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    News and Articles on Freehold Land



    Axis REIT plans to buy seven warehouses for RM96mil cash  Nov 20, 2009
    ARMB said in a statement the sale and leaseback deal comprised five warehouse buildings located in Bukit Raja, Klang, on two pieces of freehold land, while two more were in Seberang Prai, Penang, on separate pieces of leasehold land. The acquisition was for a total cash consideration of RM71. (The Star Online, Malaysia -- Business)

    Expanding Simes international presence  Aug 22, 2009
    A joint venture re-development project of 250 acres of prime freehold land, it comprises high-end waterfront resort bungalows, low rise apartments and commercial units. The A$529mil project is planned for launch in mid 2010. (The Star Online, Malaysia -- Business)

    Mah Sings missing link  Aug 15, 2009
    However, at the press conference, the Mah Sing management talked about only one deal its proposed acquisition of almost 47 ha of freehold land in Cyberjaya. Wholly-owned subsidiary Myvilla Development Sdn Bhd is buying the property from Cyberview Sdn Bhd and Setia Haruman Sdn Bhd for RM130. (The Star Online, Malaysia -- Business)

    Mah Sing upbeat on Cyberjaya land  Aug 13, 2009
    1ha freehold land in Cyberjaya for RM130. 5mil cash will spearhead its expansion into the southern growth corridor. (The Star Online, Malaysia)

    GBH board plans to turn ops around  Aug 5, 2009
    86 acres of mostly freehold land along Jalan Segambut in Kuala Lumpur. Our intention, like Tans, is to enhance the value of the land by converting it to mixed commercial use, Goh said. (The Star Online, Malaysia -- Business)

    GuocoLand plans RM1.7b new project launches  Aug 4, 2009
    The project, on 1,000 acres freehold land, comprises Emerald East and Emerald West, with a bridge linking the two areas. Among the facilities and amenities are a 9-hole golf course, to be operational by the fourth quarter, and a Chinese school that can accommodate 2,000 students. (The Star Online, Malaysia)

    Magna Prima unit to buy land  Jul 16, 2009
    56ha of freehold land and parcels of leasehold land totalling 6. 79ha in Gombak, Selangor, for RM40. (The Star Online, Malaysia)

    KSL project in Klang Valley with gross development value of RM2.5bil  Jul 7, 2009
    64ha of freehold land in Jalan Klang-Banting, about 15km from the Klang town centre ... He said the projects freehold land would be the main selling point as not many residential property developments in the Klang Valley still had that status. (The Star Online, Malaysia)

    Harn Len to invest RM40mil in new palm oil mill  Jul 6, 2009
    The proposed development is located on three parcels of freehold land measuring 5,164 sq m.. For the financial year ended Dec 31, 2008, it recorded RM20. (The Star Online, Malaysia -- Business)

    Mulpha sees operating profit this year despite quarterly losses  Jun 25, 2009
    5-acre freehold land in Bukit Tunku and Leisure Farm Resort in Iskandar Malaysia, Johor. MULPHA. (The Star Online, Malaysia -- Business)

    Santander scraps UK bank brands  May 28, 2009
    1849: National Freehold Land and Building Society formed. Merged with the Abbey National Building Society in 1944 to form Abbey National 1989: Became first building society to float on London stock exchange 2004: Bought by Santander in 2004 - ditching the Abbey umbrella logo Best known ad slogan: "Get the Abbey habit". (BBC News -- Europe)

    Healthpark to complement Nusajaya development  Apr 14, 2009
    He added that as the master developer of Nusajaya with an area of almost 9,662ha of development-ready freehold land, it was vital for the company to make the area thrive. An artist's impression of the Afiat Healthpark @ Nusajaya complex. (The Star Online, Malaysia -- Business)

    Expressions of interest sought for Lyco  Apr 8, 2009
    Receivers and managers Keith Crawford and Colin Nicol of McGrathNicol said on Wednesday the assets for sale include freehold land and property, with full manufacturing facilities and offices, an "attractive" product range and customer base, manufacturing plant and equipment, stock and raw materials and intellectual property. A liquidator was appointed to Lyco this month after the company was unable to meet its ongoing financial obligations as a result of deteriorating business conditions. (Sydney Morning Herald -- Business)

    Broker's Call  Mar 28, 2009
    2mil, with the condition that Twinicon shall cause the transfer of freehold land measuring 22,280 sq m (swapped land) to LMGSA for the purpose of relocating the existing Lai Meng Primary School and Lai Meng Kindergarten. The proposed acquisition is expected to be completed by 2015. (The Star Online, Malaysia -- Business)

    I&P upbeat on next phase of Alam Impian township  Mar 28, 2009
    Is to build about 10,000 homes on the 1,235 acres of freehold land. Noor Lida says the next phase will only be launched when sales of Canting 2 have hit between 60% and 70. (The Star Online, Malaysia)

    I&P plans incentives for buyers of Canting 2  Mar 6, 2009
    Located on 1,235 acres of freehold land, the development of Alam Impian began in 2006. To date, three phases have been launched - Canting (double-storey terrace), Tinta (double-storey semi-D) and Nukilan (double-storey terrace). (The Star Online, Malaysia -- Business)

    New project to be launched soon  Feb 24, 2009
    The RM118mil StarParc Point is an integrated business hub in Setapak consisting of three-storey shop offices and six-storey retail-cum-office suites on five acres of freehold land. Besides fronting Jalan Genting Klang where there is heavy foot traffic, the project offers over 8% rental yield potential, interesting architectural design and a weather-controlled outdoor yard. (The Star Online, Malaysia)

    Mah Sing gears up to be a regional player  Feb 10, 2009
    12ha of freehold land in Setapak and 26. 8ha in Sri Pulai Perdana 2 in Johor Baru. (The Star Online, Malaysia)

    Proposed acquisition of SATS  Feb 8, 2009
    68 acres freehold land with the planning approval obtained from the Majlis Perbandaran Kulai for the proposed development of the Senai Airport City comprising the Cargo Hub and Logistics and High-Tech Park which include a Customs Inspection and Quarantine Complex and mixed development. SATSs unaudited net assets stood at RM295. (The Star Online, Malaysia -- Business)




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