Call for freeze on new malls in KL and Selangor

MALL owners and operators are urging the local authorities in Selangor and Kuala Lumpur to impose a two-year freeze on new applications to build shopping centres as a way to overcome the current oversupply of retail space.

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OCBC Building sold for RM21 million

PETALING JAYA (July 8): The iconic “OCBC Building” located at Jalan Hang Kasturi was sold last year in July to building management services company Shen & Sons Sdn Bhd for RM921 psf — translating into RM21 million — JLL Malaysia country head, YY Lau told TheEdgeProperty.

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63,000 still waiting for PPR, PA houses: DBKL

KUALA LUMPUR (April 19): There are about 63,000 people on the waiting list for People's Housing (PPR) and Public Housing (PA) houses, said Kuala Lumpur City Hall (DBKL) director (Housing Management and Community Development), Wan Mohd Ghazali Nor, Bernama reported today .

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SkyWorld aims high

KUALA LUMPUR (Nov 7): SkyWorld Development Sdn Bhd may be new in the local property market, but it has set an ambitious target -- it wants to be one of the top 10 property developers in the country within the next five years.

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