Australian served RM98.3m legal demand by Malaysian “political operative” over failed property deals
PETALING JAYA (March 8): A former Australian civil servant has received a letter of demand for over A$20 million (RM60.
Third-tier shopping mall performance may worsen, says REIT manager investment head
PETALING JAYA (March 8): Axis REIT Managers Bhd head of investment Siva Shanker expects the performance of third-tier shopping malls to worsen, with these spaces eventually becoming store rooms for e-commerce businesses, if they do not stay relevant.
JAKS’ letter not a notice of arbitration, says Star
KUALA LUMPUR (March 8): Star Media Group Bhd has dismissed a letter from JAKS Resources Bhd as being a notice of arbitration.
Platinum Victory’s PV18 Residence 50% taken-up
KUALA LUMPUR (March 8): Platinum Victory Development Sdn Bhd’s PV18 Residence has registered a 50% take-up rate since its weekend launch held on March 3.
Property cooling measures to continue despite less speculative demand, says economist
PETALING JAYA (March 8): Professor of economics at Sunway University Business School Dr Yeah Kim Leng expects real estate cooling measures to continue despite speculative demand evaporating, as affordability is still a concern.
Melaka proposes to rate fire safety standards of commercial buildings
PETALING JAYA (March 8): Melaka housing, local government and environment committee chairman Datuk Wira Ismail Othman has proposed for commercial buildings in the state be given a star-based fire safety rating system, The Star Online reported yesterday.
JAKS edges higher on agreeing to complete Tower A
KUALA LUMPUR (March 8): JAKS Resources Bhd gained 0.
JAKS agrees to complete Tower A by June 30
KUALA LUMPUR (March 8): JAKS Resources Bhd (pictured) has agreed to complete Tower A of the Pacific Star project in Petaling Jaya by June 30 as demanded by Star Media Group Bhd.
‘Companies should tap soft market to relocate and retain talent’
KUALA LUMPUR (March 7): The current soft office market in Greater KL offers companies an opportunity relocate to better locations in order to retain talent, said training, recruitment and consultancy firm Smart Trends International Sdn Bhd chief operating officer Mahes Balakrisnan.
JLL Malaysia: Fortunes diverge for Greater KL office segments in 2018
KUALA LUMPUR (March 7): The KL central business district (CBD), KL fringe and decentralised areas within the Greater Kuala Lumpur office market are expected to perform differently this year, as various factors drive demand for certain locations more than others, according to JLL Property Services (Malaysia) Sdn Bhd international real estate agent James Short.
