Property
PETALING JAYA, Dec 5: The recent sale of a 60% stake in Bandar Malaysia to a Malaysia-China consortium is a boost for local property market sentiment in the new year, with significant positive implications, according to AmResearch. On Dec 31, 2015, 1Malaysia Development Bhd announced that Iskandar Waterfront Holdings Bhd (IWH) and China Railway Engineering … Read more
To dispel the confusion as to why the price announced by China Railway for a majority stake in the Bandar Malaysia project was significantly lower than the amount previously reported, 1Malaysia Development Bhd (1MDB) said the figure represents the net equity value of the mega development and not the land sale valuation. Last Thursday, 1MDB … Read more
KUALA LUMPUR: Mah Sing Group Bhd has commenced works on four towers C, D, E and F of its Lakeville Residence project in Taman Wahyu, Kepong. Construction for Tower A and Tower B had started in 2014. In a statement yesterday, the property developer said the project, which has an estimated gross development value of … Read more