Land & General Bhd is starting the redevelopment of the Sri Damansara clubhouse land in Bandar Sri Damansara, according to its managing director Low Gay Teck. Some 732 apartments will be built on the 5.7-hectare site. The estimated selling price is between RM400,000 to RM700,000, he said. Low said the project is expected to be...
Read morePETALING JAYA: The northern growth corridor of Klang Valley has emerged as a development hotspot, as urban populations shift along upcoming lines of infrastructure. Building on its burgeoning demographics, townships such as Gamuda Gardens offer serene lifestyles surrounded by nature, with connectivity to the city centre. In line with its forward-looking approach, Gamuda Land has gone a...
Read morePPB Properties’ RM300 million Megah Rise mixed-development project in Taman Megah in Petaling Jaya, Selangor is nearing its completion date. According to its parent firm, PPB Group Bhd, the topping-out of the project’s 39-storey residential skyscraper would take place at the end of this month. PPB launched Megah Rise at the former Ming Tien Food...
Read moreKUALA LUMPUR: PRG Holdings Bhd’s (PHB) first affordable property development project, Embayu @ Damansara West, had achieved an 80 per cent take-up rate for Tower A and B. With the encouraging sales, PRG is looking forward to launching the last tower in the next two months. Managing director for property and construction Datuk Alex Wee...
Read moreSINGAPORE (Sept 12): A joint venture between Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd have emerged as the buyer of Flynn Park, a condominium on Yew Siang Road, located in the Pasir Panjang area. Hoi Hup Realty and Sunway Developments won the site with a bid of S$371 million (RM1.14 billion). The price translates...
Read moreParamount Corporation Bhd is expanding its Sejati branded series in Cyberjaya, featuring new lakefront homes with a gross development value (GDV) of RM319.8 million. The developer told the stock exchange that it is acquiring 13.3 hectares of freehold residential land fronting a panoramic 45-acre lake for RM102.7 million. It said that its wholly-owned subsidiary Utropolis...
Read moreKUALA LUMPUR: Melaka-based property developer Teladan Setia Group Bhd has proposed to acquire five parcels of land from Bakat Muhibbah Sdn Bhd totalling 136.9ha in Melaka for a cash consideration of RM117.9mil. Yesterday, the group said its wholly-owned subsidiary Riverwell Resources Sdn Bhd (RRSB) had entered into a sale and purchase agreement with Bakat Muhibbah Sdn Bhd...
Read moreHONG KONG: The biggest landlord in Hong Kong’s most expensive office market expects demand to withstand concerns about political clampdowns and pandemic setbacks. Hongkong Land Holdings Ltd said leasing demand is robust for its dozen interconnected office blocks in the heart of the city’s financial district known as Central, executive director Raymond Chow said in...
Read moreKUALA LUMPUR: The demand for subsale terrace houses, especially in the suburbs, rose 29% year-on-year (y-o-y) in the first half of 2021 (H1 2021), with the average asking price improving 1.6% thanks to the new normal practice of work-from-home amid the Covid-19 pandemic, according to iProperty.com.my. In contrast, the property portal said the asking price...
Read morePotential buyers behind a scale model of Country Garden Holdings’ Forest City project in the Malaysian state of Johor, on 25 March 2018. Photo: EPA-EFE Country Garden Holdings, the largest foreign real estate developer in Malaysia, has trimmed the size of its workforce and sales team in the country by two-thirds over the past two...
Read more
中文
