The TEM report said that the negotiated selling price for the land that is to be sold is between RM80 and RM100psf, which works out to between RM115 million to RM143.7 million
CBRE London says there are about 160,000 new rental units in the pipeline, but estimates the increase in private rental households by 2021 is 216,000. It says this undersupply will impact rents
GuocoLand expects full take up of its high-end project by year-end
The Mercure Hotel in Kota Kinabalu that offers a sale and leaseback scheme has received overwhelming response from local and foreign investors, with 120 suites already taken up.
AlloyMtd has re-entered the UK property market through its £451 million (RM2.6 billion) redevelopment of One Crown Place in the borough of Hackney. President and CEO Datuk Dr Azmil Khalid is confident the project will be a success, although the journey wasn’t plain sailing.
There will be more than 550 Malaysian and international exhibitors from 19 countries participating in this year's event, which will also feature five pavilions dedicated to Austria, China, Germany, Singapore and the US.
Mitsui and NTPSB will hold equity stakes of 49% and 51%, respectively, in the newly formed joint venture entity
As at March 2015, there were 19,359 private residential units unsold, which include launched and unlaunched projects with the prerequisites for sale