Staying in Kuala Lumpur or Petaling Jaya during the Chinese New Year? They say it’s the best time to be in the city — the only traffic you will encounter is of the human kind, in the many malls in the Klang Valley.
SEPANG (Feb 8): The Mitsui Outlet Park (MOP) KLIA in Sepang is expected to garner sales revenue of 17 billion yen (RM610 million) when the premium outlet mall is completely developed by 2021, MFMA Development Sdn Bhd Director Tatsuro Irino told Bernama today.
PETALING JAYA (Feb 7): JLL Property Services (Malaysia) Sdn Bhd expects gross rents of Kuala Lumpur’s CBD offices to stabilise by the end of this year as more major new buildings come onstream, despite higher projected vacancies.
KUALA LUMPUR (Feb 8): Felda (Federal Land Development Authority) has been instructed by the Prime Minister’s Department to take disciplinary and legal action against those who have been negligent about the agency’s interests.
KUALA LUMPUR (7 Feb): Benalec Holdings Bhd has declined to sell 12 plots of land owned by its wholly-owned units in Pekan Klebang, Melaka Tengah, Melaka, to engineering solutions provider Spring Gallery Bhd for about RM186.
PETALING JAYA (Feb 6): More tech and fast moving consumer goods (FMCG) companies are leasing more spaces in both the central business district and decentralised locations in Greater KL, said JLL managing director and country head and Malaysian Institute of Estate Agents (MIEA) member YY Lau.
PETALING JAYA (Feb 6): The Kuala Lumpur High Court has dismissed the stay application filed by the Taman Desa residents to stop a high-rise residential development named The Address in Taman Desa pending a judicial review.
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