Ceramic Home awards job to China firm Sep 16, 2008
77-acre freehold land with units available ranging from 3,000 to 20,000 sq ft, with each floor having six units and private lift lobby and view of the KLCC and the Petronas Twin Tower. The contract signing was witnessed by Datuk K. Salman Younis, managing director Kuwait Finance House (M) Bhd which acts as a financier of the project through a special-purpose vehicle company, Flora Bliss Development Sdn Bhd. (The Star Online, Malaysia -- Business)
Aboriginal communities in bid for resort Sep 15, 2008
The resort, on 94 square kilometres of freehold land, has a full range of tourist accommodation, from deluxe hotels to camping grounds. It has 930 rooms. (Sydney Morning Herald -- Business)
Maltons strategy to weather slowdown Sep 8, 2008
8 acre freehold land comprises only 35 exclusive three-storey bungalows and link bungalows priced from RM3mil to RM3. 8mil each. (The Star Online, Malaysia)
Wild about us: untouched land equal to Amazon Aug 27, 2008
Twenty-four per cent of Australia is indigenous freehold land. The study found that Australia has the highest number of endemic mammal and reptile species in the world but also the worst rate of species extinction. (Sydney Morning Herald -- Australia)
Lord halts 'whole life' auction Aug 17, 2008
Page last updated at 09:25 GMT, Saturday, 16 August 2008 10:25 UK. Lord halts 'whole life' auction. (BBC News)
Prima Avenue launch goes ahead despite higher costs Aug 16, 2008
The Nadayu project would be on 80-acre freehold land near the Taman Warisan heritage park. . (The Star Online, Malaysia)
Malaysian Pacific Corp banks on LakeHill Resort Aug 15, 2008
It has about 500 acres of freehold land near Pasir Gudang in Johor that is master-planned for its proposed LakeHill Resort township. Artist's impression of the proposed Asia Pacific Trade and Expo City. (The Star Online, Malaysia)
BKP sells 40% of latest Vogue Tower Aug 11, 2008
87-acre freehold land and is BKP's third project in Mont' Kiara. The first two are the Aman Kiara and Hijauan Kiara that are fully sold and completed. (The Star Online, Malaysia -- Business)
Its a testing time for condos around KLCC Aug 8, 2008
56-acre freehold land) directly opposite the Petronas Twin Towers for RM2,600 per sq ft.. Also, the YTL group paid RM85mil to the Eng Lian group for a one-acre plot on Jalan Stonor, which works out to RM2,000 per sq ft.. (The Star Online, Malaysia -- Business)
Malton villas lure buyers Aug 6, 2008
The prestigious gated residential development on the last parcel of freehold land in SS23 offers units priced from RM3mil. A waterscape villa at The Grove @ SS23, Petaling Jaya. (The Star Online, Malaysia)
Polaris to purchase land in the Port of Long Beach, California Aug 5, 2008
Marco Romero, President and CEO of Polaris said: "We are delighted to be acquiring this unique parcel of freehold land in the Port of Long Beach. It is strategically located close to Highway 710 and will provide excellent access to the greater Los Angeles metropolitan area, the largest market for construction aggregates on the west coast of North America. We will now concentrate on the permitting and development of a highly efficient and environmentally progressive facility, which could make... (Canada Newswire)
MMC overpaying for SATS? Aug 5, 2008
68 acres of freehold land near the airport which would be developed into a logistics hub. More News lect> Go. (The Star Online, Malaysia)
Al Rajhi Bank buys i-City offices for RM95m Jul 28, 2008
I-Bhd announced Monday that both parties had signed a sale and purchase agreement for the bank to purchase the 36 units at i-City -- a RM2bil integrated commercial development on 72-acres of freehold land along the Federal Highway in Section 7, Shah Alam. Al Rajhi Bank (Malaysia) chief executive officer Ahmed Rehman said this investment was a strategic decision as the bank was transforming itself to become a banking technology partner for customers, particularly with the launch of its... (The Star Online, Malaysia -- Business)
Timing important during economic uncertainty Jul 21, 2008
The Nadayu project would be on an 80-acre freehold land near the Taman Warisan heritage park. This is probably the last piece of land of this size which can be developed near the forest, Kee said. (The Star Online, Malaysia -- Business)
