The proposed RM36 million Mass Rapid Transit (MRT) project in the Klang Valley and Greater Kuala Lumpur is expected to boost property values in the areas it will serve upon completion in 2018, as well as increase accessibility.

Hotwer Development Sdn Bhd’s maiden project, The Boss Service Suites in Klang, is only part of a bigger business plan, one that goes beyond the bricks-and-mortar aspects of the development.

Rejuvenating Jalan Cochrane

KUALA LUMPUR: Should the Build-Then-Sell (BTS) method be made compulsory in Malaysia, the country can expect to see a reduction in housing supply and impact prices in the near term, according to members of a panel discussion on the topic "Build-then-sell: the impact on property prices" at The Edge Investment Forum on Real Estate 2011 on Saturday, April 9.

KUALA LUMPUR: Investors should aim to sell their shop office investments about three years after the handover from developer to maximise their earnings, Reapfield Properties Sdn Bhd senior vice-president Gerard Kho said.

KUALA LUMPUR: Immediate areas surrounding the interchanges between the upcoming mass rapid transit (MRT) stations are poised for better growth compared with other transit stations, said cartographer Ho Chin Soon.

According to Ho, there were three sites tipped as the MRT-to-MRT intersections.

KUALA LUMPUR: The Malaysian property market especially the Klang Valley market is in for a “soft landing” as property prices plateau in the next three to four years. Christopher Boyd, executive chairman of CB Richard Ellis (Malaysia) shared this with an attentive audience at The Edge Investment Forum on Real Estate 2011, on Saturday, April 9.

Full house at the forum - photo by Abdul Ghani Ismail/TheEdge

KUALA LUMPUR: IOI Corporation Bhd (IOI) together with its wholly-owned subsidiary, IOI Consolidated (Singapore) Pte Ltd (IOI Consolidated) has acquired 49.9% equity interest in Scottsdale Properties Pte Ltd (Scottsdale) for about S$115 million.

KUALA LUMPUR: Parkson Holdings Bhd (PHB) is planning a collaboration with Indonesia based PT Mitra Samaya (MS) for the expansion of departmental stores and supermarkets in Indonesia.