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Bina Puri to build RM195mil twin towers in Iskandar
Executive director Matthew Tee.KUALA LUMPUR: Bina Puri Holdings Bhd will build two blocks of 23-storey office towers in Medini’s central business district, Iskandar Malaysia, Johor costing RM195mil.The company said the skyscraper project to be completed within 29 months will be developed by its...
Meda buys land in KL from BCM for RM180mil
PETALING JAYA: Property developer Meda Inc Bhd is buying two parcels of freehold land in Kuala Lumpur from BCM Holdings Sdn Bhd for RM180mil.The company is planning to build serviced apartments and commercial property with an estimated gross development value (GDV) of RM881.9mil.In a filing with...
Sunway eyes RM1.5bil in new projects
PETALING JAYA: Sunway Bhd is aiming to add at least RM1.5bil in new contruction projects by the end of the year, as the company drums up support ahead of Sunway Construction Bhd’s prospectus launch next Monday.A Reuters report said the initial public offer (IPO) had an indicative price range of...
Peaceful home environment at Bandar Rimbayu
Bandar Rimbayu blends nature into its development for harmonious living.BY NURUL ASMUI MD AZMIasmui@ocision.comThe dazzling indoor courtyard in Type B Perennia.SPRAWLING across 1,879 acres, Bandar Rimbayu, the latest township by IJM Land Bhd offers a serene surrounding to those who are in this...
The many faces of townships
Developers are competing to provide the best self-sustaining townships with attractive concepts.BY NURUL ASMUI MD AZMIasmui@ocision.comTownship-living is fast catching up nowadays as properties within major urban centres are becoming expensive, and opting for cheaper houses from outside big...
Villagers quit homes to ward off evil spirits
AN entire village near Krishnagiri in Tamil Nadu, India, emptied their homes and temporarily stayed in a nearby forest to ward off evil spirits, reported Makkal Osai.It is common practice for the villagers to leave their homes and stay in surrounding jungles and farms to conduct special prayers to...
Developers urged to also build affordable shoplots
By: SARBAN SINGHSEREMBAN: Just weeks after announcing a revised housing policy for the state, Mentri Besar Datuk Seri Mohamad Hasan said his administration will from now on encourage developers to also build affordable shoplots.These single-storey shoplots, which will cost less than RM400,000, will...
Investment arm manages several other properties
By: WONG WEI-SHENPETALING JAYA: Majlis Amanah Rakyat (Mara), through trust company Thrushcross Land Holdings Ltd, has another property in the heart of Melbourne’s central business district (CBD).In the spotlight: Mara has its headquarters in Jalan Raja Laut, Kuala Lumpur.The property, at No.746...
The new village Nixon visited
Story and photos by: VINCENT TANJalan SS9A/1, the main road for Seri Setia New Village. A typical morning scene at the new village’s commercial area.BOUNDED by the Federal Highway on one side and the Damansara-Puchong Expressway (LDP) on the other, Seri Setia New Village and its surroundings are...
Crest Builder to focus on property development
By: S. PUSPADEVIKUALA LUMPUR: Construction outfit Crest Builder Holdings Bhd, with an external orderbook of RM350mil, intends to focus on property development to make better profits.Crest Builder executive director Eric Yong.Executive director Eric Yong said on Wednesday that against the backdrop...