Marvellous Mauritius Jul 14, 2008
The Real Estate Scheme (RES) allows small landowners to develop freehold land of no more than 10 hectares for sale mainly to noncitizens, according to the Mauritian Board of Investment (BOI). These developments can incorporate commercial and leisure facilities as well as residential units. (iAfrica.com)
Mulpha Land plans four new high-end projects Jul 14, 2008
5-acre freehold land, would have bungalows priced around RM15mil each. We will build only eight bungalows of 10,000 sq ft to 12,000 sq ft built-up area. (The Star Online, Malaysia -- Business)
Million Seed to build and sell Jul 13, 2008
45ha freehold land project, which would span six years with RM418mil in gross development value. Samuel Tan Wee Cheng (left)and Denny Lee. (The Star Online, Malaysia)
SP Setia in RM750m retail mall JV Jul 2, 2008
5 acres of freehold land in its Setia Alam township to Greenhill Resources Sdn Bhd for RM119. 57mil. (The Star Online, Malaysia -- Business)
Bengal land reform bills on hold Jun 26, 2008
The existing provisions do not allow a person to have freehold land beyond 12 acres for irrigated areas and 17 acres for non-irrigated areas. The law makes relaxations only for setting up of factories, mills, tea gardens, townships and planning areas. (India Times, India -- Community News)
UMLands RM1.5b worth of projects Jun 24, 2008
3-acre freehold land at Jalan Mayang, near the Petronas Twin Towers in early 2009. This is a 50:50 joint venture with Bolton Bhd. (The Star Online, Malaysia -- Business)
News in brief Jun 19, 2008
8ha freehold land in Johor Baru into a new company, SPJ Corp Bhd, which would assume the listing status of Kramat. Bernama. (The Star Online, Malaysia -- Business)
Guan Eng takes your questions Jun 17, 2008
Your new land policy to convert leasehold to freehold land may be popular among the people but wont it hamper future development by the state government. (Cheah, Kuala Lumpur) Its only residential, not commercial and not industrial. (The Star Online, Malaysia -- News)
Mutiara Goodyear in housing project tie-up Jun 17, 2008
Mutiara said the development would be carried out on three parcels of its freehold land measuring 253. 7 acres. (The Star Online, Malaysia -- Business)
AP Land building up its brand regionally Jun 16, 2008
AP Land, which recently acquired a piece of freehold land in Hokkaido measuring 3,082 sq m for RM18. 9mil, will make its debut in Japan's real estate market later this year. (The Star Online, Malaysia -- Business)
How does SA's garden grow? With lots of weeds Jun 12, 2008
Freehold land ownership needs to be introduced. Freehold has a downside: it allows for a winner-takes-all scenario. (Business Report, South Africa)
HeiTech jumps on takeover talk Jun 7, 2008
In April, HeiTech said it planned to sell a piece of freehold land and office building, Menara HeiTech Village, in UEP Subang Jaya to PNB for RM65mil. For the first quarter ended March 31, HeiTech made a net profit of RM4. (The Star Online, Malaysia)
Call for review of land status Jun 2, 2008
The new land policy would allow 30-year, 60-year or 99-year residential leasehold land to be converted into freehold land on a case-by-case basis ... He said the land premium price to convert leasehold to freehold status had to be based on a fair formula, taking into account the difference between the freehold land price and the property's current market price. (The Star Online, Malaysia)
Action Energy Inc. Achieves Record Funds Flow, Grows Production by 57% May 29, 2008
At present, the Company has approximately 16 sections of 100% working interest crown land and an additional 6 sections of 100% freehold land that are prospective for Bakken production. Alberta In January 2008, the Company drilled a 100 percent working interest exploration well at McLeans Creek in the Peace River Arch area. (Canada Newswire)
Conversion possible only after land returned to state May 29, 2008
Web search enhanced by. Thursday May 29, 2008 MYT 3:18:32 PM. (The Star Online, Malaysia)
Sunrise to redevelop Wisma Angkasa Raya May 28, 2008
