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Will property developers' earnings peak in 2014?

31st March 2014

Property transactions In Q1 2014 are likely to be subdued as the market adjusts to policy changes. 

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Temasek launches new office in London

30th March 2014

The office will support its investment interests in Europe, the Middle East and Africa. It will deepen Temasek’s engagement in Europe and Africa. Strengthening ties between Singapore and these continents while adding to Singapore’s long and illustrious history of business and cooperation with London.

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New personalities behind Eco World and Malaysia Aica

29th March 2014

Both are interesting not just because of the new and dynamic personalities behind them, but due to their relative nimbleness and the early stages of growth they are currently in.

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Another mammoth project boost for Iskandar

28th March 2014

The first is a 500­acre mixed development on freehold land in Gerbang Nusajaya, which will be located at the gateway to the Nusajaya township and close to the Linkedua Expressway.

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SP Setia facing transition on human capital

27th March 2014

Leadership transition plan is intact but uncertainties remain. Tan Sri Liew Kee Sin will resign from SP Setia effectively April 30. The group's new president and CEO Datuk Voon Tin Yow has signed a one­year management contract effective from May 1, 2014.

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Paramount buys land in Batu Kawan

26th March 2014

Paramount Corporation Bhd has purchased 30 acres of freehold land in Batu Kawan, Penang for RM67mil from Penang Development Corp (PDC) to build a university college and mixed development project.

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SP Setia up on link to Syed Mokhtar

25th March 2014

SP Setia Bhd's shares surged yesterday following speculation that Tan Sri Syed Mokhtar Al-Bukhary is looking to buy Permodalan Nasional Bhd's (PNB) stake in the property company.

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Mah Sing shows appetite for more land

24th March 2014

Mah Sing Group Bhd has been on a land acquisition spree over the past six months and is not showing any signs of slowing down.

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Landing the deal

23rd March 2014

It is often interesting how the seller and the buyer have contrasting views on an asset that’s at the heart of a transaction. One example is Tropicana Corp Bhd’s proposed disposal of 309 acres in Kuala Langat, Selangor, to fellow property developer Eco World Development Group Bhd for RM470.67mil cash.

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SP Setia chief to sell stake to PNB

22nd March 2014

SP Setia Bhd’s outgoing president and chief executive officer, Tan Sri Liew Kee Sin, has exercised his option to sell the remaining 67.8 million shares, or a 2.76% stake, he held in the property development company to Permodalan Nasional Bhd (PNB).

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UEM Sunrise Bhd acquires UEM Sunrise (Canada) Sdn Bhd

21st March 2014

UEM Sunrise Bhd acquires two (2) ordinary shares of 1 Ringgit each in UEM Sunrise (Canada) Sdn Bhd (UEMS Canada) for a cash consideration of 2 Ringgit only. Following the acquisition, UEM Sunrise Canada becomes a wholly-owned subsidiary of UEM Sunrise.

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Tropicana sells RM470.6mil land to Eco World

20th March 2014

Tropicana Corporation Bhd is expected to bag a net gain of RM170mil from its RM470.67mil land sale to Eco World Development Group Bhd.

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Iskandar Malaysia tarik minat syarikat Indonesia

19th March 2014

Syarikat­syarikat bersaiz sederhana dari Indonesia kini memilih Iskandar Malaysia sebagai destinasi utama untuk meluaskan empayar perniagaan mereka ke peringkat antarabangsa.

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Be Ready To Face Another Financial Crisis, Malaysia Told

18th March 2014

Malaysia were told to brace for financial crisis amidst current state of uncertainty.

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Paramount acquires 30 acres from PDC

17th March 2014

Paramount Corporation Bhd (PCB) inked a deal with Penang Development Corp (PDC) yesterday for the purchase of 30 acres (12.14ha) of freehold land in Batu Kawan for RM65.56 million.

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Mah Sing swings into golf course development

16th March 2014

Before the dust can settle on its largest land acquisition in Johor, Mah Sing has made another purchase in the form of the Sultan Salahuddin Abdul Aziz Shah Golf Course. The 85.43­acre site is located in Section 13 in Shah Alam, Selangor.

