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Titijaya partners CREC for RM2.1bil project
BY TOH KAR INN KUALA LUMPUR: Property development company Titijaya Land Bhd’s wholly-owned subsidiary Titijaya Resources Sdn Bhd has today signed a shareholders agreement with CREC Development (M) Sdn Bhd for the construction and development of a leasehold land at Embassy Row, Jalan...
Jerejak island resort to be redeveloped in JV
Operations ended: Rainforest Resort & Spa has been closed since May this year. PETALING JAYA: The loss-making Jerejak Rainforest Resort & Spa (JRRS), owned by Tropical Island Resort Sdn Bhd (TIRSB) whose shareholders are UDA Holdings Bhd and the Penang government, will be redeveloped in a joint...
The trail of value creation
Gamuda Land cements its legacy as 'master -builder' of value sustainable developments.Signature homes of Gamuda Gardens with striking façade.By Lee Yan LiAT the heart of value creation is a well-planned development that sits on the foundation of a sustainable environment as well as the right...
The dawn of new retail era
Traditional 'Brick and Mortar' retail concept has been challenged by e-commerce in recent years.By Lee Yan LiAFTER decades of prosperity, the retail market is facing winds of change.The ever-growing number of shopping malls and retail outlets in Malaysia are starkly contrasted with the lack of...
MRT Corp names new retailers at its stations
Haris (left) and Commercial and Land Management (Retail and MSPR Unit) manager Mohd Faizal Yusof addressing the media after introducing the retailers. MASS Rapid Transit Corporation Sdn Bhd (MRT Corp) has announced the names of 15 companies that would run retail spaces at the 19 elevated stations...
Builder plans 4,300 homes for civil servants and eligible Sarawakians
KUCHING: Construction firm Zecon Bhd’s two major housing projects will provide more than 4,300 homes to civil servants and qualified Sarawakians in the state capital when fully completed.[slider id='81590' name='StarProperty' size='full']The projects were the Perumahan Penjawat Awam 1Malaysia...
KLCC Property quarterly earnings higher
PETALING JAYA: KLCC Property Holdings Bhd’s (KLCCP) net profit for its third quarter ended Sept 30, 2016 grew 19% to RM178.23mil from RM149.80mil in the previous corresponding period, mainly due to better earnings from its office investment and management services divisions.In a filing with Bursa...
Developer's four exciting offerings
(Left) Among the attractions are LBS Binas two-storey semi-D homes, Corallia at D’Island Residence Puchong. Property investment may be the best hedge in a volatile market and with the new year approaching, property developer LBS Bina Group Bhd will be showcasing a variety of homes at the Premium...
Budget 2017: Key issues that affect the property sector
By NURUL ASMUI MD AZMI and CAITLYN NG LI YUINSeveral measures to support house ownership and improve property industry introduced.Drone shot of the latest PPR, PPR Lembah Subang 2 in Ara Damansara.When Malaysia’s Budget 2017 themed “Accelerating Growth, Fiscal Prudence, Enhancing Wellbeing of...
Last segment of Cyberjaya development set for launch
BY EMILY K.Lam with a scale model of the Kenwingston Square Garden at the Kenwingston Square Garden Sales Gallery in Wangsa Maju. LOOKING for an affordable home that promises modern living in a community with a diverse mix of low-density urban enterprises and state-of-the-art commercial...