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UEM Sunrise revises fund-raising scheme
PETALING JAYA: UEM Sunrise Bhd has revised its fund raising scheme after taking into account current weak market condition and its depressed share price.The company yesterday has offered to issue up to 793 million new UEMS-RCPS (redeemable convertible preferred shares) to controlling shareholder...
Pavilion REIT to buy USJ mall for RM488mil
PETALING JAYA: Pavilion Real Estate Investment Trust’s manager Pavilion REIT Management Sdn Bhd will acquire the da:mén USJ shopping mall from Equine Park Country Resort Sdn Bhd and Revenue Concept Sdn Bhd.The acquisition will cost RM488mil for a five-storey shopping mall with a lower ground...
First phase of Tropicana project nearly sold out
Impressive coastline: The Penang WorldCity will be a happening and thriving mini international city.TROPICANA Bay Residences, the first phase of the RM10bil Penang WorldCity mixed integrated waterfront development, has enjoyed a highly positive response since its soft launch.To date, 90% of units...
Bungalows in green enclave
Lovely and spacious: The double-storey bungalows of Fairfield Villas which will be the first component of Yarra Park.YARRA Park with a wholesome and serene environment is poised to be the choice address in Sungai Petani, Kedah.It is being developed by OSK Properties Sdn Bhd (OSKP) and will be a...
The Wanders wonder at Mira Moon Hotel
BY SHERRY KOHMany moons ago, a story was told of a beautiful goddess whose forbidden consumption of the elixir of life lifted her from Earth to the moon. If you are unaware, it is actually the tale of Mid-Autumn festival that is based on the story between hero Hou Yi who was an excellent archer,...
Lovely place to call home
BY JEREMY TANSimply wonderful: Green features like the landscaped gardens will provide residents of Stramax Residences with a wholesome living environment.IOI Properties’ Cypress Villa and Stramax Residences will afford inhabitants the best of modern living within tranquil and secure...
Fun ride for Subang residents on Malaysia Day
ON MALAYSIA Day, Subang residents can join in an 18.8km ride which starts from USJ 2 or a fun ride for novice cyclists through a 3km or 1km route.Organised by the Zon 3 Residents Association, the Hari Malaysia Bicycle Fun Ride aims to unite the immediate community through cycling.Deputy president...
Renovation, top-up and refinancing loans explained
BY LOANSTREET.COM.MYHome refinancing is generally the cheapest form of financing available to home owners. But the term “refinancing” has been used quite loosely in sales and marketing speak, leading to certain misconceptions as to what it really is. This article explains what...
Facelift for Kampung Baru in the pipeline
BY SHALINI RAVINDRANColourful kick-off: Tengku Adnan (second from right) releasing some balloons to launch the event. Looking on are Kampung Baru Development Corporation chairman Datuk Affendir Zahari (third from right) and Rudy Malik (second from left).THE Malay settlement village of Kampung Baru...
High-rise living in peaceful enclave
Prime spot: An artist’s impression of The Straits in Johor Baru. It is located in a low-density and quiet enclave but also close to the main business district.THE Straits is an upcoming luxurious high-rise residence nestled in a peaceful enclave in Johor Baru, Johor.To be developed by Sonata...