Melawati Mall aims for 90% occupancy by year-end
KUALA LUMPUR (July 26): Melawati Mall, which is jointly developed by CapitaLand and Sime Darby Property Bhd, targets an occupancy rate of 90% for the one-year old mall by the end of this year.
Tolls still not abolished, says Noh Omar
SHAH ALAM (July 26): Pakatan Harapan (PH) has failed to live up to the promises it made in its manifesto, said Umno supreme council member Tan Sri Noh Omar today.
DONE DEAL: Twin Arkz Condominium, Bukit Jalil, KL
Sold for: RM950,000 (RM811 psf) Concluded by: Carmen Lee (REN 17144, +6019-374 1557) and Jess Kan (REN 23339, +6016 520 7738) from PropNex Realty Sdn Bhd When: March 2018 Noteworthy: ● 1,170 sq ft ● 3 bedrooms and 2 bathrooms ● high floor ● comes with built-in wardrobe and kitchen cabinet Twin Arkz Condominium (pictured) is one of the latest luxury low-density, high-rise homes in Bukit Jalil, Kuala Lumpur.
KL city centre's tight leasing market pushing owners to short-term rentals
PETALING JAYA (July 26): As residential property leasing market becomes challenging in the Kuala Lumpur city centre due to oversupply, Knight Frank Malaysia observed more owners turning to short-term leasing for higher yield in 1H18.
CapitaLand 2Q NPI down 10.8% y-o-y to RM53.4m, declares 2 sen DPU
KUALA LUMPUR (July 26): CapitaLand Malaysia Mall REIT Management Sdn Bhd (CMRM), the manager of CapitaLand Malaysia Mall Trust (CMMT), announced today that CMMT achieved net property income (NPI) of RM53.
Khairy worried GLCs will be broken up after Khazanah board offers to resign
KUALA LUMPUR (July 26): Khairy Jamaluddin has expressed his concern that government-linked companies (GLCs) will be broken up and flogged off.
Khazanah’s Azman Mokhtar and board of directors resign
KUALA LUMPUR (July 26): Khazanah Nasional Bhd's entire board, including its managing director Tan Sri Azman Mokhtar, had agreed to resign.
JAKS's latest injunction application against Star to be heard on Friday
KUALA LUMPUR (July 25): Star Media Group Bhd today confirmed that it has been served with a fresh Erinford injunction by JAKS Resources Bhd.
Singapore-Malaysia diplomatic ties expected to decline, says research house
KUALA LUMPUR (July 25) — While Malaysia's diplomatic ties with neighbouring Singapore are expected to decline, trade will not be affected, said BMI Research.
JAKS files injunction in Court of Appeal to halt RM50m payment to Star
KUALA LUMPUR (July 25): JAKS Resources Bhd filed a fresh injunction in the Court of Appeal today to restrain two banks from releasing a RM50 million guarantee to Star Media Group Bhd.
