All posts in "Developer"

Small Developers To Focus On Affordable Homes In Klang Valley

By Kim Wong / 8 months ago

While big property players are focusing on constructing townships outside Klang Valley, smaller developers are building low-cost homes in more mature locations in Kuala Lumpur and Selangor, reported the New Straits Times. According to NCT Group Founder and Managing Director Datuk Seri Yap Ngan Choy, it’s safer to invest in affordable housing within Klang Valley, […]


Setia Ecohill To Launch Final Block of Affordable Apartments

By Kim Wong / 9 months ago

Setia EcoHill will be launching its final block of D’Camellia Apartments this weekend. D’Camellia which is under Setia EcoHill’s affordable homes offer is a freehold project comprising of two 18-storey residential towers with a total of 635 units. Block 1 was launched in Oct last year, saw a take up rate of 70%. The encouraging […]


Developer Opens New 24-Storey Property In Damansara Uptown

By Jax Lee / 10 months ago

CAPITALAND’S serviced residence business unit, Ascott Limited (Ascott), has opened its first Somerset-branded property in Petaling Jaya’s Damansara Uptown area. The unveiling of the 211-unit Somerset Damansara Uptown Petaling Jaya marks Ascott’s continued expansion in Malaysia. The management contract for Somerset Damansara Upptown was awarded by the See Hoy Chan Sdn Bhd Group, which is […]


SP Setia’s Ever Expansion In Melbourne

By Jax Lee / 11 months ago

FOLLOWING the grand opening of Parque Melbourne, S P Setia’s second project in Melbourne, the developer is keen to expand its territories in Australia, with its main focus in the world’s most liveable city. S P Setia Bhd non-independent non-executive chairman Tan Sri Datuk Dr Wan Mohd Zahid Mohd Noordin said Melbourne’s status as the […]


Developer Opens RM4.5 Mil Sales Gallery

By Jax Lee / 11 months ago

THE Selangor State Development Corporation’s (PKNS) premium development arm, DatumCorp International, has launched its sales gallery at 42, Jalan U Thant, Kuala Lumpur which will feature its first development, Datum Jelatek — an award-winning RM1.2bil gross development value (GDV) integrated development. PKNS’s portfolio includes 11 townships in Selangor, including the state capital Shah Alam, Kelana […]


SP Setia Posts Pre-Tax Profit Of RM260.44 Million

By Kim Wong / last year

KUALA LUMPUR, (Bernama) — Property developer SP Setia Bhd posted a pre-tax profit and revenue of RM260.44 million and RM1.26 billion, respectively, due to strong sales of RM943 million for the three-month period ended Sept 30, 2016. Meanwhile, for the nine months period ended Sep 30, 2016, the group recorded a pre-tax profit of RM657.43 […]


Stonor 3 Luxury Development Gets 30 Pct Take-up Rate

By Jax Lee / last year

KUALA LUMPUR, Sept 28 (Bernama) — Property developer Tan & Tan Developments Bhd said its joint-venture (JV) luxury curated development with Japan’s Mitsubishi Jisho Residence Co Ltd, Stonor 3, has achieved 30 per cent take-up rate since its registration commenced in June this year. Tan & Tan Executive Director Teh Boon Ghee said the development […]


These Are The Strategies That Developers Are Using To Sell-Off Their Properties

By Kim Wong / last year

With the economy downturn, ringgit continue to drop and overall soft property market in this year, all of the property developers are seeking the new strategies to sell-out their property units. Besides, we can see the news that said some banks have provide the favourable financial options with more flexible terms to those who are plan to buy house […]


Malaysian Property Developers Were Unfazed By Brexit

By Jax Lee / last year

Property players with developments in Britain were unfazed by Britain’s exit from the European Union. Regardless of the outcome, CIMB Research noted that the uncertainty created during the negotiation may deter foreign investment into the London property market. “Foreign interest may recover afterwards, but the extent of the recovery will depend on the terms agreed,” […]


Developer Attract Buyers With Leasing Scheme

By Jax Lee / last year

Property developer TG Development has unveiled a new scheme that will allow buyers to rent a unit at Lloyd Sixtyfive in River Valley before deciding to purchase it. Under its Experiential Leasing Scheme, a potential buyer can sign a two-year lease and pay the rent and refundable deposit upfront to stay in a brand new […]

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