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...

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...

BY CAVINA LIM Industrial aspirations: Rosli (right) showing the plan of the area in Byram/Changkat in south Seberang Prai, which will be developed into a high-tech industrial park for small and medium-sized enterprises. With him are Mohd Bakke (left) and Lim. The entire project will cover just...

BY WONG WEI-SHENOng: ‘We will start immediately. The S&P (sales and purchase) will be completed very soon.'KUALA LUMPUR: Shareholders of OSK Holdings Bhd have given the green light for the merger with OSK Property Holdings Bhd and PJ Development Bhd, valued at RM1.71bil.The move will see OSK...

BUTTERWORTH: UDA Holdings Bhd (UDA) plans to launch three projects in Penang this year with a Gross Development Value (GDV) close to RM2 billion.Group Chief Operating Officer for Property Development Datuk Mohamed Marzuk Basir said the projects were an integrated commercial and residential...

BY EUGENE MAHALINGAMThe core at Bukit Jalil is the national stadium (left) and other sports facilities surrounding it. The new job involves construction of several new facilities including a sports museum and a hall of fame to honour the sporting greats of Malaysia. It also involves refurbishment...

BY EUGENE MAHALINGAMPETALING JAYA: Malaysian Resources Corp Bhd (MRCB) is tipped to refurbish the various sports facilities at the National Sports Complex (NSC) in Bukit Jalil, including the 17-year-old Bukit Jalil Stadium, which is the main venue for sporting events in the country.Sources said...

BY GURMEET KAURKUALA LUMPUR: This comes following efforts by the strategic development fund to monetise its various land parcels through joint ventures or outright sales as part of a strategic review to pare down its RM42bil debts as of March 2014.1MDB president and group executive director Arul...

KUALA LUMPUR: UEM Sunrise Bhd’s unit UEM Land Bhd has sold the Imperia Building in Nusajaya, a newly-built office block with a retail area, to UEM Group Bhd (UEMG) for RM137.8mil in cash.The company said in a filing with Bursa Malaysia that the gross proceeds of RM130mil (excluding the goods and...

BY SHARIDAN M. ALIEu: ‘We already have the basic building blocks’.“WE are blessed and glad,” answers I-Bhd deputy chairman Datuk Eu Hong Chew when asked about the upcoming light rail transit line three (LRT 3) that will have a station in the heart of its flagship development, the i-City in...