Sunway REIT acquires industrial asset for RM91.5 mil
Sunway Real Estate Investment Trust (Jan 12, RM1.
Trinity Aquata to be completed by mid-2019
PETALING JAYA (Jan 9): Boutique developer Trinity Group Sdn Bhd’s RM370 million gross development value (GDV) Trinity Aquata condominium project, which is located in KL South, is slated to be completed by mid-2019, according to the company founder and managing director Datuk Neoh Soo Keat.
Putrajaya Ventures seeks partners for RM5 bil Ampang project
PUTRAJAYA Ventures Sdn Bhd (PVSB), a unit of Petroliam Nasional Bhd (Petronas), is in talks with potential partners to participate in the planned development of the former French Embassy site in Jalan Ampang.
Horizon Village Outlets to open in mid-2018
PETALING JAYA (Jan 7): Horizon Village Outlets (HVO) is set to open in mid-2018 with confirmed tenants and brands such as Giuseppe Zanotti Design, Tumi, Swiss Watch Gallery, La Martina and Kate Space New York, said Horizon Group managing director of international business, David Nelson in an interview with City and Country.
Bandar Malaysia construction jobs could hit RM50 bil
Construction sector Maintain overweight: We met the promoters of Bandar Malaysia to get a better sense of the prospects of the much-talked about Bandar Malaysia.
DONE DEAL: Park Seven condominium, KLCC
Sold for: RM2,450,000 (RM875 psf) Concluded by: Daniel Wong (REN 01967) of Sang Associates (013-3868108) When: August 2016 Noteworthy: ● Freehold ● 2,800 sq ft ● Developed by Selangor Dredging Bhd ● Completed in March 2008 ● 7 blocks of 20 storeys ● 105 units in each block ● Private lift and private lobby ● Unit has a view of Royal Selangor Golf Club and the greenery of Jalan Stonor ● Two car parks ● Maintenance fee is 48 sen psf According to the agent, Daniel Wong of Sang Associates, the selling price of this unit was slightly below market price owing to the slow market.
M101 Dang Wangi set to be handed over by 2H2017
PETALING JAYA (Jan 5): M101 Holdings Sdn Bhd is targeting to handover the Small-office Flexible-office (SoFo) units in M101 Dang Wangi by 2H2017, according to the company’s founder and CEO Datuk Seth Yap Ting Hau.
JAG ventures into property development
PETALING JAYA (Jan 3): Listed electronic and industrial waste processor JAG Bhd has entered the property development business with its upcoming mixed-use development project worth RM155 million to RM170 million in Klang.