According to the announcement, Tanah Tuah has registrable interest in a piece of freehold land within the KLCC.. Tanah Tuah represents a good investment as the property that is being acquired by Tanah Tuah has potential to be redeveloped into an upmarket commercial development, which will further strengthen the group's presence in a prime location, Sunrise said in the statement. (The Star Online, Malaysia)
Apply to convert to freehold status, Guan Eng tells landowners May 25, 2008
He said the state was studying a new land policy, which would allow the 30-year, 60-year or 99-year leasehold land be converted into freehold land on a case-by-case basis. We are also looking into allowing the tenure of leasehold industrial land owned by the state government to be extended from 60 years to 99 years. (The Star Online, Malaysia)
Triton Issues Superceding News Release For First Quarter 2008 Results May 23, 2008
- The Corporation acquired an option on 14 sections of undeveloped freehold land in one of its core areas at Sullivan Lake. Financial Summary ---------------------------------------------------------------------------- Three months ended March 31, 2008 2007 ---------------------------------------------------------------------------- Financial ($000's except for per share amounts) Petroleum and natural gas sales 4,023 2,753 Funds from operations(1) 1,760 1,245 Per share basic & diluted(1) 0. (CCNMatthews Press Releases)
Quill Capita exceeds target May 15, 2008
Built on a 281,904-sq-ft freehold land, it has a net lettable area of 275,020 sq ft and 1,050 parking bays. QCAPITA. (The Star Online, Malaysia -- Business)
Sime unit confident on take-up for Denai Alam May 14, 2008
The units, part of the seven phases on 1,000 acres of freehold land next to Bukit Jelutong, are priced from RM290,000 to RM470,000. Sime Darby Property has also launched two-storey shop lots in Denai Alam in January worth about RM750,000 each, of which 23 have been taken up. (The Star Online, Malaysia)
More projects from Metro Kajang May 12, 2008
METRO Kajang Holdings Bhd is set to consolidate its position as the biggest property developer in Kajang and Semenyih with the recent acquisition of a 270-acre prime freehold land in Kajang. The company's acquisition is a major achievement as it is not easy to acquire such a big piece of land near the town centre and also considering that it paid RM80mil for the land which would be turned into a high-end integrated township with a gross development value (GDV) of RM1. (The Star Online, Malaysia)
Metro plans RM1.5bil Kajang 2 May 8, 2008
5bil high-end gated and guarded development on its newly acquired 272-acre freehold land here. To be launched next March, the project will be developed over eight years. (The Star Online, Malaysia)
Land titles: Selangor to see how Perak does it Apr 18, 2008
The move by the Pakatan Rakyat government in Perak to issue freehold land titles to the planned villages and Chinese new villages within a month of being in power has been hailed by the people as a dream come true after almost 60 years. The move, the first involving new villages, is expected to give beneficiaries a sense of security and help in wealth creation. (The Star Online, Malaysia)
Project to give town an economic boost Apr 16, 2008
The project's mix of residential, commercial and recreational components comprising single- and double-storey semi-detached houses in 38 innovative designs will be developed on over 167ha of freehold land. A new dual-carriageway currently under construction will, when completed, cut travelling time between Pekan and Kuantan by half. (The Star Online, Malaysia)
UMLand to launch two more high-end condos Apr 15, 2008
3 acres freehold land bordering Jalan Mayang and Jalan Yap Kwan Seng would have two 45-storey towers with low density, he said at the project launch on Saturday. Yap said it was still too early to talk of pricing for the projects but assured that they would come with high quality finishes. (The Star Online, Malaysia)
Will Penangs property market continue to boom? Apr 5, 2008
Gurney Paragon is a mixed integrated development by Hunza Properties (Penang) Sdn Bhd comprising a mall, two blocks of high-end condominiums and a heritage building spread over 4ha of freehold land on Gurney Drive fronting the sea. The land was formerly occupied by the Uplands International School. (The Star Online, Malaysia)
AP Land makes foray into Japanese real estate Mar 19, 2008
