New transportation infrastructure to boost value of shophouses

  KUALA LUMPUR (April 30): New transportation infrastructure such as the mass rapid transit (MRT) and light rail transit (LRT) will enhance the investibility of shophouses, said Savills Malaysia managing director Allan Soo (pictured,below) at The Edge Real Estate Investment Forum 2016 (REIF 2016) today.

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RM7b Pavilion Damansara project to start in 2Q2016

THE two-phase Pavilion Damansara Heights mixed-use development in Kuala Lumpur, being undertaken by Tan Sri Desmond Lim Siew Choon in partnership with the Canada Pension Plan Investment Board (CPPIB), will have a gross development value of RM7 billion, sources familiar with the project say.

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