Fix the economy to address office and retail spaces oversupply, urges MIPFM
KUALA LUMPUR (Sept 27): The Malaysian Institute of Property and Facility Managers (MIPFM) president Sarkunan Subramaniam said instead of putting a halt on new retail and office developments, the government should bring the country’s economy back on the right track to address the space glut.
Sunway, NEC sign MoU to develop smart city solutions in Sunway Iskandar
KUALA LUMPUR (Sept 25): Sunway Iskandar and NEC Asia Pacific Pte Ltd have signed a memorandum of understanding (MoU) to explore a collaboration which aims to augment safety and security for the 1,800-acre Sunway Iskandar township in Johor.
United Plantations buys agricultural land in Perak for RM414m
KUALA LUMPUR (Sept 21): United Plantations Bhd is acquiring seven pieces of agricultural land totalling 8,999.
Committee to zero in on Cameron Highlands’ traffic problem
KUALA LUMPUR (Sept 18): “The HILLS are alive… with the Sound of………” TRAFFIC? Fear not, folks, according to a report in The Sun daily, an interim committee has been created to tackle the issue of traffic congestion in Cameron Highlands (pictured) during the holiday seasons.
Knight Frank: KL office rental market may worsen
KUALA LUMPUR (Sept 13): Kuala Lumpur’s office rental market has recorded the steepest decline in the Asia Pacific region in 2Q2018, according to Knight Frank’s Asia-Pacific Prime Office Rental Index for 2Q2018.
Forest City has seen “significant increase” in S'porean, M'sian buyers
PETALING JAYA (Sept 12): There is a significant increase in Singaporean and Malaysian buyers of Forest City units thanks to marketing efforts in its sales galleries within both countries, said Country Garden Pacificview Sdn Bhd (CGPV) in a press statement today.
Motor insurers welcome ‘safe driver discount’
KUALA LUMPUR (September 12): Motor insurance and takaful players have welcomed the government’s intention to design a rewarding system to incentivise prudent drivers.
Flooding in Penang causes traffic snarl
KUALA LUMPUR (Sept 7): Rains may be welcomed during this hot spell but a heavy shower in the Pearl of the Orient this morning resulted in traffic jams.
Zuraida: Looking into reduced Forest City foreign ownership
PETALING JAYA (September 6): The government is looking into the feasibility of reducing the percentage of foreign ownership in Johor's Forest City project, said Housing And Local Government Minister Zuraida Kamaruddin.