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BUKIT MINYAK: The state government has so far approved six projects for the development of purpose-built workers’ accommodation in Penang.
ISKANDAR PUTERI: Mah Sing Group Bhd has inked a memorandum of understanding (MoU) with the Netherlands Maritime Institute of Technology (NMIT) to provide fully-furnished accommodation for the institute’s students.
PURPOSE built student accommodation (PBSA) or student property in the UK is an attractive investment as it offers an annual net yield of between 7% and 9% after outgoings, says Cornerstone International Properties director Virata Thaivasigamony.
KUALA LUMPUR: Sentoria Group Bhd is set to increase its accommodation capacity in Bukit Gambang Resort City (BGRC) by the third quarter of 2012.
KUALA LUMPUR: The Kumpulan Wang Persaraan (Diperbadankan) (KWAP) bought two purpose-built student accommodation buildings in the UK for a total of £39.75mil (about RM280mil).
KUALA LUMPUR: My EG Services Bhd (MyEG) has proposed to diversify its existing principal activities and its units to include the foreign workers accommodation programme (FWAP).
ISKANDAR PUTERI: i2M Ventures Sdn Bhd (i2M), a wholly-owned subsidiary of Khazanah Nasional Bhd, has signed a strategic partnership with Mah Sing Group Bhd to provide accommodation to companies operating in Medini Iskandar, Johor.
KUALA LUMPUR: Mah Sing Group Bhd has partnered with EduCity Iskandar Malaysia Sdn Bhd (Educity) to become the first external accommodation provider for students at its Meridin @ Medini Executive Suites in Iskandar Puteri, Johor.