It offers 12,600 sq ft of fully-furnished workspaces that uses MAM for its daily operations, such as office space check-in and check-out, meeting room bookings, front desk services, meeting invitations, and payments.

Among the new launches are integrated high-rise developments in Kuala Lumpur known as TR Residence at Jalan Tun Razak and Saville @ Mont Kiara with an estimated gross development value (GDV) of RM400 million and RM430 million respectively.

Its developer Country Garden Pacificview Sdn Bhd also expected the project to create up to 220,000 jobs in many segments for Malaysians.

The Selangor state government hopes to obtain “smart state” status by 2025 according to its Smart Selangor Blueprint launched today at the inaugural Smart City International Conference 2016 in Subang.

It said the Department of Occupational Safety and Health Selangor and the Construction Industry Development Board Selangor have visited the site and carried out their investigations.

This is not the first time Oxley has ventured into a new geographical market through a partnership with a local company. The Royal Wharf project in the UK and the Dublin Landings in Ireland were both developed in partnership with local developers.

The purchase price was a 2% discount to the average of two independent valuations. Subject to unitholders’ approval, the acquisition will be funded through the issue of S$100 million new units and bank borrowings.

Maybank Kim Eng is maintaining a “neutral” stance on Singapore’s property sector while positioning defensively at the lower end of the risk spectrum, expressing a preference for exposure to stable platforms over trading portfolios.

The property developer said the surge in revenue was due to higher contribution by the group's property and road and quarry divisions...

MBSB president and CEO Datuk Ahmad Zaini Othman: At the end of the day, in any corporate exercise, it’s all about the pricing. If the pricing is right, then I suppose it’ll be okay.