With key projects under the Economic Transformation Programme (ETP) showing progress, areas once considered too far away from the Kuala Lumpur city centre or of little investment potential are expected to boom in the near future.Locations with mass rapid transit (MRT) stations along the Sungai Buloh-Kajang (SBK) MRT line such as Kajang, Kota Damansara and Cheras have already gained interest fro
KUALA LUMPUR:Tune Hotels' maiden Indian property in Ahmedabad, Gujarat, has opened its doors, with guests enjoying new hospitality standards from the award-winning international hotel chain.
The 100-room Tune Hotel Ahmedabad received its first group of guests yesterday, many of whom took advantage of its pre-opening promotional room rates that ranged from 599 Indian rupees (US$11).
KUALA LUMPUR: Sime Darby Bhd's indirect subsidiaries, Sime Darby Ara Damansara Development Bhd and Sime Darby Brunsfield Holding Sdn Bhd, have signed an agreement with Brunsfield Oasis Tower Sdn Bhd for the sale of Block H, Oasis Square, in Ara Damansara, Petaling Jaya, for RM124.5 million.
HONG KONG: A growing number of Hong Kong property investors are shifting their investment focus offshore - prompting local brokers to widen their sales' lists in order to capture commissions on deals taking place overseas.
HONG KONG: Secondary home sales in Hong Kong climbed significantly last week after the introduction of a new law on the marketing of primary projects led to a decline in the supply of new flats.
HONG KONG: International occupiers have shifted their focus from the mainland to the Asean office markets, lured by better economic growth and lower costs, according to property consultant DTZ.
On the other hand, demand growth for office space slowed in the mainland amid concerns over slower economic growth, the property consultant said.
HONG KONG: Residential rents are tumbling as a growing number of home owners balk at falling house prices and choose to lease their flats rather than sell.
KUALA LUMPUR: Rahim & Co Chartered Surveyors and Savills Rahim & Co received awards for Best Property Consultancy and Real Estate Agency for Malaysia at the Asia Pacific Property Awards on May 10 here.
KLANG: WCT Bhd, which is confident of clinching RM1.5 billion in new contracts this year, has so far secured jobs worth RM500 million from about RM5 billion worth of tenders submitted.
KUALA LUMPUR: Analysts are optimistic on IOI Corp Bhd’s proposal to demerge its property business to create a listed entity with an expected market capitalisation of RM15 billion. The majority of research houses maintain “neutral” on IOI Corp.
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