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AmInvest to double REIT assets to RM500m
As reported in The Star Online, AmInvest is targeting to increase its Real Estate Investment Trust (REIT) assets under management (AUM) to RM500mil for the financial year ending March 31, 2017.As of Sept 6, its REIT AUM was valued at RM267mil.The asset management house is "underweight" on...
Salim named Property Icon of the Year
Prestigious award: Salim accepting the “Property Icon of the Year” award from Abdul Rahman (second left). With them are Perak Mentri Besar Datuk Seri Dr Zambry Abd Kadir (third from right) and other guests of honourPETALING JAYA: Malaysian Resources Corp Bhd (MRCB) group managing director Tan...
Ara Damansara plagued by rubbish
As reported in The Star Online, Ara Damansara is a modern bustling township. However, with rapid development comes a price; the area is facing issues such as illegal dumping, especially along the Sungai Kayu Ara riverbank.Firemen putting out fire at an illegal dumpsite under the bridge along Jalan...
Affordable homes to be completed by year-end
The AHS-Teluk Kumbar (Duo Residensi) project coming up in Jalan Bayan Lepas.As reported in The Star Online, the affordable housing project, The Bandar Cassia in Batu Kawan, Nibong Tebal is almost 80% complete.Penang Town, Housing and Country Planning Committee chairman Jagdeep Singh Deo said Phase...
Affordable housing in Penang to be key sales driver
PETALING JAYA: AllianceDBS Research said the Penang property market has been facing challenging conditions since 2014 as property prices continue to rise, albeit at a slower pace.“We notice that transaction numbers have continued to extend its decline in 2016 and there is no sign of a recovery in...
New schemes for house buyers
BY JADE CHANAzmin (third from left) launching the Rumah Selangorku scheme in Taman Putra Impiana, Puchong. With him are (from left) Iskandar, Abd Samad and Steven.THE state government has introduced several additional schemes to help Selangor residents buy a property; including programmes for...
Ekovest amazes northern Kuala Lumpur with Ekotitiwangsa
By CAITLYN NG LI YUINWith its unique components, this development is poised to be a modern focal point and game-changer.An aerial view of the stunning KL River City masterplan.EKOVEST Bhd once had its humble beginnings as Ekovest Bina Sdn Bhd, founded in January 1985. During the company's early...
Salak Selatan residents call for dialogue on congestion
BY JAROD LIMA crawl along Jalan Tuanku 1. The barricade can be seen on the right.TAMAN Salak Selatan residents want a dialogue with IJM Corp Bhd, the highway concessionaire for the Sungai Besi Highway (Besraya), to resolve the traffic congestion issue in the area.They also want the barricade placed...
Sunway to jointly develop 'executive condominiums' in S’pore
BY NADYA NGUIRevenue generator: A file picure shows the group’s crown jewel Sunway Lagoon Resort Hotel in Petaling Jaya. Sunway says the proposed project in Singapore will contribute positively to the earnings of the group from the financial year ending Dec 31, 2018.PETALING JAYA: Sunway Bhd will...
New homes after 17-year wait
BY JADE CHANSettlers and their families having a closer look at a scale model of the Laman Haris homes that EcoWorld will build for them.A TOTAL OF 987 settlers under “Rancangan Revolusi Hijau Peringkat II dan III” (Green Revolution Plan, Stages II and III) received their certificates of...