Malls must stay relevant to thrive
ANYOUNG Haseyo! South Korea – read Korean dramas, K-pop and of course PSY’s galloping Gangnam Style – have undoubtedly touched the lives of many a Malaysian.
RM3b development central to EcoFirst’s turnaround efforts
KUALA LUMPUR (May 30): EcoFirst Consolidated Bhd is marking the start of its expansionary phase, after over five years of restructuring efforts, with the launch of the first phase of its RM3 billion gross development value (GDV) Ampang Ukay development targeted for next month.
DONE DEAL: 2½-storey bungalow at Tijani Ukay, Ukay Perdana, Ampang
Rented for: RM8,000 Concluded by: Matt Tian of Reapfield Properties Sdn Bhd (016-208 5108) When: March 2016 Noteworthy: • Leasehold • Built-up: 3,778 sq ft • Land size: 3,821 sq ft • 6 rooms and 6 bathrooms • Leased for two years • Partially furnished with built-in wardrobes, cabinets with appliances for dry and wet kitchens, curtains, fans and air-conditioners The tenancy was concluded by Reapfield Properties Sdn Bhd negotiator Matt Tian.
Mah Sing's 1Q profit comes in at RM95m as M City, Icon City near completion
KUALA LUMPUR (May 26): Premier lifestyle developer Mah Sing Group Bhd posted a net profit of RM95.
IGB Corp in talks to sell Renaissance KL
ESTABLISHED property company and hotelier, IGB Corp Bhd, is believed to be in talks to dispose of its 20-year-old, 910-room Renaissance Kuala Lumpur hotel to a little-known Singapore company for just below RM800 million.
Mah Sing’s M City final block will be handed over by 4Q2016
PETALING JAYA (May 13): Mah Sing Group’s M City at Jalan Ampang, Kuala Lumpur, will see its final block heading for delivery of Vacant Possession (VP) by 4Q2016, said the developer.
Mah Sing showcases five projects in Mapex 2016
PETALING JAYA (May 12): Mah Sing Group (Mah Sing) will shine the spotlight on five of its projects at the 2016 Mapex Property Showcase which started yesterday and ends this Sunday at the 1 Utama Shopping Centre, the developer said in a press release today.
First Oakwood hospitality property in Malaysia to open in 3Q2016
KUALA LUMPUR (May 9): Malaysia’s first Oakwood hotel and serviced apartments – formerly the Nomad SuCasa Hotel – is scheduled to open in September this year, said property owner Plenitude Bhd.
Urbane living
AMPANG Jaya is one of the older suburbs in Kuala Lumpur that has been able to retain its idyllic verdant surroundings.
HK’s Nan Fung puts KL land up for sale
HONG KONG-based Nan Fung Group plans to dispose of several parcels of land in Kuala Lumpur measuring a total of 33 acres for an estimated RM700 million, sources say.
