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Temasek, Khazanah ‘sign S$5b in property development loans’

June 11th, 2012 · No Comments

Singapore investment company Temasek Holdings and its Malaysian equivalent Khazanah Nasional have already signed S$5 billion value of property development loans. This revelation was uttered by a reliable person . DBS Bank, Oversea-Chinese Banking Corp, United Overseas Bank and Malayan Banking loaned S$850 million each, while Australia and New Zealand Banking Group, Sumitomo Mitsui Banking […]

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Accessibility rules for older buildings may get a boost

May 27th, 2012 · No Comments

  As nearly all public buildings in Singapore property have attained some level of basic accessibility, and virtually nine in 10 buildings near Orchard Road now offer some accessibility features, the government is not ruling out legislation to provide already existing buildings constructed prior 1990 an added momentum to meet basic accessibility requirements. ‘We probably […]

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Developers Eyeing Former Unilever Plant site In Bangsar

May 13th, 2012 · No Comments

PETALING JAYA: A number of Malaysia property developers are held to have tendered their bids to assume the development of a 8.09ha in Bangsar that previously housed Unilever Malaysia’s soap and margarine manufacturing plant. It has been vacant ever since Unilever Malaysia moved out in 2003. Along with the interested bidders are Mah Sing Group […]

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Gov’t To Double Price Of Houses That Foreigners Are Allowed To Purchase

May 11th, 2012 · No Comments

The Government is contemplating increasing the minimum floor prices of houses that foreigners are foreigners are permitted to buy to RM1mil from the present RM500, 000 in an attempt to direct the growth in property prices, sources said. They claim that said  decision was “in the pipeline” and the execution would be made by the […]

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UK envoy: Property sale should be sealed by year-end

April 30th, 2012 · No Comments

KUALA LUMPUR: The British High Commission property along Jalan Ampang will have to be put on the market. Nevertheless, a deal ought to be completed by the end of the year. The the British High Commissioner said. Simon Featherstone said they are still on the hunting for a new office building to move in to. […]

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Transforming An Old Light Industrial Area Into Mini Metropolis

March 5th, 2012 · No Comments

Transforming and redeveloping an old light industrial area into an upmarket resort-inspired residential and commercial enclave is an grueling task, but never an impossible one. Bolton Berhad, one of the oldest  Malaysia property developers, has confirmed in its transformation of the 140ha Taman Tasik Prima Puchong over the last 10 years. Taman Tasik Prima has […]

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