Global Oriental Bhd is wrapping up the year with a soft launch of the second phase of its Galleria mid-range serviced apartment,  in Equine Park, Seri Kembangan, on Dec 3.

LBS Bina, through its wholly-owned subsidiary Misi Aktif Sdn Bhd, has worked together with P1 Marine Motorsports to make the 2016 P1 AquaX water sports competition a successful event.

Mapletree Logistics Trust Management, the Manager of MLT, announced on Thursday that the four properties will be acquired from Growthpoint Properties Australia.

The group, which diversified into property development and construction in December 2015, recorded a pre-tax profit of RM300,000 in 1QFY2017, as against a pre-tax loss of RM2.9 million in 4QFY2016.

This is due to the lack of clear timeline for the project from the government.

Consortium says delays in Penang infrastructure project not its doing.

Overall, prices have risen in 44 of the 55 countries tracked by Knight Frank over the past year, resulting a weighted average rate of 5.3% across the Global House Price Index, the highest rate for two years, according to Knight Frank.

Penang Gerakan Youth today asked the Penang state government to clearly state the number of pre-war houses in the heritage zone that have been bought by foreigners.

The luxury hotel has 430 rooms with a gross floor area of 85 000 m sq, including the basement parking which has space for some 400 car park bays.

Marriott International said it has finalised a management agreement with IB Tower Sdn Bhd where Element Kuala Lumpur is located within the 275m Ilham Tower, making it the highest hotel in Malaysia.