The bank plans to invest a US$500 million fund in some undervalued properties in Kuala Lumpur and the Asean region, says its vice president for asset management
UNITED Malayan Land Bhd (UMLand) plans to develop several property projects in the Iskandar development region in Johor with a gross development value of RM1.4 billion over six years.
THE Bukit Gambang Resort City, which has a gross domestic development value of RM1.8 billion, will be fully developed by 2018, says its developer Sentoria Group Bhd.
Some RM400 million worth of luxury properties are expected to be sold by the end of the three-day iProperty.com Expo "Luxury Collection", which features high-end properties locally and abroad.
KUALA LUMPUR: Pacific Star Holdings Pte Ltd, a real estate investment house, said it is bullish on the outlook for the Asian retail property sector this year.