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Major players showcase projects totalling RM40bil in biggest fair
BY DAVID TAN, CHONG KAH YUAN, JEREMY TAN, R. SEKARANPHOTOGRAPHERS: GOH GAIK LEE, ZAINUDIN AHAD, CHAN BOON KAI, AND AHMAD ZHAFARAN NASIB; VIDEO: ZAINUDIN AHADTHE StarProperty.my Fair 2015 in Penang, the biggest to date with over 40 exhibitors, gave visitors the pick of the best developments around...
Tips for house sellers
Visitors looking at a scale model of The Light Waterfront Penang project by IJM Land at the fair.HOUSE sellers can save a lot of money by paying minimal tax when selling their properties.Al Jeffri Dean Tax Advisory senior partner Neoh Chin Wah said the real property gain tax at 30% can be hefty...
GuocoLand’s options open on monetising Damansara City Mall, talks with Lim fails
BY THEAN LEE CHENGDamansara City, an integrated development with a gross development value of RM2.5bil, comprises two office blocks, two residential blocks, the 4.5-storey DC Mall and a hotel with more than 300 rooms.KUALA LUMPUR: GuocoLand (Malaysia) Bhd is keeping its options open on how to...
UEM Sunrise inks deal for Hyatt House Hotel in Mont Kiara
KUALA LUMPUR: UEM Sunrise Bhd's wholly-owned subsidiary, Arcoris Sdn Bhd, has inked a management agreement with an affiliate of Hyatt Hotels and Resorts for a Hyatt House hotel in Mont Kiara.Expected to be opened in 2017, Hyatt House Kuala Lumpur, Mont Kiara, will mark the first Hyatt House hotel...
Sunway to apply wait-and-see approach on property launches
PETALING JAYA: Sunway Bhd, which has an unbilled property sales of RM2.5bil as of March, will apply a wait and see policy and plan its property launches accordingly amid the soft property market.Its property division managing director Sarena Cheah (pic) said due to the uncertain market sentiments...
Free housing offer could be a scam, says consumer rights activist
BY RUBEN SARIOKOTA KINABALU: A businessman’s offer to provide some RM150bil worth of housing for free to Sabahans is raising eyebrows in the state.Dr Harrey M Dauwat told local Sabah media that his company HMD-Braxton Bhd Group would be constructing some 500,000 houses in Sabah over the next 10...
Berjaya Land: Penang luxury home market stable
BY DAVID TANGEORGE TOWN: Berjaya Land Bhd, which has sold 40% of the Jesselton Villas bungalow lots at the Penang Turf Club (PTC), sees a stable market for luxury housing products in Penang.Group executive director Eason Phan said as long as the developer came out with the right product for the...
Klang residents unhappy about LRT3 tracks running through their housing area
BY KATHLEEN MICHAELNOW that the proposed plan for the Light Rail Transit (LRT) 3 project is open for public inspection, residents of Taman Muhibbah, Klang, have strongly objected the track cutting through their residential area.Though residents were initially glad to hear that the LRT3 line would...
Luxury landmark hard to rival
Stylish way to keep fit:Residents of the Light Collection IV in Gelugor, George Town, will have an impressive range of facilities, including a state-of-the-art gymnasium and swimming pool.THE Light Waterfront Penang, a sprawling development on the island’s eastern coastline, will be an iconic...
Land of green living
Paradise found: Rajoo and Khoo looking at a scale model of their maiden Penang project, the Eco Terraces in Paya Terubong, at their sales gallery.LIFE in enchanted bliss awaits future residents of Eco World Development Group Berhad (EcoWorld)’s maiden project in Penang, the Eco Terraces in Paya...