City&Country: Offshore-- Renminbi’s rise spurs property boom for China’s new rich
Make small talk with someone in China and eventually the topic will get around to property.
Make small talk with someone in China and eventually the topic will get around to property.
An increasingly audible outcry in China over soaring home prices, at a time when millions still live in shanties, has prompted a search for solutions to make housing more affordable for both the poor and the growing middle clas
Harp Soon Corp Sdn Bhd may not be a familiar name in the property development faternity, but its founders, who keep a very low profile, have been around for 35 years now.
Russia today is a far cry from the former Soviet Union described by Ian Fleming in his James Bond novels.
One of the biggest property developers in Malaysia by market capitalisation, IJM Land Bhd is known for its large-scale housing projects.
Malaysia tends to undersell itself, says Choy-Soon Chua, managing director of Germany-based SEB Investment GmbH (SEB) as he takes City & Country on a tour of Pavilion Residences Tower 1’s newly launched 4-bedroom Sky Villas
Interest in landed properties up for auction in April and May continued to rise, maintaining the trend in March when the number of bidders shot up, say auctioneers.
KUALA LUMPUR: Tanjong Capital Sdn Bhd (TCSB), a vehicle linked to Malaysian tycoon T Ananda Krishnan, is launching a conditional takeover offer for Tanjong plc to acquire all of the latter’s ordinary shares of 7.5 pence each for a cash offer price of RM21.80 apiece, it said in a Bursa filing on Friday, July 30.
KUALA LUMPUR: Sunway Lagoon Sdn Bhd units Sunway Wildlife Sdn Bhd and Sunway Lagoon Management Sdn Bhd had been wound-up voluntarily by creditors on July 29 as if they had been dormant, parent company Sunway City Bhd (SunCity) said in a Bursa filing on Friday, July 30.
KUALA LUMPUR: Crescendo Corporation Bhd (CCB), via its unit Crescendo Development Sdn Bhd (CDSB), has boosted its stake in Crescendo Land Sdn Bhd (CLSB) to 90% by acquiring a 20% stake in the latter for RM250,000.
The group announced on Friday, July 30, that it had acquired the stake, or 24 shares, from CLSB director Datuk Abd Rahman Mohd Yunos on July 29.