KLCC Property 1Q profit down 3.3% amid tenant transition
KUALA LUMPUR (May 22): KLCC Property Holdings Bhd (KLCCP) closed its first financial quarter ended March 31, 2017 (1QFY17) with lower net profit of RM176.
CIDB acts against contractor for site safety negligence
PETALING JAYA (May 22): Construction Industry Development Board of Malaysia (CIDB) has taken legal action against the main contractor of KL Eco City development in Bangsar, Kuala Lumpur, for safety negligence in the collapse of a link bridge that caused the death of a site worker.
Longhouse residents in the dark about proposed serviced apartments at Taman Rimba Kiara
KUALA LUMPUR (May 21): The residents currently residing in the longhouses near Taman Rimba Kiara at Taman Tun Dr Ismail who will be the recipients of the proposed affordable homes to be developed with eight other serviced apartment blocks in Taman Rimba Kiara seem to have no idea that the latter will be built.
Bandar Bukit Raja — Breathing new life into Northern Klang
Mention the name Klang and the mind instantly conjures the image of a major shipping hub, a vibrant community offering a smorgasbord of local delicacies.
Binastra Land aims to launch CitiZen 2 by 3Q2017
PETALING JAYA (May 20): Binastra Land Sdn Bhd plans to launch CitiZen 2 in third quarter of this year.
DONE DEAL: Studio unit in Marc Residence, Jalan Pinang, KLCC
Sold for: RM850,000 (RM1,797 psf) Concluded by: Chris Lee (REN 11554) of Prestige Realty Sdn Bhd (010-899 8303) When: March 2017 Noteworthy: ● Freehold ● 473 sq ft ● Partly furnished ● High-floor unit with open view ● Concierge service and facilities such as two swimming pools, wading pool, library, launderette, convenience store, tennis court ● Walking distance to KLCC Park and Suria KLCC Located along Jalan Pinang in Kuala Lumpur city centre, Marc Residence is a high-end condominium development by Beverly Tower Development Sdn Bhd.
UEM Sunrise expects lower sales of RM1.2 bil this year
KUALA LUMPUR (May 18): Property developer UEM Sunrise Bhd is expecting to secure lower sales of RM1.
Inta Bina IPO’s public portion oversubscribed by 42.74 times
KUALA LUMPUR (May 18): Inta Bina Group Bhd, en route to be listed on the ACE Market of Bursa Malaysia on May 25, saw the public portion of its initial public offering (IPO) oversubscribed by 42.
MRCB falls 6.9% on proposing rights issue
KUALA LUMPUR (May 18): Malaysian Resources Corp Bhd (MRCB) fell 6.
Najib: TRX, Bandar Malaysia to announce RFP soon
KUALA LUMPUR (May 17): TRX City Sdn Bhd and Bandar Malaysia Sdn Bhd will soon announce the request for proposal (RFP) process, inviting expressions of interest for the role of master developer of Bandar Malaysia, Bernama reported Prime Minister Datuk Seri Najib Tun Razak saying today.
