KFH financing for developer
By THE STAR KUALA LUMPUR: Kuwait Finance House (M) Bhd (KFH Malaysia) continues to grow its investment in the local real estate sector as it has agreed to provide Corner Side Realty Sdn Bhd with a Mudharabah financing facility worth RM74.7mil. Through the facility, Corner Side Realty will enter into an underwriting agreement with …
Lion, E&O Property team up in apartment project
By BUSINESS TIMESE&O Property Development Bhd and the Lion Group will jointly develop three blocks of 28-storey service apartments in Jalan Tengah/Jalan P. Ramlee, Kuala Lumpur.The development order was received by the two parties in May this year. The project is to be completed by mid-2008.Total net area for the development is estimated at 940,000 [...]
Sime Darby Property’s Ara Hill generates RM50m sales
By THE EDGEPETALING JAYA : Sime Darby Bhd Property recorded more than RM50 million in sales over one week for the final phase of Ara Hill, its luxury residential development in Klang Valley.The final phase of 182 units with bigger terraces, private gardens and outdoor pavilions is within the 762-acre Ara Damansara township.Built on elevated [...]
YTL Corp wins RM1b property bid in Singapore
By THE EDGEKUALA LUMPUR: YTL Corporation Bhd has won a S$435 million (RM1.02 billion) bid for the en bloc purchase of 50 high-end residential units of the Westwood apartments located on Singapore’s Orchard Boulevard.The purchase, which is YTL Corp’s third land acquisition in Singapore in the last two years, is the largest residential collective sale [...]
Mah Sing secures another RM560m en bloc sales
By THE EDGEKUALA LUMPUR: Mah Sing Group Bhd has secured a RM560.6 million double coup with en bloc sales of The Icon Jalan Tun Razak (East Wing) and The Icon Mont’ Kiara to a joint venture (JV) between Kuwait Finance House KSC (KFH) and Autron Corporation Ltd.These are the second and third en-bloc sale within [...]
Sime moves into premium high-end properties
By THE STARKUALA LUMPUR: Sime Darby Bhd has earmarked 29.14ha near Bukit Kiara to be developed into an exclusive high-end premium residential property next year.Dubbed “Hyde Park of Kuala Lumpur”, the yet unnamed project will comprise condominiums, bungalows and villas surrounded by greenery – a forest reserve and a 36-hole golf course. A bungalow unit [...]
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