AS connectivity and infrastructure improve and the rental gap between Kuala Lumpur’s central business district (CBD) and city fringe narrows, more companies may move into or relocate to the CBD.
KUALA LUMPUR (Jan 27): Prestariang Bhd has proposed to acquire eight properties at Star Corporate Park, Star [email protected] for RM25.
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.
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.
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.
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.
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.