Lee Yan Lian’s family’s land in Klang Valley up for sale
By THE STAR PETALING JAYA: Five parcels of freehold land in the Klang Valley owned by the late Tan Sri Lee Yan Lian’s family have been put up for sale by tender. A well-known philantrophist and community leader, Lee was a successful housing developer in the 1960s until his demise in 1983. He is renowned [...]
Sunway, Khazanah buy 276ha in Medini Iskandar
By BUSINESS TIMES Sunway says the 276.4ha, with an estimated gross development value of RM12 billion, were acquired for RM745.3 million. SUNWAY Bhd has teamed up with Khazanah Nasional Bhd to buy two plots of land in Medini Iskandar, Johor, for almost RM750 million. Sunway said the 276.4ha, with an estimated gross development value (GDV) [...]
PLB Engineering sells land
By BERNAMA KUALA LUMPUR: PLB Engineering Bhd’s wholly-owned sub-subsidiary, Pelangi Sehati Development Sdn Bhd, has disposed of a vacant freehold in Seberang Perai Selatan to Chin Hin Land Sdn Bhd for RM22.183mil, it said in a filing to Bursa Malaysia. – Malaysia Property News
Ban Guan Hin rejects SP Setia’s extension request
By THE STAR KUALA LUMPUR: SP Setia Bhd’s request for an extension to fulfill some conditions for its proposed acquisition of 1,010.5 acres in Ulu Langat, Selangor for RM330.1mil was not agreed by vendor, Ban Guan Hin Realty Sdn Bhd. According to SP Setia, in filing to Bursa Malaysia yesterday, conditions precedent included the approval [...]
PLB Land to buy land in Penang
By BUSINESS TIMES KUALA LUMPUR: PLB Engineering Bhd’s unit, PLB Land Sdn Bhd, has agreed to buy two plots of land in Ayer Itam, Penang, from individual vendors for RM6.5 milion last Friday. The plots, measuring 4,563 sq m and 5,178 sq m respectively, will be used for future development, the company said in a [...]
Ibraco buys prime land in Kuching
By THE STAR KUCHING: Ibraco Bhd is to aggressively expand its property development with the purchase of 49.5ha of prime land along Kuching-Kota Samarahan Expressway for RM41.6mil in cash. Managing director Chew Chiaw Han said the land acquisition was a strategic move in line with the group’s expansion and development plans. “The said land is [...]
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