Potential disposal of mature office assets could be catalysts for Axis REIT
Axis Real Estate Investment Trust (Jan 19, RM1.
Putrajaya Ventures seeks partners for RM5 bil Ampang project
PUTRAJAYA Ventures Sdn Bhd (PVSB), a unit of Petroliam Nasional Bhd (Petronas), is in talks with potential partners to participate in the planned development of the former French Embassy site in Jalan Ampang.
DONE DEAL: Park Seven condominium, KLCC
Sold for: RM2,450,000 (RM875 psf) Concluded by: Daniel Wong (REN 01967) of Sang Associates (013-3868108) When: August 2016 Noteworthy: ● Freehold ● 2,800 sq ft ● Developed by Selangor Dredging Bhd ● Completed in March 2008 ● 7 blocks of 20 storeys ● 105 units in each block ● Private lift and private lobby ● Unit has a view of Royal Selangor Golf Club and the greenery of Jalan Stonor ● Two car parks ● Maintenance fee is 48 sen psf According to the agent, Daniel Wong of Sang Associates, the selling price of this unit was slightly below market price owing to the slow market.
M101 Dang Wangi set to be handed over by 2H2017
PETALING JAYA (Jan 5): M101 Holdings Sdn Bhd is targeting to handover the Small-office Flexible-office (SoFo) units in M101 Dang Wangi by 2H2017, according to the company’s founder and CEO Datuk Seth Yap Ting Hau.
Eaton Residences to defy market forces
ON the weekend of Nov 19 and 20, GSH Corp launched in Singapore its maiden residential development, Eaton Residences, a high-end condominium in Jalan Kia Peng in Kuala Lumpur City Centre (KLCC).
Mayland to launch RM2.3 billion worth of properties in 2017
PETALING JAYA: Malaysia Land Properties Sdn Bhd (Mayland) is planning to launch properties worth RM2.
Tower A of SkyAwani 2 Residences fully sold in three hours
KUALA LUMPUR (Dec 5): SkyWorld Development Group’s SkyAwani 2 Residences’ Tower A which was launched last Saturday had received overwhelming response.
Naza TTDI on quest for more 'strategic' land banks
PETALING JAYA (Nov 22): Naza TTDI Sdn Bhd, the property arm of Naza Corp Holdings Sdn Bhd, is actively on the lookout for more land banks in its quest to expand its property portfolio, said its executive director Idzham Mohd Hashim.
KLCCP Stapled Group reports higher 3Q profit
KUALA LUMPUR (Nov 4): KLCCP Stapled Group has declared a higher income distribution for the third quarter ended Sept 30, 2016 (3QFY16) on the back of higher earnings.
Artisan Development to unveil The Edge of U-Thant next week
PETALING JAYA (Oct 14): Boutique developer Artisan Development is set to unveil the show unit of its latest landed home project — The Edge of U-Thant, some time between Oct 17 and 22.
