire Shopping Gallery in Subang Jaya has leased out 70% of its lettable units, said managing director of Couture Homes Sdn Bhd Datuk Sean Ng. Couture Homes is a member of the Mammoth Empire Group of Companies.

KAMPAR: A committee headed by Education Director-General Tan Sri Alimuddin Mohd Dom will investigate the collapse of a suspension bridge over the Kampar River at a school near here on Oct 26 in which one pupil drowned and two others have gone missing.

PUTRAJAYA: Putrajaya Holdings Sdn Bhd is planning to start construction a commercial project adjacent to Alamanda shopping complex in Precinct 1, Putrajaya sometime next year, said chief executive officer Datuk Azlan Abdul Karim.

Azlan said the company plans to build “a big box retail area” that is designed for retailers of home furnishing and electrical goods.