KUALA LUMPUR: Officials of Majlis Amanah Rakyat (Mara) will face the Public Accounts Committee (PAC) to explain the agency’s controversial investments overseas.PAC chairman Datuk Nur Jazlan Mohamed said the panel’s focus would be on properties bought in Melbourne, which are also being...

BY REBECCA RAJAENDRAMXiamen University president-designate Professor Wang Rui Fang (right) showing the plans for Xiamen University Malaysia Campus to Ter.SUNSURIA Bhd will soon launch the Sunsuria City township in Sepang as it has completed the acquisition from a property development joint-venture...

No home sweet home with neighbours like theseThis neighbour can’t keep his or her nose out of your business.BY OH ING YEENWHETHER you live in a landed property or high-rise building, having a bad neighbour (or neighbours!) can be a nightmare. There are even cases where people have moved out...

BY TANG CHEE MENGLIVING above or adjacent to a mall is not something new in Malaysia. Apartments built above a shopping centre was a trend started in Kuala Lumpur way back in the 1970s with Pudu Plaza leading the way with its residential units built on top of the mall.This was followed by other...

BY S. PUSPADEVIWait-and-see: Cheah says the group will watch the market and study the revisions to the Strata Title Act and its impact.PETALING JAYA: Property and construction group Sunway Bhd that has unbilled sales of RM2.5bil as of March, will adopt a wait-and-see approach and plan its property...

PETALING JAYA: Spring Gallery Bhd, the ceramics company formerly known as PFCE Bhd, has received a RM75mil job for an apartment project in Kemaman, Terengganu.Spring Gallery said in a filing with Bursa Malaysia that its wholly-owned subsidiary Profit Sunland Sdn Bhd inked a managing contractor deal...

18 Woodsville has a GDV of S$120mil.KUALA LUMPUR: SP Setia’s maiden development in Singapore, 18 Woodsville, has been completed two months ahead of schedule.The property developer said in a statement that owners of apartments in the 15-storey building with a gross development value (GDV) of...

BY SHARIDAN M. ALIPETALING JAYA: Builder-cum-property developer WCT Holdings Bhd could reward its shareholders and pare down borrowings with the nearly RM1.2bil claims it was awarded by a Dubai tribunal over a long-standing contract dispute with Meydan Group LLC.“Although its management has yet...

BY THEAN LEE CHENGDamansara City, an integrated development with a gross development value of RM2.5bil, comprises two office blocks, two residential blocks, the 4.5-storey DC Mall and a hotel with more than 300 rooms.KUALA LUMPUR: GuocoLand (Malaysia) Bhd is keeping its options open on how to...

KUALA LUMPUR: UEM Sunrise Bhd's wholly-owned subsidiary, Arcoris Sdn Bhd, has inked a management agreement with an affiliate of Hyatt Hotels and Resorts for a Hyatt House hotel in Mont Kiara.Expected to be opened in 2017, Hyatt House Kuala Lumpur, Mont Kiara, will mark the first Hyatt House hotel...