BY THEAN LEE CHENGRisk diversification or loss of confidence?DESPITE the sliding ringgit and rising property prices, interest in overseas properties among Malaysians continues. Some investors are expected to “reorganise their investment baskets,” according to property consultants.CH Williams...

PETALING JAYA: Property developer Plenitude Bhd will exercise its rights to compulsorily acquire the remaining shares in The Nomad Group Bhd, as the unconditional takeover offer date lapsed yesterday.Plenitude, which already held more than 90% of The Nomad as of May 29, said in a statement issued...

BY DAVID TANdavidtan@thestar.com.myOoi: 'These properties will have to be injected into IUBB over a period of time.'GEORGE TOWN: Ideal United Bintang Bhd (IUBB), a heavy machinery and equipment trading company, said its parent company Ideal Property Group will inject a RM1bil property project into...

REAL ESTATE INSIGHTSBY DR DANIELE GAMBEROWE will soon know how the 11th Malaysian Plan which spans five years from 2016 to 2020 would bring Malaysia closer to achieving the status of a fully developed country. This is in line with the tagline titled “Closing the Gap”, in addressing the...

PETALING JAYA: Property developer I-Bhd should see earnings picking up, underpinned by its RM550mil unbilled sales and forthcoming launches, according to PublicInvest Research.I-Bhd, the master developer of the 72-acre i-City in Shah Alam, posted a 68.9% year-on-year jump in net profit to RM10.3mil...

BY SHARIDAN M. ALIPETALING JAYA: Garment maker Yong Tai Bhd is banking on a venture into property development to end years of losing money.A joint venture to build serviced apartment in Malacca has contributed to its turnaround. For the nine months ended March 31, net profit stood at RM1.1mil...

BY GRACE CHENThe spacious living area in The Generations unit.A DREAM home best describes Ramal Villa, the latest high-end development due for completion by the end of this year.Less than 1km away from Kajang, the guarded community comprises 71 freehold units of semi-detached and cluster villas...

BY CHERYL POOHigh traffic: Gateway@KLIA2 is expected to break even within the next two to three years.WHEN WCT Holdings Bhd opened its first mall – the Aeon Bukit Tinggi Shopping Mall – in Klang eight years ago, it was a start to a long-term plan to diversify into shopping mall ownership and...

PETALING JAYA: Property developer Kwasa Land Sdn Bhd has opened another round of pre-qualification to develop its 2,330-acre iconic Kwasa Damansara township.The call seeks to pre-qualify three categories of developers for the township, which has a gross development value (GDV) of RM50bil, over the...

BY DAVID TANFactory in the forest: an artist’s impression of Paramit’s proposed facility in Bukit Minyak. (Inset: Paramit Corporation Global CEO Billoo Rataul delivering his speech during the factory groundbreaking ceremony in Butterworth, Penang. - THE STAR/Asri Abdul Ghani June 01,...