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Concorde KL to be demolished to unlock land value

Long-established Concorde Hotel Kuala Lumpur — which is linked to Sultan of Selangor Sultan Sharafuddin Idris Shah, entrepreneur Tan Sri Syed Yusof Syed Nasir and Singaporean tycoon Ong Beng Seng — may be torn down to make way for a multibillion-ringgit integrated project, documents show.

PAM launches Architecture Exhibition

The Malaysian Institute of Architects (PAM) has launched its Architecture Exhibition in conjunction with the Kuala Lumpur Architecture Festival 2016 (KLAF 2016) and the soft launch of the new PAM centre at Jalan Tandok.

Cash on hand, the ultimate buffer

The slowdown in the property sector has prolonged for over a year. Most analysts opine that the weak consumer sentiment and banks’ stringent lending policy will continue to pose earnings risk to property developers.

Greenland and Amare announce first tranche of six hotels in possible REIT listing

On July 1, China’s biggest state-owned developer, Greenland Group, and Amare Investment Manage­ment Group announced that they would be injecting an initial tranche of six hotels worth S$1.3 billion to S$1.5 billion into an investment vehicle, with an eye to setting up and listing a real estate investment trust (REIT) in Singapore.