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Condo residents want inconsistent water supply solved

15th March 2014

Residents of 11 Mont Kiara (MK11) Kuala Lumpur wants their condominium management to get to the root of their water supply problem.

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Mah Sing buys Shah Alam golf club land for RM327.4m

14th March 2014

Mah Sing Group Bhd has teed off its first land ac­ quisition for the year with the pur­ chase of 34.6ha of fairway in a well­ known golf course in Shah Alam for RM327.4 million.

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Legoland tarik pengunjung luar negara menerusi tarikan baharu

13th March 2014

Legoland Malaysia Resort mahu menarik lebih banyak pengunjung antarabangsa tahun ini, terutama lebih banyak tarikan dibuka pada tahun-tahun akan datang. Pengurus Besarnya, Mark Germyn berkata pada masa ini, dua pertiga daripada jumlah pengunjung taman tema itu datang dari Malaysia dan Singapura.

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Mah Sing buys Shah Alam golf club land for RM327.4m

12th March 2014

The plot, at the Sultan Salahuddin Abdul Aziz Shah Golf Club (KGSAAS), will be devel­ oped into a high­end eco­ themed project that is expected to have a gross development value (GDV) of RM2.5 billion.

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UEM Sunrise proposes to develop building in Melbourne

11th March 2014

UEM Sunrise proposes to develop a building in Melbourne, Australia.

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Eco World, Tropicana share trade suspended

10th March 2014

Trading of shares in Eco World Development Berhad and Tropicana Corporation Berhad was suspended from 2.30 PM till 5.00 PM.

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UEM Sunrise bina rumah mampu milik

9th March 2014

UEM Sunrise Berhad meneruskan komitmen untuk membina 10,000 rumah mampu milik yang akan dibina secara berperingkat mulai tahun ini di sekitar Johor khususnya Iskandar Malaysia. Pengarah Eksekutifnya, Datuk Izzaddin Idris berkata, sebagai pemaju induk bagi Nusajaya, pihaknya akan menawarkan lebih banyak kediaman pada harga mampu milik.

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Building on a legacy

7th March 2014

ON the recent demise of UEM Sunrise Bhd's former MD and CEO, a statement released by the company acknowledged that Datuk Wan Abdullah Wan Ibrahim was an inspirational leader who oversaw the transformation of the company into a leading Malaysian and international property player.

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Buy Mah Sing, says AmResearch

6th March 2014

AmResearch maintains its 'buy' call on Mah Sing Group with fair value tweaked slightly downwards to RM3.60 per share.

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Mah Sing JB land deal hits another snag

5th March 2014

Mah Sing Group Bhd's proposed RM411.2 million acquisition of 1,352 acres (547ha) of freehold land in Plentong, Johor Baru hit another snag after the Estate Land Board rejected Bistari Land Sdn Bhd's application to approve the deal.

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UEM Sunrise pledges to build 10,000 more affordable homes

4th March 2014

UEM Sunrise Bhd, the master developer ofNusajaya in Johor, has pledged to build 10,000 more affordable houses in Gerbang Nusajaya.

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A tribute to Wan Abdullah

3rd March 2014

This is a tribute to my friend, Datuk Wan Abdullah Wan Ibrahim, the former CEO and managing director of UEM Sunrise Bhd, who passed away on Feb 26.

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$387,000 cap for foreign house buyers in Johor from May

2nd March 2014

The new ceiling price of RM1mil (S$387,000) for foreigners buying properties in Johor will only be effective from May 1.

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Transforming Penang's landscape

1st March 2014

MAH Sing Group Berhad is set to give Penang a nudge forward in its evolution into a metropolitan destination with premium residential and commercial developments that soar above its contemporaries.

