StarProperty.my and Propwall.my held a forum for first-time home buyers at Tropicana Metropark Property Gallery recently. One of the speakers was Alexander Woo, and he presented “Important must-know basics of property investment”.Woo speaking on the topic ‘Important mustknow basics of...

BY NG BEI SHANPrime land: The front view of the Lai Meng property at Jalan Ampang. At RM3,500 psf, the buyer will have to fork out about RM400mil for the land. James Goh(inset pic) of Rahim & Co’s investment section told StarBiz: “While we have a target price of about RM3,500 per sq ft (psf),...

BY THEAN LEE CHENG, INTAN FARHANA ZAINULPicture shows The Paradigm Mall in Kelana Jaya, Selangor, owned by WCT holdings. “We may consider injecting our hotel business when it is mature,” WCT managing director Peter Taing Kim Hwa(inset) told StarBiz.PETALING JAYA: WCT Holdings Bhd plans to...

BY CHERYL POOPETALING JAYA: Tadmax Resources Bhd has accepted a RM30mil loan from Malaysia Building Society Bhd to develop a 41.5-acre parcel of land in Ganggarak, Labuan.In a filing with Bursa Malaysia, the property developer said the bridging financing-I facility was accepted via its wholly owned...

KUALA LUMPUR: OSK Holdings Bhd’s voluntary takeover offer for PJ Development Bhd (PJD) shares has become mandatory as of Tuesday, as its shareholding in the property and construction firm has exceeded 33%.OSK Holdings told Bursa Malaysia that the terms and conditions of its offer remained as set...

Joining forces: Temasek Consumer & Real Estate head and Southeast Asia head David Heng (fourth right) exchanging the agreement documents with PDC general manager Datuk Rosli Jaafar. The event is witnessed by Lim (centre).PENANG Development Corporation (PDC) has inked a joint venture agreement with...

Deal sealed: Ng (left) exchanging documents with PTS Impression executive director Datuk Seri Lee ee Hoe after the signing of an MOU. With them are (from left) Malacca Chief Minister Datuk Seri Idris Harun and Minister in the Prime Minister's Office Datuk Dr Wee Ka Siong.PETALING JAYA:...

BY CHERYL POO"KL update: Fossick and Lau at the press conference on KL Office Outlook market update.KUALA LUMPUR: The fringe area of Kuala Lumpur is expected to face an office space glut by 2017, said JLL Malaysia country head Y.Y. Lau.She said office rents are projected to decline on the back of...

Loan deal: Chan and Maybank corporate banking MD Caroline Teoh at the agreement signing for a bridging loan facility for the Gardenhill condo project in Melbourne.PETALING JAYA: Small-cap contractor Fajarbaru Builder Group Bhd has property projects with a gross development value (GDV) of RM728mil...

JOHOR BARU: Several waterfront development areas along the coastal line of Iskandar Malaysia will be designated as international zones for housing development projects.Mentri Besar Datuk Mohamed Khaled Nordin said the move would address fears among locals of foreigners snapping up all available...