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#The Edge Forum* Value added properties for higher margins

KUALA LUMPUR:  A property investor can gain higher margins by adding value to a property, shared NK Tong, group managing director of Bukit Kiara Properties at The Edge Real Estate Investment Forum 2010 entitled “To buy or not to buy: Where to put your money?” on April 10.

#The Edge Forum* Klang Valley housing market at equilibrium

KUALA LUMPUR: The year 2010 would be a good time to examine properties as the Klang Valley residential property market in 2010 will be driven by supply rather than demand, said CB Richard Ellis (Malaysia) Sdn Bhd managing director Allan Soo.

#The Edge Forum* Potential upside for Malaysian REITs

KUALA LUMPUR: The combined effects of a strengthening ringgit and rising inflation are pushing Malaysian real estate investment trusts (MREITS) into the spotlight. This is also prompting anticipation that MREITs unit prices will trade higher and closer to their net asset values (NAV) in the next six months.

Idris Haron chairman of SPNB

MELAKA: Former Deputy Higher Education Minister Datuk Idris Haron has been appointed chairman of Syarikat Perumahan Negara Berhad (SPNB) with effect from April 1, taking over from Datuk Azian Osman.

Olympia Industries sells Menara Olympia

KUALA LUMPUR: Olympia Industries Bhd has disposed of its entire stake in wholly-owned unit Dairy Maid Resort & Recreation Sdn Bhd (DMRR) to Jelita Timur Sdn Bhd for RM30.15 million. DMRR owns Menara Olympia and the tract on which the building sits along Jalan Raja Chulan here.

Tiong Nam to build RM40 million warehouse

KUALA LUMPUR: Tiong Nam Logistics Holdings Bhd plans to build a RM40 million warehouse on a 23.76 acre leasehold  industrial site in Shah Alam, Selangor, a crucial move to capitalise on the gradual recovery in global trade amid an improving economic backdrop.