Selangor tells illegal factories to legalise within a year

Sep 24

KLANG: Unlicensed factories in Selangor have one year to legalise operations, starting Oct 1, failing which the land will be seized by the District Land Office.

China’s CPCG leads consortium to invest RM3b in Terengganu

Sep 24

KUALA LUMPUR (Sept 24): Chinese integrated construction company Pacific Construction Group Ltd (CPCG) is leading a consortium of investors to invest some RM3 billion in Terengganu for, among others, an industrial park, a free trade zone and affordable housing.

InvestKL: Influx of MNCs will ensure office rental market remains competitive

Sep 19

KUALA LUMPUR (Sept 19): The increasing number of multinational companies (MNCs) in Malaysia will have a multiplier effect on Kuala Lumpur’s market, especially the local office rental segment, said InvestKL acting CEO Muhammad Azmi Zulkifli.

Impiana Hotels sells Cherating properties

Sep 12

PETALING JAYA: Impiana Hotels Bhd is selling 146 units of serviced suites in Cherating, Kuantan to Silver Max Asia Pacific Labuan Ltd for RM146 million.

Challenging outlook for office sector, KL City rents under pressure

Sep 04

PETALING JAYA (Sept 4): Office rents in Kuala Lumpur city centre (KL City) saw a marginal decline of 0.

Jalan Pudu blaze causes traffic congestion

Aug 29

PETALING JAYA (Aug 29): A fire on Jalan Pudu in Kuala Lumpur has caused a traffic jam in the surrounding area.

Synergy Promenade's suit against Felda to be heard on Oct 17

Aug 08

KUALA LUMPUR (Aug 8): Synergy Promenade Sdn Bhd's suit against the Federal Land Development Authority (Felda) and its investment arm, Felda Investment Corp Sdn Bhd (FIC), as well as the Land and Mines Office Wilayah Persekutuan Kuala Lumpur (PTG WPKL) relating to the Kuala Lumpur Vertical City project will be heard in the High Court on Oct 17.

Supply-demand imbalance to impose challenges for office market in KL, says property consultant

Jul 18

KUALA LUMPUR (July 18): Escalating supply and slowing occupiers demand for office space are expected to impose challenges for the office market in Kuala Lumpur for the next few years, according to Nawawi Tie Leung Property Consultants (NTLP).