KUALA LUMPUR: Affin Hwang Capital Research has Gamuda, IJM Corp and Eastern and Oriental (E&O) as its top Buys for infrastructure and property exposure to Penang.It said on Monday Penang was forging ahead with development through public-private partnership (PPP) projects.The RM27bil Penang...

Investment-friendly: A file picture shows visitors at the recent Star Property Fair in Penang. Affin Hwang believes that property developers with land bank and established presence in Penang will benefit from rising property demand.PETALING JAYA: An increasing population in Penang coupled with...

Strategic exercise: An artist’s impression of one of OSK Property’s projects called Pangaea in Cyberjaya that is due to be completed by 2020. OSK Holdings is offering RM1.95 per share for the remaining 67.45 million OSK Property shares not held by it and parties acting in concert.PETALING JAYA:...

PETALING JAYA: Nexgram Holdings Bhd has obtained the development order from the Sepang Municipal Council for the RM1.15bil “Angkasa Icon City” project in Cyberjaya, according to a filing with Bursa Malaysia.Nexgram’s subsidiaries – Nexgram Land Sdn Bhd and Nextnation Datacity Sdn Bhd –...

BY THEAN LEE CHENGMarch 2012 file picture shows a part of an artist's impression of Bandar Malaysia.KUALA LUMPUR: Several top local and foreign developers who have projects in Malaysia, have made known their interest in 1Malaysia Development Bhd’s (1MDB) Bandar Malaysia project here.A statement...

KUALA LUMPUR: Ewein Bhd’s subsidiary Ewin Zenith Sdn Bhd has secured a contract for the development of “City of Dreams” project with a gross development value (GDV) of RM800mil after obtaining the advertising permit and developer licence.The company said the proposed 110-acre development...

BY TANG CHEE MENGLIVING above or adjacent to a mall is not something new in Malaysia. Apartments built above a shopping centre was a trend started in Kuala Lumpur way back in the 1970s with Pudu Plaza leading the way with its residential units built on top of the mall.This was followed by other...

BY S. PUSPADEVIWait-and-see: Cheah says the group will watch the market and study the revisions to the Strata Title Act and its impact.PETALING JAYA: Property and construction group Sunway Bhd that has unbilled sales of RM2.5bil as of March, will adopt a wait-and-see approach and plan its property...

PETALING JAYA: Spring Gallery Bhd, the ceramics company formerly known as PFCE Bhd, has received a RM75mil job for an apartment project in Kemaman, Terengganu.Spring Gallery said in a filing with Bursa Malaysia that its wholly-owned subsidiary Profit Sunland Sdn Bhd inked a managing contractor deal...

BY SHARIDAN M. ALIPETALING JAYA: Builder-cum-property developer WCT Holdings Bhd could reward its shareholders and pare down borrowings with the nearly RM1.2bil claims it was awarded by a Dubai tribunal over a long-standing contract dispute with Meydan Group LLC.“Although its management has yet...