Property

Business as Usual at Country Garden

Country Garden Holdings Co Ltd posted a 131% increase in contracted sales to US$42.5 billion in the first six months reported NST. According to its statement, Country Garden topped the industry in terms of both contracted sales and contracted sales gross floor area. The latter rose 106% to 32.26 million sq m. The first-half sales numbers for Country Garden and the country’s two other top players, China Vanke and Evergrande

Johor’s Population Growth to Boost Home Demand 1

“Johor’s housing needs could still outstrip supply over time, given recent forecasts for the Malaysian state’s population growth”, said Su Baiyuan, Executive Director of Country Garden Holdings Company, responsible for overseas operations, to Oxford Business Group (OBG). An oversupply of residential units has slightly driven down property prices in Johor recently and prompted the government to put a freeze on new applications for high-rise developments. Su told the global research

UMLand’s Seri Austin Turns 12

UMLand’s Seri Austin township developed by Dynasty View Sdn Bhd received a grand celebration on its 12th anniversary in conjunction with Hari Raya celebration that saw over 500 people including its business partners, stakeholders, authorities and residents. After its opening since 2005, Seri Austin spread across 500 acres of freehold land, has attracted a community of 20,000 residents over the years – selling a whole range of properties from apartments,

RM5bil to Finance 89 of PR1MA’s Executed Projects Nationwide

Datuk Abdul Mutalib Alias, Chief Executive Officer of Perbadanan PR1MA Malaysia unveiled plans in June 2017 to raise RM5bil to finance 89 of PR1MA’s executed projects nationwide. These projects comprises of 89,449 units of homes with an estimated gross development value (GDV) of over RM23bil. PR1MA was established in 2012  and it had a mandate to build 500,000 units of affordable housing for the middle-income group with a monthly household

Spring and Summer Come Together

Eco World Development Group Bhd (EcoWorld) has strategically built two residential townships aptly named Eco Spring and Eco Summer and a commercial space called Eco Palladium at the heart of Iskandar Malaysia in the Tebrau Corridor. Facilities such as medical centres, supermarkets, hypermarkets, international schools, transportation hubs, tertiary education institutions, are conveniently made available. Eco Spring EcoWorld’s Eco Spring Township in Iskandar Malaysia, Johor is an integrated development of combined

Beyonics International to Invest USD$3 Million in Johor

It was reported that Singapore-based leading precision parts manufacturer Beyonics International Pte Ltd plans to invest another US$3 million to build a new facility for its metal stamping operation. Its Chief Executive Officer, Scott D. Smith said the new facility would be located next to the company’s existing facility at the i-Park Industrial Park in Bandar Indahpura, Johor. “With the additional investment, we have invested a total of US$17 million

The 2017 iProperty.com Agents Advertising Awards is Back for the 3rd Year

iProperty.com Malaysia, the country’s No.1 property portal announced that the highly coveted iProperty.com Agents Advertising Awards is back for the third consecutive year on 15th August 2017 at KL Hilton. iProperty.com Malaysia & Singapore Chief Executive Officer, Haresh Khoobchandani said, “It’s the most acclaimed property industry awards in the country as it celebrates the best advertising practices and outstanding performances by agencies and professionals within the real estate industry”. These

Premium Office Building Medini 9 in Iskandar Puteri’s CBD Opens in 2018 1

Medini Iskandar Malaysia Sdn. Bhd. (“MIM”) achieved another significant milestone when it held the Topping Off Ceremony for a premium office building, Medini 9, which boasts a gross floor area of about half a million square feet. The ceremony signified the completion of the superstructure for the Medini 9 office development. Held at the roof top of the 21-storey building, guests at the event witnessed the symbolic Topping Off Ceremony.

Le Grandeur Palm Resort Johor Wins Agoda Golden Circle Award for 2016

Le Grandeur Palm Resort Johor, managed by Palm Resort Berhad once again received the Agoda Golden Circle Award for the year 2016, recently. Le Grandeur was one of the hotels receiving the award along with eight other hotels in Johor. Last year, the hotel was also one of the recipients of Agoda Golden Circle Award 2015.  The Director of Agoda Malaysia, Jeff Hoh and Assistant Marketing Manager, Michelle Chue was

D’Lagoon-Luxury Development by the Lake Unveiled 1

United Malayan Land Berhad (UMLand) recently launched its latest development in Taman Seri Austin township named D’Lagoon-Luxury Development by the Lake which is a freehold project with a land spread across 6.56 acres. The RM162 million project will feature two twenty-storey towers of 204 luxury apartment units attached with 58 three-storey landed strata villas by the lake. “Prices will start from RM491,800 for the apartments while the villas’ starting price