Cyberview to start RM120m housing venture

By BUSINESS TIMESCYBERVIEW Sdn Bhd, landowner and developer of Cyberjaya, will embark on a RM120 million mixed residential property project this year to provide affordable homes for those working in the area. Managing director Redza Rafiq said under the project, the company will build 1,000 units of mixed freehold homes, priced between RM80,000 …


Asas Dunia in pact to buy land for RM33.5m

By BERNAMAPROPERTY development company Asas Dunia Bhd has signed an agreement to purchase a piece of land totalling 55.16ha in Seberang Perai Selatan for RM33.5 million from TPPT Sdn Bhd. Asas Dunia managing director Datuk Jerry Chan said in Penang yesterday the land purchase was for the development of medium-cost housing in the area. …


SBC lines up projects worth RM350m

By BUSINESS TIMESCONSTRUCTION and property company SBC Corporation Bhd will undertake some RM350 million worth of projects in the next 12 months, said managing director Sia Teong Heng. It expects to generate significant income from the projects in the financial year ending March 31 2009. Leading the list of projects is its …


BLand’s 1Q net profit doubles to RM38.2m

By THE EDGEKUALA LUMPUR: Berjaya Land Bhd’s (BLand) net profit more than doubled to RM38.2 million in its first quarter (1Q) ended July 31, 2007 from RM15.01 million a year earlier partly due to higher property sales and the write-back of impairment in value of certain quoted investments in an associated company.In a statement yesterday, [...]


Ireka confident of doubling order book to RM1b

BY THE EDGEKUALA LUMPUR: Ireka Corporation Bhd is confident of clinching a RM500 million contract to build a luxury condominium project in Mont’Kiara by year-end that will double its order book to RM1 billion.Its managing director Lai Siew Wah said the company had a RM500 million order book at present, which includes the construction of [...]


DXN to co-develop ‘Stargate Autocity’ mix development project

By THE EDGEKUALA LUMPUR: DXN Holdings Bhd and Taglink Capital Sdn Bhd will jointly develop a mixed development project called “Stargate Autocity” in Kedah via a special purpose vehicle (SPV).DXN said in a statement yesterday that it had signed a memorandum of understanding (MoU) with Taglink to form Stargate Autocity Sdn Bhd, the SPV to [...]


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