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UEM Sunrise CEO Wan Abdullah passes away

28th February 2014

UEM Sunrise Bhd managing director (MD) and Chief Executive Officer (CEO) Datuk Wan Abdullah Wan Ibrahim, whose stewardship had led the property development company’s revenue to grow from RM511.65 million in 2008 to RM2.43 billion in 2013.

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Ex-CEO of UEM Sunrise dies after short illness

27th February 2014

UEM Sunrise Bhd, a member of the UEM Group, announced that its former managing director and CEO Datuk Wan Abdullah Wan Ibrahim passed away at 545 AM yesterday following a short illness.

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UEM Sunrise heads hunts for new CEO

26th February 2014

UEM Sunrise Bhd is aiming for a record RM3.2bil in new sales this year, up from RM3bil worth of properties sold in 2013. The property developer said revenue is targeted to grow by 25% in the current year ending Dec 31, 2014.

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Stories behind weird, names of places

25th February 2014

LET THEM BE: We shouldn't rename roads, places that reflect our history OVER the weekend, I took the executive cab from KLCC to go home. "Pantai Hill Park," I told the young driver. "Where is that?" he asked. When I told him that it was in Pantai Dalam and Kerinchi, it drew a blank. It was when I mentioned Bangsar South that he knew where Pantai Hill Park was.

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Eco World to launch two townships

24th February 2014

Eco World Development Group Bhd will be launching two township development projects in Iskandar Malaysia in May following the success of its flagship project EcoBotanic@ Nusajaya launched last September. CEO Datuk Chang Khim Wah said the projects, EcoSpring and EcoSummer located in the Tebrau growth corridor would be launched concurrently.

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Mah Sing seeks nod for RM411 m land deal

23rd February 2014

Mah Sing Group Bhd's RM411 million deal to buy over a 1,351 acres of land in Plentong, Johor, is finally being put to shareholders for approval five months after it was first anounced.

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Vincent Tan's Cardiff property play

22nd February 2014

AFTER Tan Sri Vincent Tan's purchase of the Cardiff City football team, the Malaysian tycoon is II eyeing the property sector in Wales, United Kingdom.

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Last call at Garden Residence Cyberjaya

21st February 2014

HOMESEEKERS on the lookout for spacious landed homes within lush greenery in Cyberjaya should take note that there are only a limited number of units left at Mah Sing Bhd's popular Garden Residence Resort.

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Battersea Developer Limits New Home Offering to Buyers

20th February 2014

More than 200 apartments at Battersea Power Station will be offered only to buyers in London as developers respond to criticism that too many new homes in the British capital are going to overseas investors.

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Sime gives new insights

19th February 2014

HOMES in selected areas in the Klang Valley are still accessible to homeowners who may be looking to upgrade or to invest in a second home.

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Developers can tap several areas for more projects

18th February 2014

Property developers can tap Nilai, Bukit Subang and Bukit Jelutong for more housing developments because home owners there can afford an upgrade of their current residences, survey reveals.

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S P Setia builds luxury condos in Gurney Drive

17th February 2014

A strategic location boasting panoramic scenery, with facilities and amenities befitting an upmarket condominium, is what the developer of Setia V Residences is offering prospective investors.

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Finding affordable properties

16th February 2014

THE strong performance of the property market - marked by the upward rise in real estate prices, has seen the skyrocketing of residential property prices in Malaysia in the last few years.

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No Change in Sight for Malaysia’s Property Market

15th February 2014

Malaysia’s property market, already viewed as heading into a tight year this 2014, is proving predictions to be true with a remarkable decline in home transactions.

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UEM Sunrise ties up with KLK Land in Iskandar

14th February 2014

UEM Sunrise Bhd and KLK Land Bhd (KLK) have agreed to jointly develop large parcels of land in the Kulai district in Iskandar Malaysia, Johor.

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Johor govt to clarify on curbs in Iskandar

13th February 2014

The Johor state government is expected to clarify several uncertainties arising from the recent move by the federal government to cool down property speculation in the state.

