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I-Bhd to develop i-City Technopreneur Campus

KUALA LUMPUR: I-Bhd's wholly-owned subsidiary I-City (Selangor) Sdn Bhd has entered into a management and development agreement with the Selangor government and Majlis Bandaraya Shah Alam (MBSA) for the development of the i-City area as Technopreneur Campus.

08 July, 2011
George Kent confirms bid for Ampang LRT extension job

PUCHONG: George Kent (Malaysia) Bhd has confirmed that it is bidding for the Ampang Light Rail Transit (LRT) extension line project, which is among the various government jobs the engineering company is tendering for.

08 July, 2011
BNM maintains OPR, raises SRR

KUALA LUMPUR: Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 3%, but hinted in its monetary policy statement on Thursday, July 7 that it could initiate further monetary tightening to keep inflation in check while sustaining economic growth.

08 July, 2011
Magna Prima to offer homes in Australia

KUALA LUMPUR: Magna Prima Bhd plans to offer units from Australian residential development Dynasty Living to Malaysian buyers beginning 3Q11. Lawrence Lee Yek Hui, executive director of Magna Prima, said the development in Melbourne is a 25-storey block with 320 apartment units, with sizes ranging from 403sq ft to 4,458sq ft.

08 July, 2011
Penang’s Rice Miller City Residences launching today

KUALA LUMPUR: Asian Global Business Sdn Bhd (AGB) launches The Rice Miller City Residences today, after some delay due to reconfiguration of plans following Penang’s World Heritage listing in 2008.The initial plan was to build a 13-storey building but the height has been reduced to five storeys to comply with new regulations, including height restrictions in line with Penang’s Unesco World Heri

08 July, 2011
London rents beat inflation, rise to new highs

KUALA LUMPUR: Prime London rents have been rising above inflation rates for at least the past 18 months, according to the latest research from Savills.Jane Ingram, Savills’ head of lettings, said: “After several years of steady, if unexciting growth, the Prime Central London market has experienced its most dramatic quarterly improvement for some years.

08 July, 2011
London rents rise to beat inflation

LONDON: All areas of Prime London rents have been rising above inflation rates for at least the past 18 months, according to the latest research from Savills.

07 July, 2011