News about KL

Axis Real Estate Investment Trust (Jan 19, RM1.

KUALA LUMPUR (Jan 19): Real estate services provider JLL Malaysia foresees a drop of up to 10% in Kuala Lumpur prime area office rentals before the market recovers.

KUALA LUMPUR (Jan 18): Spring Gallery Bhd is making its maiden foray into the property development market through a joint venture (JV) with Hasil Senudong Sdn Bhd to develop a residential project in Kledang Utara, Perak.

KUALA LUMPUR (Jan 17): HIL Industries Bhd is buying two firms, which have obtained regulatory approval for two projects worth an estimated RM375.

MALAYSIANS love to shop and love it even better when the prices are right.

EIGHT years ago, when turnaround specialist Datuk Tiong Kwing Hee was headhunted to undertake the restructuring of property developer EcoFirst Consolidated Bhd, he knew it would be an uphill battle.

Property sector Maintain neutral: Recapping 2016, which is similar to 2015, property companies continued to underperform on the FBM KLCI Index with average return of -5% as compared with FBM KLCI at -3% for the year 2016.

Sunway Real Estate Investment Trust (Jan 12, RM1.

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 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.