PETALING JAYA: 1MDB Real Estate Sdn Bhd (1MDB RE) expects to execute the definitive agreement with a partner for the development of Bandar Malaysia project by the end of the year.It had shortlisted two potential candidates for the sale of a 60% stake in Bandar Malaysia Sdn Bhd.“Overall, the...

PETALING JAYA: I-Bhd saw an increase in unbilled property sales to RM679.2mil as at end Sept this year from RM453.4mil the same period last year, bolstered by strong demand at on-going projects.The company expects the unbilled sales to translate into higher revenue for the group when the...

BY FARAH FAZANNA ZULZAHAAdnan (second from right) speaking to some of the EnestaKepong buyers while Amona Group group executive chairman Datuk Othman Ahmad (right) looks on.THE Federal Territories Ministry plans to build about 20,000 Federal Territories Affordable Housing (Rumawip) in...

A general view of many high-rise buildings mushrooming along the Tun Dr Lim Chong Eu Expressway in George Town.WHEN my childhood friends visit me, they would often ask: “How is Penang doing?” I tell them that the state has been developing at breakneck speed over the last seven years compared...

BY INTAN FARHANA ZAINULPNB president and group chief executive Tan Sri Hamad Kama Piah Che Othman.KUALA LUMPUR:  Permodalan Nasional Bhd (PNB) has awarded the contract to build the Menara Wawasan or also known as Menara KL118 to the joint venture of South Korea’s Samsung C&T and UEM Group...

BY DAVID TANFilepic of visitors checking out the model of Ferringhi Residence 2 at the launching of a new sales gallery at Level 17, Menara Boustead, George Town.DESPITE the property market slowing down in Penang, Mah Sing Group Bhd is still looking to the state to contribute about 10% to 12% to...

BY YEE XIANG YUNLai showing a slab of cement that fell off from the wall of his car porch due to the cracks at his unit along Jalan Austin Perdana 5/22 in Taman Austin Perdana, Johor Baru.JOHOR BARU: Residents who forked out an extra few thousand ringgit to get a housing unit with a scenic lakeside...

BY N.TRISHAFilepic of Jagdeep Singh (wearing tie) with his special assistant Daniel Gooi (right) and residentslooking at the repainted Taman Free School flats in July 2013. — Photo: GEORGE CHEAH/The StarOLD buildings especially flat blocks which are not economically viable to retain will be...

BY: DATO' JOEY YAPIn the olden days, a person’s wealth is usually determined by their personal stocks. If a person is a farmer, their stock will be the crops. For a jeweler, his or her stock will be in the form of his or her merchandise or raw gems. While in the modern day context, a property a...

BY GURMEET KAURPETALING JAYA: The signature sales gallery of 8 Conlay, a mixed-used development at Jalan Conlay in Kuala Lumpur city centre, was unveiled yesterday, with the project coming in at a higher gross development value of RM5.4bil from RM4.5bil – raising its price per sq ft from RM2,700...