News

#Budget 2010:* Property sector highlights

KUALA LUMPUR: As expected, it was a quiet Budget 2010 for the property sector. Here are some highlights in Malaysia’s Budget 2010 tabled in Parliament by Prime Minister Datuk Seri Najib Razak on Oct 23:

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CIMB-Mapletree Management completes acquisition of Patimas’ HQ

KUALA LUMPUR: CIMB-Mapletree Management Sdn Bhd (CMM) has completed the acquisition of Patimas Computers Bhd’s headquarters building for RM60 million.

The property, located in Technology Park Malaysia (TPM), Bukit Jalil, comprises a 2-storey purposed built Grade A office building with a gross area of 138,000 sq ft.

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