Prima 12, an integrated development comprising office buildings, residential area and commercial outlets, is to be built here in the third quarter of this year.
As all the details of the cash and share swap deal between Malaysian Resources Corp Bhd (MRCB) and Gapurna Sdn Bhd are being digested, the focus and questions now revolve around the development of the RM11bil PJ Sentral Garden City.
THE green-building trend is catching on in the Malaysian property market as developers and property buyers are showing more interest in sustainable development.
The Nomad Group Bhd is optimistic about the outlook for its serviced office segment, expecting to grow its office space by 30% supported by the conducive environment.
Axis REIT Managers Bhd (ARMB), the manager of Axis Real Estate Investment Trust (Axis REIT), aims to grow its portfolio by 20 per cent a year, amid global market uncertainties.
THE property market in 2013 is expected to remain strong with prices not likely to drop, said Malaysian Institute of Estate Agents (MIEA) president Nixon Paul.
Malaysia Building Society Bhd, via its wholly-owned unit Ambang Hartamas Sdn Bhd, plans to buy a proposed office building to be developed for RM239.24 million cash.
SP Setia Bhd recorded sales worth RM2.5 billion under the first phase of its RM6 billion KL Eco City integrated property development project here.
MALAYSIAN Resources Corp Bhd (MRCB) says the Penang Sentral project in Butterworth, estimated to be worth over RM3 billion, will begin in 2013 after more than four years of delay.
Property developer Emkay Group believes there will be a higher middle income population in Cyberjaya as the population in the area is expected to reach 100,000 over the next five years.