PETALING JAYA: M101 has appointed China Huashi Enterprises Co. Ltd. (China Huashi) as the main contractor for the development of M101 Skywheel, a project with a gross development value (GDV) of RM1.8bil. M101 Skywheel is a mixed development which will stand at a height of 316 m and is headed for completion by 2020. Speaking after the signing ceremony with Huashi, M101 Datuk Seth Yap said this ...
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PETALING JAYA (Feb 10): Property prices in Johor’s Iskandar Malaysia is expected to drop in 2017 due to weak market sentiments and other challenges, but there are opportunities for developers to target buyers from overseas, said Landserve (Johor) Sdn Bhd executive director Wee Soon Chit. “There will still be a slight downward adjustment in property prices this year,” he told ...
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PETALING JAYA (Feb 8): Chinese developers and investors have bought a total US$1.8 billion (RM7.99 billion) worth of Australian residential development sites in 2016, amounting 38% of total sales, according to international real estate firm Knight Frank. “This is up 12% in comparison with 2015, and up 36% from 2012,” said Knight Frank in its latest report “The Rise of Chinese ...
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PROPERTY developer and asset manager Mammoth Empire Holdings Sdn Bhd has signed on the dotted line to sell its flagship Empire Shopping Gallery in Subang Jaya, Selangor, to Pelaburan Hartanah Bhd (PHB) for RM570 million cash. With the agreement, which was sealed late last week, MEH will be able to raise some much-needed funds and quash rumours of further delays in the completion of its ...
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