Bubble risk: A general view of the Mount Nicholson project developed by Wheelock. Hong Kong’s property market is running red hot across land, commercial and residential buildings. — ReutersHONG KONG: An unidentified buyer paid HK$132,000 (US$17,000) per sq ft for a luxury flat in Hong Kong’s...

“Now that shareholders have given the green light, we need the board’s consent to proceed further,” Goldis chief investment officer Colin Ng(pic) told reporters after the court-convened meeting yesterday. IGB Corp will become a unit of Goldis, after which Goldis plans to change its name to...

StarProperty.my Fair 2017 ends the year’s fair with a bang By Hakim Hassanhakim@thestar.com.myPETALING JAYA: StarProperty.my recently hosted its last and most significant property fair of the year at the Kuala Lumpur Convention Centre in conjunction with myStarJob.com.There were 41 booths at the...

PETALING JAYA: IJM Corp Bhd will develop and own office tower Menara Prudential at the upcoming international financial district Tun Razak Exchange (TRX).This followed the inking of a share sale and purchase agreement yesterday, which saw IJM acquiring the 100% equity of Fairview Valley Sdn Bhd...

Conference launched: (from left) Mier director Prof Emeritus Zakariah Abdul Rashid, Johari, board of trustees members Tan Sri Prof Emeritus Anuwar Ali and Datuk Hamzah Bakar at the launch of the National Economic Outlook conference.KUALA LUMPUR: Second Finance Minister Datuk Seri Johari Abdul Ghani...

Last year’s disposal gains of RM44.4mil were derived from the sale of Sooka Sentral in Kuala Lumpur(pic) and the sale of its stake in the River of Life project (40% equity interest in Ekovest-MRCB JV Sdn Bhd and 60% in Ekovest-MRCB Construction Sdn Bhd).PETALING JAYA: Malaysian Resources...

Gabungan AQRS Bhd's group CEO Datuk Azizan Jaafar(filepic)KUALA LUMPUR: Gabungan AQRS Bhd’s unit, Gabungan Strategik Sdn Bhd, has been appointed as a design and build contractor by KotaSAS Sdn Bhd to undertake a RM189.22mil housing project.It said in a filing with Bursa Malaysia that the...

Sime Darby Property’s latest serviced apartment in Subang Jaya achieved 64% take-up rate over the weekendPETALING JAYA: Lot 15, Sime Darby Property’s latest development in Subang Jaya, has achieved a high 64% take-up rate within two days of its official launch.According to the statement, the...

Expanding its presence in Southern Malaysia: (fourth from right onwards) IQI Group chief operating officer Nabeel Mungaye, chief economist Shan Saeed, Executive director Sheila Tan, chief executive officer Kashif Ansari, southern regions vice president Casse Tio and chief financial officer Shahid...

PETALING JAYA: Net profit of IOI Properties Group Bhd has climbed 26% to RM251.0mil for the first quarter (Q1) of FY 2018 ended Sep 30, 2017.  It recorded an operating profit of RM329.0mil, which is 22% higher than the preceding year corresponding quarter, on the back of RM870.0mil in revenue. The...