Klang Valley real estate hotspots for 2017
It’s the New Year and while 2017 isn’t expected to be any different from the rather “meh” 2016, it should not be all gloom and doom.
CapitaLand in alleged lease dispute with UK art gallery
SINGAPORE (Jan 4): Franses Gallery, a London-based UK art gallery, says it is currently in the midst of a “bitter [court] dispute” with CapitaLand over a new 15-year lease of purpose-built premises within the Singapore-listed property developer’s Ascott-branded Cavendish Hotel.
OCR Land’s Flexus Signature Suites @ Jalan Kuching slated for completion in 2Q2017
PETALING JAYA (Dec 5): OCR Land Holdings Sdn Bhd’s Flexus Signature Suites project will be completed in the second quarter of 2017, as it enters its final stage of development marked with a “topping-up” ceremony today.
Detailed probe on pedestrian bridge collapse, says CIDB
KUALA LUMPUR (Dec 2): The Construction Industry Development Board (CIDB) will carry out a thorough investigation into the collapsed pedestrian bridge near the Abdullah Hukum Apartment in Jalan Bangsar here on Wednesday, Bernama reported today.
UPDATE S P Setia confirms one dead due to pedestrian link collapse
KUALA LUMPUR (Nov 30): Developer S P Setia Bhd has confirmed that one worker has died due to the collapse of a pedestrian link under construction at its project development site in Abdullah Hukum, near Mid Valley City here.
Under-construction pedestrian bridge near Mid Valley mall collapses, at least one dead, nine injured
KUALA LUMPUR (Nov 30): At least one person is dead and nine injured when a pedestrian bridge under construction collapsed near Jalan Kampung Haji Abdullah Hukum, according to reports from the daily New Straits Times.
IOI Properties subsidiary wins land tender in Singapore
IOI Properties Group Bhd (Nov 14, RM2.
Malaysia may see investment from prominent China developer
BEIJING (Nov 3): Malaysia has attracted growing investment interest from major China companies, among which is the giant real estate developer, China Fortune Land Development Co Ltd (CFLD), Bernama reported today.
Pavilion REIT's 3Q NPI rises 11%, helped by rental income from 2 new malls
KUALA LUMPUR (Oct 27): Pavilion Real Estate Investment Trust (Pavilion REIT) saw a 11% rise in net property income (NPI) to RM80.
CapitaLand raises S$2 bil to establish third Raffles City China private equity vehicle
SINGAPORE (Oct 25): CapitaLand has announced the establishment of its third integrated development private investment vehicle in China, Raffles City China Investment Partners III (RCCIP III) — which fully closed at US$1.