Based on the price, the freehold land is estimated to cost RM6,132 per sq m, it told Bursa Malaysia yesterday. The acquisition from Caymans Island-registered Tancho Investments will enable it to broaden its income into the property development sector in Japan. (The Star Online, Malaysia)
Iluka Pro-Rata Entitlement Prospectus Mar 19, 2008
5 million and portfolio of Australian exploration tenements of over 90,000 square kilometres, mainly in the Eucla Basin and Murray Basin Extensive tenements totalling over 52,000 square kilometres in the Eucla Basin, including 2,000 kilometres of highly prospective, multiple ancient shorelines Large freehold land portfolio with signifi cant value, especially in the growth corridor of the South West of Western Australia Operations located in Australia and the United States countries with low... (Sydney Morning Herald)
AP Land buying Hokkaido land at RM6,132 per sq m Mar 18, 2008
Based on the price, the freehold land is estimated to cost RM6,132 per sq metre, based on the companys announcement to Bursa Malaysia on Tuesday. It was acquiring the land from Caymans Island-registered Tancho Investments would enable it to broaden its income into the property development sector in Japan. (The Star Online, Malaysia -- Business)
Revamped Magna Prima on stronger footing Mar 17, 2008
78-acre leasehold parcel in Section U1 of Shah Alam and two parcels of freehold land totalling 10. 23 acres in Jalan Kuching, Kuala Lumpur. (The Star Online, Malaysia -- Business)
Investment grade homes at Desa ParkCity Mar 10, 2008
Besides its good location in the last piece of sizeable freehold land in Menjalara, Kuala Lumpur, Desa ParkCity's master planned community and village concept had made it a well-sought-after address among buyers, he said. We are also actively looking at the viability of building housing units for senior citizens who want to continue enjoying an active lifestyle in a well-managed and secure environment, Lee said. (The Star Online, Malaysia)
UEM Land targets foreign property buyers Mar 5, 2008
28ha freehold land would have 861 high-end residential units. Wan Abdullah expected Singaporeans and expatriates working in the republic would be interested in East Ledang based on their response to the Horizon Hills project. (The Star Online, Malaysia)
Hap Seng Land to stamp mark in Peninsular Malaysia Mar 3, 2008
Ng said the company had about 500 acres of freehold land in Sungai Pelek, Selangor, where it planned to do mixed development. We are looking for land, particularly in the Klang Valley, to build high quality homes catering to a niche market, he said. (The Star Online, Malaysia)
RM1b GDV for East Ledang Feb 20, 2008
28ha of freehold land would have 861 units of high-end residential properties, Zulkifli said, adding that it would cater for local upgraders, new residents of the IDR, Singaporeans and expatriates based in the republic. He said UEM Land was banking on the projects location, which was easily accessible from Singapore via the Second Link crossing, generous space and pricing to attract foreign buyers. (The Star Online, Malaysia)
UEM expects RM1b from East Ledang development Feb 19, 2008
28 hectares of freehold land, would have 861 units of high-end residential property. East Ledang is the first resort residential development project to take place in South Johor within the Iskandar Development Region (IDR), he told journalists at a media tour of the projects site on Tuesday. (The Star Online, Malaysia -- Business)
Ski resorts to go in MFS sell-off Feb 13, 2008
This was boosted by record property sales including development at Mount Hotham of the last freehold land anywhere in an Australian ski resort. Oceanis also exceeded its earning forecast by 13. (Sydney Morning Herald -- Business)
Bandar Raya to launch RM2bil projects this year Feb 11, 2008
1ha freehold land fronting the Federal Highway in Subang Jaya. The RM125. (The Star Online, Malaysia)
MRCB in JV to buy land Jan 31, 2008
In a filing with Bursa Malaysia yesterday, MRCB said the freehold land had been approved by City Hall for commercial development with total gross floor area of 1. 4 million sq ft. The construction of the office towers is expected to commence this year over a development period of four years. (The Star Online, Malaysia -- Business)
