“Having a Tesla car is cool in Hong Kong and this will draw buyer attention.”

The redevelopment would involve one-room flats.

The phase known as Ferrea is slated for completion end-2019.

The developer will be moving its current headquarters in Jalan Kuchai Lama to the office space at 8th & Stellar.

“The sit-in is being held to demonstrate the residents’ outrage at what has been done to the park, which is meant for the public’s use.”

The group also expects to conclude the share purchase agreement with the shareholders of Asian Finance Bank (AFB) in the first quarter of 2018.

Genting Malaysia said it remains optimistic about the growth potential of the leisure and hospitality industry in the medium to long term.

Genting said the hefty impairment losses of RM252.8 million were mainly in respect of the UK casino licences compared with RM16.1 million in the previous corresponding quarter.

Sold for: RM640,000 (RM605 psf); Concluded by: Teoh Peng Peng (PEA1696) of Hartamas Real Estate Sdn Bhd (018-206 7122); When: June 16, 2017

On improved operating margins on ongoing construction projects.