Latest

Ho Hup calls truce with Malton

PETALING JAYA (July 4): Ho Hup Construction Co Bhd has finally called for a truce with Malton Bhd on a two year dispute over a piece of land in Bukit Jalil.

Qatar Holding, Jerantas to build RM2b Harrods Hotel in KL

KUALA LUMPUR (July 4): Qatar Holding LLC, which owns the world-class luxury brand Harrods, and property developer Jerantas Sdn Bhd will jointly invest RM2 billion to build a Harrods Hotel here.

The 250-300 room hotel, to be located opposite the Pavilion shopping complex in Jalan Bukit Bintang, will be the first such luxury hotel to be built in Asia.

E&O to operate serviced residences in KL

KUALA LUMPUR (July 3): Eastern & Oriental Bhd (E&O) has been selected by the Synod of the Diocese of West Malaysia (the Synod) — through an international tender process conducted by property consultants DTZ Nawawi Tie Leung — to operate one tower of serviced residences sited within the St Mary Residences development in the central business district of Kuala Lumpur.

PKNS takes longer route to REIT

SHAH ALAM (July 3): The Selangor State Development Corp (PKNS) is taking the longer route to set up a real estate investment trust (REIT) to unlock the value of its prime assets.

Calls for quotas on affordable homes

KUALA LUMPUR (July 3): State governments should impose quotas for affordable housing on property developers, said Minister of Housing and Local Government Datuk Seri Chor Chee Heung in his keynote speech at the Third Annual Affordable Housing Projects conference on Monday.

#Update* E&O to operate serviced residences in KL

KUALA LUMPUR (July 3): Eastern & Oriental Bhd (E&O) has been selected by the Synod of the Diocese of West Malaysia (the Synod) — through an international tender process conducted by property consultants DTZ Nawawi Tie Leung — to operate one tower of serviced residences sited within the St Mary Residences development in the central business district of Kuala Lumpur.The serviced residence

TSR Capital optimistic of winning more MRT jobs

KUALA LUMPUR (July 2): TSR Capital Bhd’s wholly owned construction arm, TSR Bina Sdn Bhd, is optimistic that it would win two mass rapid transit (MRT) packages for the construction of multi-storey car park and maintenance of depots.

REIT boom on Bursa Malaysia

KUALA LUMPUR (July 2): The real estate investment trusts (REITs) listed on Bursa Malaysia have a total market capitalisation of RM17.82 billion, and this figure could easily double within a year.