The four-storey commercial building with a basement, which is located near the Central Market, was sold via an open tender by its owner the OCBC Group, with the tender closing on May 27 last year.

TCS Arcadia is a 30-storey serviced apartment project coming up on a 3.3-acre leasehold tract of land in Bandar Saujana Putra.

There appears to be some misunderstanding between the Sarawak government and Putrajaya over the funding for the 1,089km Sarawak portion of the Pan Borneo Highway project. While Sarawak expects the RM16 billion to build the highway to come from an allocation over and above the normal infrastructure expenditure, Putrajaya, it seems, has been under the impression that the cost of building the highway would come from the regular allocation.

Rented for: RM4,500 (RM6.04 psf), Concluded by: Chong Teck Seng (REN 05043) of MIP Properties (012-873 1283), When: May 2016

OCBC Investment Research is keeping its “neutral” rating on Singapore’s residential property sector amid “one of the longest property bears in recent history”.

Bertam Alliance Bhd is selling two parcels of freehold land at Batu 9, Cheras, with a collective land size of 47,930 sq m (11.8 acres) to a unit of Guocoland (Malaysia) Bhd, for RM128 million.

The unexpected result from the UK referendum may have shaken stock markets globally and caused a temporary collapse of the pound, but JLL believes UK’s fundamentals remain sound and could mitigate the impact on the UK economy.

Three worth RM1.38b awarded yesterday.

Property and infrastructure developer Malaysian Resources Corp Bhd (MRCB) is close to securing a RM700 million work package for the Damansara-Shah Alam Highway (DASH) project, say sources with knowledge of the matter.

LTKM said the acquisition will be undertaken by the group's wholly-owned subsidiary, LTK (Melaka) Sdn Bhd, from 11 individuals.