News about IT

NUSAJAYA (May 22): The groundbreaking ceremony for UMCity Medini Lakeside was held in Medini Iskandar yesterday.

PETALING JAYA (May 22): If you must decide between buying a smaller unit in the heart of Kuala Lumpur or a more spacious home away from the city centre, what would be your choice? This was the question posed to a group of prospective property investors aged between 25 and 35 years.

KUALA LUMPUR (May 20): Builder-cum-property developer WCT Holdings Bhd, which had earlier planned to set up a RM2 billion real estate investment trust (REIT) this year, may postpone the exercise until 2016.

Sunway Bhd (May 12, RM3.

KUALA LUMPUR (May 12): Trinity Group today launched its RM300 million water-themed condominium project, Trinity Aquata @ KL South.

MELBOURNE (May 12): Standing at 18 storeys high, Fawkner Centre on the premier boulevard of 499 St Kilda Road in Melbourne, Victoria, will undergo a transformation from October to change its purpose from commercial to residential following the recent acquisition by real estate investment manager Qualitas.

KUALA LUMPUR (May 11): MCT Bhd plans to form a real estate investment trust (REIT) at the earliest by 2020.

KUANTAN (May 7): The newly rebranded and refurbished East Coast Mall was unveiled yesterday after a RM60 million asset enhancement initiative to expand its net lettable area to 485,396 sq ft.

NEW YORK (May 7): Real estate investment and property developer HFZ Capital Group has launched a 25-storey luxury condominium project comprising 252 units in New York called Fifty Third and Eighth.

•    Today, we continue our focus on Mont’Kiara by looking at price trends and rent for projects in the area.