Deal marks its entry into mainland PenangPETALING JAYA: SP Setia Bhd has won the tender to buy a freehold land measuring about 1,675 acres in Penang for RM620.12mil.The land purchase marks the property developer’s maiden entry into the mainland of Penang.“The land is planned for an eco-themed...

The launch came on the heels of SkyWorld’s two important milestones and the overwhelming response for Bennington Residences (Tower B) with a 91% take-up.  5th November 2016 (Setapak) – Last Saturday, SkyWorld Development Group (“SkyWorld”) finally unveiled its last tower of Bennington...

Freedom-inspired Condominium in Bangkok’s new commercial district 5-Mins Walk to BTS Punnawithi, Comprehensive Co-Living Spaces and High Ceiling to Serve Freedom Lifestyles. THE LINE Sukhumvit 101, a freehold condominium located next to Punnawithi BTS station is set for completion in 2020 with...

PETALING JAYA: Ivory Properties Group Bhd has entered into a joint development agreement (JDA) with Grand Uptown Sdn Bhd (GUSB) for the construction of a sewage treatment plant as part of a contract with the Government.The two parties will undertake the project in return for an exchanged piece of...

BY JOSEPH CHINThe bid was a reflection of the steady restoration of investor confidence in the Singapore office market KUALA LUMPUR: IOI Properties Bhd’s unit Wealthy Link Pte Ltd had put in a bid of S$2.568bil (RM7.77bil)  for a piece of land in Singapore’s downtown Marina Bay.It confirmed...

PETALING JAYA: Sunway Bhd is proposing a joint venture to tap into the growing digital media industry.The real estate conglomerate said in a Bursa Malaysia announcement that wholly owned subsidiary, Sunway Holdings Sdn Bhd (SHSB), yesterday had entered into a subscription and shareholders agreement...

BY INTAN FARHANA ZAINUL  KUALA LUMPUR: The sale of a 40% stake of Ekovest Bhd’s concession highway Duta-Hulu Kelang Expressway (DUKE) to the Employee Provident Fund (EPF) for RM1.13bil is expected to complete by first quarter of next year.Today, Ekovest has entered into a conditional share sale...

BY TOH KAR INN KUALA LUMPUR: Property development company Titijaya Land Bhd’s wholly-owned subsidiary Titijaya Resources Sdn Bhd has today signed a shareholders agreement with CREC Development (M) Sdn Bhd for the construction and development of a leasehold land at Embassy Row, Jalan...

Operations ended: Rainforest Resort & Spa has been closed since May this year. PETALING JAYA: The loss-making Jerejak Rainforest Resort & Spa (JRRS), owned by Tropical Island Resort Sdn Bhd (TIRSB) whose shareholders are UDA Holdings Bhd and the Penang government, will be redeveloped in a joint...

Gamuda Land cements its legacy as 'master -builder' of value sustainable developments.Signature homes of Gamuda Gardens with striking façade.By Lee Yan LiAT the heart of value creation is a well-planned development that sits on the foundation of a sustainable environment as well as the right...