News: apartment property investment

The most recent apartment property investment news from a variety of international property news sources.

Raja Housing signs MoU with Karnataka to build IT park

The Bangalore-based real estate developer Raja Housing plans to launch a few projects, including an IT park, in Bangalore. The company, which recently formed a subsidiary, Raja Infrastructure and Engineering Company, announced the signing of an MoU with the State Government of Karnataka for setting up an IT park near the International Tech Park Bangalore [...]

CapitaLand’s Malaysian success

Last month, Prime Minister Datuk Seri Najib Tun Razak told Johor Umno branch leaders not to be emotional or parochial about Singapore investments. For years, there has been this unhappiness about Singapore’s presence in the state, from the day tourists to corporate investors. The fact remains that Johor – and the country – need the [...]

Five architects shortlisted for RM1bil job

KUALA LUMPUR: Sime Darby Sunrise Development Sdn Bhd (SDSD) has shortlisted architectural companies to send in their designs for its RM1bil mixed development project in Bukit Jelutong, Shah Alam. The five are award-winning architectural firms, namely BIG, J&H Boifills, Benoy, DP Architects and Hijjas Kasturi, who are renowned for their forte in commercial developments and [...]

Homes becoming too costly for the average Malaysian

As I was getting ready for some exercise early yesterday morning, I saw a man walking up the street dropping a leaflet into the mailboxes of homes. I took one off him as he approached the front of my house and it was an advertisement for properties. The houses on offer in the secondary market [...]

KHSB to buy land for RM62m

KUALA LUMPUR: Kumpulan Hartanah Selangor Bhd (KHSB) has proposed to acquire two parcels of leasehold commercial land in Section 14, Petaling Jaya, from Majlis Agama Islam Selangor for RM61.72mil. In a statement to Bursa Malaysia, KHSB said the land, measuring approximately 38,850 sq m, would be used to develop a service apartment, shop offices and [...]

Hartanah Selangor buys PJ land

KUMPULAN Hartanah Selangor Bhd (KHSB) is buying two plots of leasehold land of 3.8ha in Petaling Jaya, Selangor, for about RM62 million. KHSB will pay RM45 million through borrowings, while the balance will be met from its own coffers. The deal is subject to the approval of the state authority. KHSB intends to develop serviced [...]

A new 5 star hotel to come up at Prabhadevi

A new five star landmark will soon come up in central Mumbai at Prabhadevi. A new , sea facing hotel with 84 business centres and 320 guest rooms is soon to come up on 5.3 acres of plot once occupied by  the Hindustan Spinning and Weaving Mill. This will be the first hotel in Mumbai [...]

Raj Nagar Extension: Quality housing, affordable price

Ghaziabad Raj Nagar Extension, located on National Highway 58, Ghaziabad, is a unique experiment where over 15 developers have come together to market projects in an area that is along a major transport corridor. Unlike several other places, where despite geographical clustering, developers largely sell individual projects, all developers have jointly promoted in Raj Nagar [...]

Alhind Builders to build tallest apartment in Kerala

Alhind Builders is set to construct what is claimed to be the tallest apartment building in Kerala, complete with two helipads. The 40-storey building forms part of an apartment complex coming up at Karaparamabu junction in Kozhikode, with two other buildings having 30 and 10 storeys each. The managing partner of Alhind Builders, Wazeerudhin said [...]

Menara Taipan Star in Golden Triangle for sale

Sited behind Shangri-La Hotel Kuala Lumpur and UBN Apartments, the property comprising an 18-storey office building and a 25-storey apartment block is going for an estimated RM306 million. Menara Taipan Star in Jalan P. Ramlee in Kuala Lumpur’s so-called Golden Triangle, has been put up for sale for an estimated RM306 million. Located behind Shangri-La [...]