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Research houses not excited on KLK JV

12th February 2014

KUALA Lumpur-Kepong Bhd's (KLK) joint venture (JV) with UEM Sunrise Bhd to develop two tracts of land in Nusajaya and Kulai Jaya in Johor failed to excite research houses due to subdued outlook on the property sector despite the RM816.8 million gain accrued to KLK for the land disposal.

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KLK-UEM Sunrise JV to unlock asset value

11th February 2014

The joint venture (JV) between plantation heavyweight Kuala Lumpur Kepong Bhd (KLK) and Nusajaya's master developer UEM Sunrise Bhd to develop each other's landbank in Johor's Iskandar Malaysia has been well perceived by analysts.

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Southville City’s affordable homes

10th February 2014

At the recent opening of the 173ha Southville City@KL South in Bangi, Selangor, Mah Sing Group Bhd simultaneously launched its largest Show Village and Sales Gallery.

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UEM Sunrise & KLK team up to boost land mass in Senai

9th February 2014

Joint-venture (JV) with KLK to boost mass housing & industrial landbank and gain exposure to Senai.

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UEM Sunrise, KLK team up

8th February 2014

UEM Sunrise Bhd and Kuala Lumpur Kepong Bhd (KLK)are pooling their resources to develop l,215ha of each other's landbank in Johor's Iskandar Malaysia with a total gross development value (GDV) ofRM20bil.

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New year property sales attract wanderer to buy house in hometown

7th February 2014

New year property sales attract wanderer to buy house in hometown.

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S P Setia Bhd announces deregistration of Setia (Hangzhou) Development Company Limited

6th February 2014

S P Setia Bhd says Setia (Hangzhou) Development Company Limited, an inactive subsidiary has been de-registered on January 3rd.

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Bridge of opportunity for Eco World

5th February 2014

Biccest landowner: Developer shows interest to bid for 190ha in Batu Kawan in mainland Penang, says source.

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Khazanah to have 50 trust schools by 2015

4th February 2014

Khazanah Nasional Bhd, with the cooperation of public-listed companies, aims to establish 50 trust schools by 2015.

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MRCB eyes a piece of Kwasa Damansara

3rd February 2014

RM5B GDV POTENTIAL: Company negotiating land deal in township with EPF, sources say Malaysian Resources Corp Bhd (MRCB) is eyeing sizeable land in Kwasa Damansara, Selangor

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Iskandar solar power project in the works

30th January 2014

The Iskandar Regional Development Authority (Irda) has put up a proposal to start a community-based solar power project in the economic growth corridor this year.

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Gamuda Profit Forecast Lowered With Shortage Of New Job

29th January 2014

Gamuda Profit Forecast Lowered With Shortage Of New Job.

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Tight Times for Malaysia’s Property Market

28th January 2014

2014 may be a challenging year for the property development sector in Malaysia. This prediction is due to the new measures implemented by the government.

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UEM Sunrise property roadshow at Four Points Hotel

27th January 2014

UEM Land, a subsidiary of UEM Sunrise Berhad under the UEM Group, is holding a two-day (Jan 25 and Jan 26 from 9am - 6pm) roadshow at Four Points Hotel here featuring five of its projects in Kota Iskandar, Johor.

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UEM Sunrise roadshow on five Nusajaya properties

26th January 2014

UEM Sunrise Berhad is offering attractive prices for the high-end Nusajaya in Johor during its property roadshow at ground floor, Four Points by Sheraton Hotel today.

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E&O unveils its latest luxury condo project

25th January 2014

lifestyle property developer Eastern & Oriental Bhd (E&O) launched its latest downtown condominium project The Mews.

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E&O unveils its latest luxury condo project

25th January 2014

lifestyle property developer Eastern & Oriental Bhd (E&O) launched its latest downtown condominium project The Mews.

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UEM Sunrise Bhd - Can it really hit RM 3 bln target

24th January 2014

UEM Sunrise says its projects are progressing on schedule and they have a total of RM 3.3 bln in unrecognised revenue.

