PETALING JAYA: Glomac Bhd is moving ahead with two of its commercial projects -- one in Mutiara Damansara and the other at the old Kelana Seafood Centre site, both in Petaling Jaya, Selangor. It is also looking to sell the projects on an en bloc basis.

KUALA LUMPUR: ECMLibra Investment Research sees more upside for Glomac and expects its earnings prospects  to improve going forward, underpinned by unbilled sales of RM333 million.

KUALA LUMPUR: Singapore's CapitaLand Ltd plans to spin off its unit, CapitaLand Retail Ltd and list it on the Singapore Exchange, and the proceeds to be raised from corporate exercise is S$1.57 billion.CapitaLand said in a statement to SGX on Monday, Oct 5 that CapitaLand Retail will be renamed CapitaMalls Asia Ltd.

Rule No 1 when buying a property on the secondary market; inspect the real estate more than once, especially if you intend to stay there.

Buying a home is a once-in-a-lifetime event for many of us; so one needs to avoid at all costs any potential pitfalls in the process.

KUALA LUMPUR: Glomac Bhd had acquired two parcels of land in Ijok, Selangor, totalling 27.8 acres, for RM9 million.

KUALA LUMPUR: The second phase of Eastern & Oriental Bhd’s (E&O) St Mary Residences, Tower A, achieved a take-up rate of 25% following its launch on Oct 1, said the company. E&O also said that there was a substantial number potential buyers registering interest in the second phase of the project, and who are expected to place their bookings soon.

KUALA LUMPUR: Construction group, Bina Puri Holdings Bhd has accepted the letter of award from Mayland View Sdn Bhd on Sept 25 for the construction and completion of one block of 38-storey serviced apartments with two-basement car park areas and four units of TNB substations at Jalan Kuching, Kuala Lumpur for RM185 million.

KUALA LUMPUR: Singapore's CapitaLand Ltd plans to spin off its unit, CapitaLand Retail Ltd and list it on the Singapore Exchange, and the proceeds to be raised from corporate exercise is S$1.57 billion (RM3.85 billion).

KUALA LUMPUR: The time is now ripe to get a new developer to complete the Plaza Rakyat project, said DTZ Malaysia executive director Brian Koh.

Koh said the abandoned project has been an eyesore in the heart of Kuala Lumpur for more than a decade.

A condo project in TTDI, Kuala Lumpur, abandoned for more than 10 years, has recently been revived. Renamed Mas Kiara Residences, it comprises two 16-storey towers offering 242 units and four penthouse suites.