SINGAPORE (July 12): CapitaLand's wholly-owned serviced residence business unit, The Ascott, is acquiring a 221-unit serviced residence in Docklands, Melbourne, for A$71 million (S$71 million) (RM210 million) as part of its partnership with Australian-based apartment operator Quest Apartment Hotels.
PETALING JAYA (July 8): The iconic “OCBC Building” located at Jalan Hang Kasturi was sold last year in July to building management services company Shen & Sons Sdn Bhd for RM921 psf — translating into RM21 million — JLL Malaysia country head, YY Lau told TheEdgeProperty.
KUALA LUMPUR (July 4): Loss-making timber and timber products maker NWP Holdings Bhd is looking for opportunities in the construction sector for additional sources of income that may return the company to profitability.
A FIRST class degree holder in Land Administration and Development from Universiti Teknologi Malaysia (UTM), Teo Z L joined the property industry six years ago as a junior real estate negotiator.
KUALA LUMPUR (July 1): MRCB-Quill Real Estate Investment Trust (MRCB-Quill REIT) is buying Menara Shell in KL Sentral from Malaysian Resources Corp Bhd (MRCB) for RM640 million.
KUALA LUMPUR (June 30): Gamuda Bhd's earnings visibility has improved after the builder secured the RM30 billion Mass Rapid Transit (MRT) Line 2 project in the Klang Valley, Affin Hwang Investment Bank Bhd said.
KUALA LUMPUR (June 30): Gamuda Bhd’s net profit for the third quarter ended April 30, 2016 fell 4.
SINGAPORE (June 29): The manager of Mapletree Logistics Trust (MLT) is acquiring a warehouse facility in Malaysia at a purchase consideration of RM160 million from its sponsor, Mapletree Investments.
• Today, we continue our focus on Taman Desa by looking at average prices on a per sq ft (psf) basis.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
