JLL Malaysia: KL CBD office rent may drop by up to 10%
KUALA LUMPUR (Jan 19): Real estate services provider JLL Malaysia foresees a drop of up to 10% in Kuala Lumpur prime area office rentals before the market recovers.
Gamuda 1Q earnings flat at RM162 mil as revenue dips on completion of MRT1 work
KUALA LUMPUR (Dec 16): Engineering, construction and infrastructure player Gamuda Bhd's net profit came in largely flat in its first quarter with a slight dip in revenue as construction works for the MRT1 or MRT Line 1 tapers off.
MQREIT: No plans to go into property development yet
KUALA LUMPUR (Dec 8): MRCB Quill Management Sdn Bhd, the manager of MRCB-Quill Real Estate Investment Trust (MQREIT), says it has no plans to embark on property development activities as yet, despite the proposed liberalisation of the REIT guidelines by the Securities Commission Malaysia (SC) in July.
EPF may terminate option to buy Quill City Mall
The Employees Provident Fund (EPF) may abort the planned purchase of the 1.
Quill 6 close to being sold, will not be injected into MQREIT
QUILL 6, a 24-storey office building on Lebuh Ampang, Kuala Lumpur — where HSBC Bank Malaysia Bhd has its headquarters — will not be injected into MRCB-Quill Real Estate Investment Trust (MQREIT) as its owner, the Quill Group of Companies, is seeking buyers for the property, according to sources.
Kenwingston creating synergy between its divisions
CONSTRUCTION and property development company Kenwingston Sdn Bhd may be relatively young — it was incorporated in 2010 by a group of property professionals — but its aggressive strategy saw it grow by leaps and bounds in recent years.
MRT and redevelopment to drive Cheras, Kajang and Semenyih growth
KUALA LUMPUR (Sept 24): Cheras is typically seen as an “old” area and not as exciting as Kuala Lumpur City Centre or Petaling Jaya (PJ), however, several key growth catalysts are about to change that perception.
Gadang Land to launch second phase of Laman View in Cyberjaya
UNPERTURBED by the soft property market, Gadang Land Sdn Bhd is forging ahead with the launch of the second phase of its 121-acre mixed-use development, Laman View, in Cyberjaya by the end of this month.
Najib: MRT Sungai Buloh-Kajang line to be completed as scheduled at no extra cost
KUALA LUMPUR (Sept 15): The MRT Sungai Buloh-Kajang (SBK) line will be completed on time with no additional cost to be incurred, Prime Minister Datuk Seri Najib Tun Razak (pictured) said today, Bernama reported.
Frasers Centrepoint to open serviced residence in Putrajaya in 2019
SINGAPORE (Sept 2): Frasers Centrepoint Limited on Thursday announced that its hospitality arm, Frasers Hospitality Group, will open a 253-unit serviced residence in Putrajaya in 2019.
