City & Country: Jaya Grocer opens upmarket outlet in KL
Jaya Grocer’s design was inspired by the Queen Victoria Market in Melbourne, Australia |
Jaya Grocer’s design was inspired by the Queen Victoria Market in Melbourne, Australia |
The TWO spans 51.06 acres and will have an estimated GDV of RM5 bil |
Ho: As the country becomes more urbanised, and as land and property prices increase, high-rise living seems to be one of the key solutions to affordable housing |
ALISTAIR ELLIOTT has come a long way since he joined the graduate scheme of global property consultant Knight Frank in 1983. Elliott, 50, took over the helm as new senior partner and group chairman in April from Nick Thomlinson, who has retired.
KUALA LUMPUR: PJ Development Holdings Bhd does not have any plans to merge with OSK Property Bhd at this juncture. Both have a common substantial shareholder Tan Sri Ong Leong Huat, but this does not discount a consolidation in the future.
KUALA LUMPUR: YTL Corp Bhd’s net profit for the first quarter (1Q) ended Sept 30 rose 9% year-on-year (y-o-y) to RM427.6 million. Revenue grew 2.7% to RM5.21 billion from RM5.07 billion in the previous corresponding period.
YTL Corp has declared an interim dividend of 15%, or 1.5 sen per share, to be paid on Jan 17.
PETALING JAYA: The first post-budget Malaysian Property Expo (Mapex), organised by the Real Estate and Housing Developers’ Association of Malaysia (Rehda) in Johor from Nov 8 to 10 registered a lower turnout.
PETALING JAYA: Tropicana Corp Bhd will collaborate with Marriott International Inc to develop the 200-room Courtyard by Marriott in Penang.
SINGAPORE: The 49-storey residential tower in the DUO integrated development of Singapore’s M+S Pte Ltd saw a take-up rate of 87% during its five-day preview which ended on Sunday.A total of 574 units of the 660-unit development were sold at an average of S$2,000 (RM5,140) per sq ft (psf).
MELAKA: Freeport Retail Ltd and A’Famosa Group unveiled yesterday a RM190 million Freeport A’Famosa Outlet Village, in which its first phase will open in April 2015. The project is a joint venture between Freeport Retail Ltd, a leading developer and operator of outlet centres in Europe, and Langkah Realti Sdn Bhd, a wholly-owned subsidiary of A’Famosa Group.