Knight Frank Malaysia is the exclusive agent appointed by the property owner Media Chinese International Ltd (MCIL), which also owns the Chinese daily as well as Sin Chew Daily, China Press and Guang Ming Daily.

“Why pay out millions at the expense of ratepayers in Penang for unwarranted projects when better, cost-effective solutions are out there?”

“The site is regarded as the buffer zone of George Town Unesco World Heritage Site and it is important that we retain its historical values.”

The occasion was celebrated with an intimate onsite ceremony attended by the mayor of Parramatta, Lord Mayor Bob Dwyer, EWI executive vice chairman Tan Sri Liew Kee Sin, and EWI president and chief executive officer (CEO) Datuk Teow Leong Seng.

“The proposed divestment allows UEM Sunrise to immediately unlock the value of the property at a gain in line with market value, and free up the cash to enable the group to pursue other investments and venture opportunities,”

Based in Perth, Nex Metals is primarily engaged in gold exploration.

Rented for: RM5,500 (RM4.40 psf); Concluded by: Eugene Pang (REN 30525) of MIP Properties Sdn Bhd (016-272 4228); When: September 2019. “The tenant chose this unit as it was below the market [rental] price by about 10% for such units.”

Spanning 1,818 sq ft, the new Sony Centre emphasises innovative consumer experiences.

“Deferring the assessment tax hike would mean that two years later, those in the low and middle-income bracket would also have to pay the tax. So, there is not much difference.”

“We should not create a strict atmosphere for businesses to operate or else they might move operations elsewhere, like Vietnam, Indonesia or the Philippines.”