Oxley Holdings plans to open hotel and residences in KLCC area in 2020
PETALING JAYA (Feb 16): Singapore-listed property developer Oxley Holdings Ltd (Oxley) has announced it will open its 207-room So Sofitel Hotel and a 590-key So Sofitel Residences in the heart of Kuala Lumpur City Centre (KLCC) area in 2020, it said in a press statement today.
More malls consolidation expected this year
KUALA LUMPUR (Feb 10): Property consultancy firm Rahim & Co highlights the possibility of more consolidation of the Klang Valley's retail space this year as more malls are launched, contributing to a growing glut in the sector.
Residents want safer Bangsar, Brickfields
KUALA LUMPUR (Feb 10): Residents of Bangsar and Brickfields in Kuala Lumpur want the authorities to step up efforts to make their neighbourhoods safe.
More pressure on KL commercial property this year
KUALA LUMPUR (Feb 5): With more incoming supply, Rahim & Co expects the Kuala Lumpur office market in 2016 to be more challenging in 2016.
KL City Hall says development approval process simplified
KUALA LUMPUR (Jan 27): Kuala Lumpur City Hall today announced a new service it said would simplify the process of obtaining development approvals in the Greater KL area.
Selangor Dredging buys land in Ulu Klang for RM450m project
KUALA LUMPUR: Selangor Dredging Bhd (SDB) is proposing to develop 588 units of residential properties with a gross development value of RM450 million on two pieces of land it is acquiring in Ulu Klang, Selangor.
KLCCPSG’s FY15 core net profit of RM746.1 mil above consensus forecast
KLCC Property Stapled Group (Jan 22, RM7) Maintain hold with a target price of RM7.
Klang Valley office rental growth to be under pressure over next two years
KUALA LUMPUR (Jan 21): Klang Valley office rental growth is expected to be under pressured owing to the new supply of 10 million sq ft coming on stream over the next two years, according to Knight Frank Malaysia Sdn Bhd managing director Sarkunan Subramaniam (pictured).
MREITs may acquire more assets this year
MALAYSIAN real estate investment trusts (MREITs) may step up acquisitions this year as the rental reversion cycle peaked in 2014, which helps with asset valuations said Malaysian REIT Managers Association chairman Datuk Stewart LaBrooy (pictured).