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Malaysian Bio-XCell appoints 2 new directors

23rd January 2014

Malaysian Bio-XCell Sdn Bhd has appointed Razwin Sulairee Hasnan Termizi and Mohd Nadzari Bachek (below) directors as part of its efforts to further develop Bio-XCell as a unique biotech hub.

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Movement at the top for S P Setia

22nd January 2014

SP Setia has announced the departures of three key executives.

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MARC affirms ratings of UEM Sunrise's sukuk

21st January 2014

MALAYSIAN Rating Corp Bhd (MARC) has affirmed its ratings of MARC-1IS/AA-IS on property developer UEM Sunrise Bhd's sukuk with a stable outlook.

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Johor government to slap two per cent levy on foreign property buyers

20th January 2014

The Johor government has plans to impose a two per cent levy on foreign buyers across all property segments including the secondary property market from May in addition to the recent cooling measures announced in the Budget 2014

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Sabah property sector is stable in 2014

19th January 2014

THE removal of (DIBS) for properties and (RPGT) increment has had minimal impact since its implementation.

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Destination marketing for Iskandar Malaysia

18th January 2014

Iskandar Malaysia is the southern gateway attracting tourists even as more hotels are being built there.

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UEM Sunrise to be moved to FBM Mid 70

17th January 2014

UEM Sunrise Bhd will be removed from the FTSE Bursa Malaysia KLCI (FBM KLCI) effective January 21st.

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RM50bil Sg Buloh project takes off

16th January 2014

EPF will be calling for tenders for the development of the first phase of the 943ha in Sungai Buloh.

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Iskandar developers seek clarity on new rules

15th January 2014

Developers in Malaysia's red-hot development region Iskandar are still struggling to understand the country's new property curbs.

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RM1m rule delay will turn off foreign buyers

14th January 2014

Delay in implementing the new minimum price of RM l million for foreign property buyers will be seen as "unfriendly" to foreign buyers.

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Malaysia's property market to take a breather this year and next

13th January 2014

The property market might need at least two years to recover from the various cooling measures that came into effect.

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Video Showcase: Puteri Harbour Family Theme Park

12th January 2014

Puteri Harbour Family Theme Park is the place you should be heading to on your next family holiday.

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Local Consultants’ Poll: Market to consolidate in 2014

11th January 2014

Developers, sellers and buyers played the “wait-and-see” game prior to the 13th general election.

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Johor Bahru to receive further facelift

10th January 2014

Gadang Holdings has formed a JV with Capital City Property Berhad through its subsidiary Achwell Property Sdn Bhd for a proposed integrated development in Bandar Johor Bahru.

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Bursa logs first positive closing for 2014

9th January 2014

Bursa Malaysia gave its first positive closing for 2014 when local stocks ended slightly higher to erase Bursa's five-day losing streak.

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Property Dealing Volume Might Reduce By 10 Per Cent

8th January 2014

Volume of property transactions in 2014 might see a reduction of 10 percent than previous years

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Property sector poised for rebound

7th January 2014

Developers' valuations are expected to strengthen when many are trading close to trough valuations.

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Foreign interest picks up in property

6th January 2014

Even as the government implement measures to cool the property market, foreign investors continue to show interest in local properties.

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Malaysians holding back on the purchase of properties

5th January 2014

This trend is expected to continue in 2014 while home-owners are hesitant to sell their properties.

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Famous architectural firms won their bids to oversee UEM Sunrise's 2 developments in Melbourne.

4st January 2014

Elenberg Fraser & COX Architecture will oversee the development of UEM Sunrise's 2 land plots in Melbourne respectively.

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UEM Sunrise does its bit for charity by donating schooling gear to Orang Asli

3rd January 2014

The company does its CSR bit by donating schooling necessities to Orang Asli folks in Kampung Sungai Merbau in Tapah, Perak

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Malaysians make up 15pc of DUO Residences' buyers

2nd January 2014

DUO Residences is more than 90% sold and Malaysians accounted for 15 percent of its total sales.

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A very challenging 2014 ahead for property development

1st January 2014

Volume of transactions is likely to be adequate in ensuring stability in the market.

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