News about KLCC

KUALA LUMPUR (Nov 10): The average asking price for high-end, high-rise residential properties on the secondary market in Kuala Lumpur City Centre (KLCC) has picked up strongly over the past quarter (3Q17) from the previous quarter.

KUALA LUMPUR (Oct 31): Eastern & Oriental Bhd’s (E&O) newly-completed upmarket residential project, The Mews Serviced Residence at Jalan Yap Kwan Seng, is more than 75% sold despite the prevailing weak sentiment in the property market.

PETALING JAYA (Oct 9): O&C Resources Bhd (OCR) had launched its Isola @ KLCC project along Jalan Yap Kwan Seng — with units carrying a price tag of RM1,900 psf or RM1.

KUALA LUMPUR (Sept 19): Alpine Return Sdn Bhd, a joint-venture company between Symphony Life Bhd and United Malayan Land Bhd (UMLand), has launched Star Development’s third residential tower — Ascott Star KLCC Kuala Lumpur.

REIT sector Maintain market weight: The sector’s core net earnings (excluding fair value gains) in the second quarter of financial year 2017 (2QFY17) improved by 7.

KUALA LUMPUR (Sept 6): The oversupply of office and retail space in Malaysia is “far from over”, according to UOB Kay Hian Securities (M) Sdn Bhd.

KUALA LUMPUR (Aug 18): Magna Prima Bhd’s net profit in the second quarter ended June 30, 2017 (2QFY17) plunged by 86.

KLCCP Stapled Group (Aug 16, RM7.

KUALA LUMPUR (Aug 16): KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (REIT), collectively known as KLCCP Stapled Group, reported a slight increase in net profit in the second quarter ended June 30, 2017 (2QFY17) to RM177.

PETALING JAYA (July 14): Galeri Petronas is hosting an architecture exhibition titled “MANIFEST: Modernism of Merdeka” to showcase how Malaysian architecture had shaped the transformation of the nation during its pre- and post-independence period of 1950s and 1960s.