Archive for March 2007

A top indian property developer has made tracks into the country and made Cyberjaya in Selangor its first stop. The Embassy Group of Bangalore purchased a 10-acre site near the up-and-coming KL-Putrajaya Dedicated Highway at the end of last year for RM20 million (or RM46psf) via a joint venture company MKN Embassy Development Sdn Bhd.…

Building on a flying startRelaxed laws and advent of low-cost long-haul carrier spark hope of more foreign ownership The foreigners are coming, and at least two prominent township builders are suiting up to welcome them as purchasers. Recent relaxations of foreign ownership laws, the expected increase in tourist arrivals this year due to efforts by…