Boustead Properties optimistic about its commercial assets

KUALA LUMPUR (May 24): Boustead Properties Bhd, the property arm of diversified Boustead Holdings Bhd, remains optimistic about its commercial performance and retail portfolio this year as the occupancy rate of its commercial assets is currently above 90% compared with the average occupancy rate of similar grade buildings within similar locations.

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eCurve closed for redevelopment

PETALING JAYA (April 2): Shopping centre eCurve has been temporarily closed, following a “Lights Off” ceremony on March 31 (pictured), to pave way for a new redevelopment plan.

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183 Ampang up for sale

TWO prominent businessmen are looking at divesting 183 Ampang, a six-year-old residential project located close to two major roads in Kuala Lumpur — Jalan Ampang and Jalan Tun Razak — possibly for as much as RM2,400 psf or RM317 million.

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