Property News

What’s next for filthy flats?
What’s next for filthy flats?  

BY LO TERN CHERN THE two blocks of low medium- cost flats in Teluk Indah, Prai, continue to be an eyesore despite efforts by the Seberang Prai Municipal Council to clean up the place by mobilising workers and providing more garbage bins. It all boils down to the attitude of residents who are still discarding…

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Police arrest four over property scam
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BY AUSTIN CAMOENS KUALA LUMPUR: Police have arrested four people in connection with a syndicate scamming people into purchasing non-existent properties in Sg Tua. Sentul OCPD Asst Comm R. Munusamy said police were alerted after one of the victims lodged a report on April 18. “The victim, a woman, claimed she had seen an advertisement…

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Advancecon postpones prospectus launch
When contacted, Advancecon group chief executive officer Datuk Phum Ang Kia said it was unable to give a new date for the prospectus launch at this juncture, pending queries from the SC. “Our plan to list the company is still ongoing,” Phum said.  

BY S. PUSPADEVI PETALING JAYA: Main Market-bound Advancecon Holdings Bhd has postponed the prospectus launch of its initial public offering (IPO) because of outstanding queries from the Securities Commission (SC). The Kuala Lumpur-based earthworks and civil engineering services specialist, which was supposed to launch its prospectus yesterday, has not given a new date. When contacted,…

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Bogus housing project syndicate busted
Property News  

BY AUSTIN CAMOENS KUALA LUMPUR: A syndicate that conned people into putting downpayments for non-existent housing developments in Sg Tua has been busted. The syndicate even registered a company and showed scale models of the houses for sale to entice victims. Sentul OCPD Asst Comm R. Munu­samy said police were alerted after one of the…

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UEM Sunrise offers one-stop real estate management services via wholly-owned subsidiary, SCM Property services
With the preferred real estate agencies (from left); Seow Lee Cheong, Datuk Adrian Wang, Janet Poh, Aldrin Tan, Raymond Cheah, Anwar Syahrin Abdul Ajib, Lee Meng Tuck, See Kok Loong, David Ong and Valentine Yong Chu Kian.  

KUALA LUMPUR: UEM Sunrise Berhad (UEM), via its wholly-owned subsidiary, SCM Property Services Sdn Bhd (SCM) today signed a Service Agreement with eight preferred Real Estate agencies. To provide value-added, one-stop real estate management services to UEM Sunrise’s existing and potential customers as well as the residents and owners of SCM managed-properties. Through this synergistic…

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BN will continue to deliver, says PM
For the people: Najib signing the official opening plaque during the Residensi Pandanmas handing over ceremony as Tan (right) and Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor (third from right) look on.  

BY RAZAK AHMAD KUALA LUMPUR: Barisan Nasional has proven that it delivers and will continue to look after the interests of all communities, said the Prime Minister. Datuk Seri Najib Tun Razak also rubbished claims that the Malaysian Indian Blueprint (MIB) was just empty talk. Speaking at the handing over ceremony to 700 buyers of…

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I-Bhd to launch more high-rise residential projects
Prestigious address: (From left) I-Bhd information manager Tang Soke Cheng, Ong and I-Bhd executive chairman Tan Sri Lim Kim Hong at the launch of I-Bhd’s Hill10 Residence i-City logo.  

SHAH ALAM: Property developer I-Bhd plans to launch more high-rise residential developments within i-City later this year. I-City director Monica Ong said despite the soft property market, there will always be demand for relevant products. “It really depends on the product offering that you are rolling out. People are still interested to buy,” she said…

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Horizon Village Outlets in Serenia City to open In 2018
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PETALING JAYA: Strategically located in the south of Kuala Lumpur between Putrajaya and the Kuala Lumpur International Airport (KLIA), Horizon Village Outlets (HVO) will soon open doors to present a combination of cultures to both the locals and tourists alike. According to statement, positioned in the heart of the 2,370-acre Serenia City township and the…

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Construction players in Penang pledge to CITP
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Public-Private Partnership to accelerate construction industry transformation PENANG: In a move to accelerate the construction industry’s transformation, 53 construction players in Penang today signed pledges of support for the Construction Industry Transformation Programme (CITP). The construction industry leaders and players in the state will join 219 other industry players around the country that has signed…

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OCR opens Isola@KLCC sales gallery and show unit
(From left) O&C Resources Berhad chief financial officer Bernard Tan Ban Tatt , managing director Billy Ong Kah Hoe and Mak Choong Moon, who is the land owner of the piece of land where ISOLA KLCC is located, speaking at the press conference after the opening ceremony of the Sales Gallery of ISOLA KLCC at Jalan Liew Weng Chee, Kuala Lumpur.  

Isola@KLCC has a GDV of RM240mil, offering modern living with a city view KUALA LUMPUR: O&C Resources Bhd, a Bursa Malaysia Main Market Listed company, had on last Saturday unveiled the signature Sales Gallery and Show Unit of its latest luxury service residence project – Isola@KLCC at Jalan Yap Kwan Seng, a freehold project with…

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