News about KL

Bloomberg reported that ICD Brookfield Place's owners, Brookfield Asset Management and state-owned Investment Corp of Dubai, may sell a stake of as much as 49% in the office tower, whose tenants include JPMorgan Chase & Co and Bank of America Corp.

AWC said its unit Qudotech Sdn Bhd had on Aug 2 accepted the letter of award from CBTech (M) Sdn Bhd for the project's water and sanitary plumbing system and rainwater downpipe system for CB Land Sdn Bhd.

In a note on Thursday (Aug 3), analyst Edwin Woo said rough calculations show that net gearing levels could rise to 0.

The global industry players were from the United Kingdom, Spain, Germany, the Netherlands, Australia, mainland China, South Korea, Japan, Hong Kong, Thailand and Singapore, said MyHSR in a statement.

The company said its indirect wholly owned Tanco Builders Sdn Bhd (TBSB) had accepted the letter of award (LOA) from Arkitek CKL, on behalf of WGBSB, to undertake the main building and infrastructure works for the project, which will have one block of Rumah Selangorku apartments (400 units).

With the adoption of a hybrid workplace, companies are also looking for space that offers greater flexibility of space planning.

ERL said the first train from KL Sentral will be at 5am, while the first train departure from KLIA Terminal 2 will be at 4.

Apart from that, rentals for condominiums in Singapore grew 32% annually in the first quarter of 2023, while the government has also imposed a steeper stamp duty starting April.

The redevelopment project will result in the expansion of the retail space of an approximate 50,000 square feet (sq ft) of net lettable area (NLA).

In his affidavit filed on behalf of the defendants (the government), solicitor general Datuk Ahmad Terrirudin Mohd Salleh said that the subject matter of the lawsuit was related to the Cabinet’s decision on Dec 12, 2020, a public policy decision which was based on bilateral negotiations and research on cost and economic benefits for the country.