TTDI selling tower to Felda Jan 22, 2008
68ha freehold land, is surrounded by new high-end condominiums like The Avare, Binjai, Stonor Park and Suria Stonor. It will be the biggest luxury development to be undertaken by a bumiputra company in the vicinity of the Petronas Twin Towers and Suria KLCC shopping centre. (The Star Online, Malaysia)
Bandar Raya expands land bank Jan 14, 2008
1ha of freehold land fronting the Federal Highway in Subang Jaya. In a statement, BRDB said the RM125. (The Star Online, Malaysia)
Mah Sing to expand in IDR Jan 4, 2008
The new project, called Sri Pulai Perdana 2, will be developed on 24,084ha freehold land worth RM21mil. We see a lot of upside not only because we can ride on our premium branding, unblemished track record and good locations, but also because the IDR and Singapores two integrated resorts will spur the economy further, Leong said. (The Star Online, Malaysia)
Pentridge banks on location Dec 24, 2007
35 hectares of freehold land in Pentridge Village Centrale. The project comprises of apartment suites, multi-level terraces (with private lifts) and houses with land packages. (The Star Online, Malaysia)
Ekovest to see profits from Danga Bay in 2009 Dec 18, 2007
In July, Ekovest announced that it was acquiring Danga Bay, together with 240 acres of freehold land, for RM1 ... It also has 25 acres of freehold land in Pulai, near Johor Baru. (The Star Online, Malaysia)
75% take-up for Damansara Idaman phase 3 Dec 18, 2007
8 acres of freehold land. The project is being developed by TA subsidiary, TA Properties Sdn Bhd. (The Star Online, Malaysia)
Consumer spending to remain robust Dec 18, 2007
2 acres of freehold land, Duta Grand aims to set a new price benchmark at RM30mil per bungalow. Under the commercial brand, we recently launched our first mixed use project named Setia Walk in Puchong to good response. (The Star Online, Malaysia -- Business)
Wolf set to become top tungsten maker Dec 6, 2007
The miner entered into a trading halt in June while it conducted negotiations with local interests and French group Imerys Minerals to purchase remaining mineral rights and freehold land. Wolf said Hemerdon mining was permitted to 2021. (The Australian)
Wolf shares soar after tin mine purchase Dec 5, 2007
Wolf has entered into an agreement to purchase freehold land and the rights to other minerals from Imerys Minerals Ltd that operates open-pit clay mining adjacent to Hemerdon. Wolf is aiming for a mine life of 15 to 19 years but must first clear planning hurdles. (Sydney Morning Herald -- Business)
After 12 years, title win state's biggest Dec 1, 2007
It also provides for the transfer of 102 hectares of freehold land to the Githabul people, several park ranger's jobs, and infrastructure, including an old forestry building. The parks and forests will remain open to the public and will continue to be managed by the State Government, but the traditional owners will have a role as advisers and consultants in their management. (Sydney Morning Herald)
New NSW native title deal the largest Nov 29, 2007
John Sosso, deputy president of the National Native Title Tribunal, said the agreement would deliver employment opportunities, freehold land and co-management of national parks to the Githabul people. It would also enable them to practise their traditional laws and customs such as hunting, fishing and gathering plants for personal use, and give them access and camping rights. (Sydney Morning Herald)
YTL buying Singapore apartments en bloc Nov 28, 2007
The more than 30-year-old, 50-unit condominium block is located on about 62,179 sq ft of prime freehold land. Its address is synonymous with some of Singapores top luxury residences, including the St Regis Residences, The BLVD and Four Seasons Park. (The Star Online, Malaysia -- Business)
Johor-based KSL gets on the Klang scene Nov 10, 2007
The freehold land, which is located at Jalan KlangBanting within Blackwater Estate (Klang), is situated about 45km south west of Kuala Lumpur City Centre and is about 15km south of the Klang town centre. On-going mixed development and mature housing projects e.g. Kota Bayumas by Island sular Bhd and Bandar Bukit Tinggi 3 by WCT Land Bhd are in the vicinity. (The Star Online, Malaysia)
