KL office rental rates under pressure
A large supply of office space continued to weigh on rental rates in Kuala Lumpur, KL Fringe and Beyond KL (Selangor) in 3Q2015, while the overall market is expected to remain gloomy until year end.
Builders blame banks for gloom, but it’s now or never for home buyers
KUALA LUMPUR (Dec 21): Shahfizul and Halida, a couple in their late 20s, said they had to give up a lot to purchase their first property, a RM460,000 home in the Klang Valley, and can't make further sacrifices as they live out their 35-year term loan.
Wangsa Maju moves up the value chain
WANGSA Maju has seen tremendous changes over the years.
Gamuda's 1Q net profit falls 13% amid softer property market, declares 6 sen dividend
KUALA LUMPUR (Dec 16): Gamuda Bhd saw its net profit fall 13% to RM161.
Potholes near construction sites cause costly damage to vehicles
Lawmakers want the authorities to step up efforts to mend and minimise potholes near construction sites and in residential areas.
EcoWorld surges 4.26% on better earnings, sales record
KUALA LUMPUR (Dec 11): Eco World Development Group Bhd's (EcoWorld) shares rose as much as six sen or 4.
Komuter service to be rerouted during 6-month trial
KUALA LUMPUR (Dec 8): The Komuter train service will be rerouted from Dec 15 under a six-month trial period in preparation for an infrastructure upgrade and track rehabilitation work.
MRCB to inject Menara Shell into MQREIT for RM640m
KUALA LUMPUR (Dec 4): Malaysian Resources Corp Bhd (MRCB) is planning to inject the 33-storey Menara Shell into MRCB-Quill Real Estate Investment Trust (MQREIT) to unlock RM640 million worth of investment value in the property.
