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Rockefeller firm plans US$2.5b Vietnam project

SINGAPORE/HANOI: Rose Rock Group, a Rockefeller family-backed alternative investment management firm, will help develop a US$2.5 billion (RM8.1 billion) residential and hotel project on the south central coast of Vietnam.

Delay in RM1m floor price

KUALA LUMPUR: The government’s ruling to increase the floor price for foreigners’ purchases of properties in Malaysia to RM1 million from RM500,000 by Jan 1 has yet to be implemented.

MCT’s RM1.2b price tag raises eyebrows

PETALING JAYA: The RM1.21 billion valuation of MCT Consortium Bhd in its proposed reverse takeover (RTO) of PN17 outfit GW Plastics Holdings Bhd has raised eyebrows.

Retailers rush to expand in Kota Kinabalu

KUALA LUMPUR: Retailers are rushing to expand their presence in Kota Kinabalu as the retail sector in Sabah’s capital is set to grow 5% to 10% in the next few years.

Knight Frank to hold real estate seminar on Jan 18

KUALA LUMPUR: Moving into 2014, residential and commercial property consultant, Knight Frank Malaysia, will welcome the new year with a seminar on real estate titled, Where to Invest: 2014?.The event will feature both local and international property and tax experts as well as discuss the local and international property trends of 2014, how the Malaysian property market is affected post budget

Jaya Shopping Centre achieves 80% occupancy rate

PETALING JAYA: The new Jaya Shopping Centre in Section 14, Petaling Jaya, has achieved an occupancy rate of 80% demonstrating confidence ahead of its anticipated opening in March.