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News About Kota Kinabalu

Sabah gazettes 24 heritage sites

By Feb 23

PETALING JAYA (Feb 23): Sabah’s State Heritage Council has gazetted 24 heritage sites in Sabah — including the Sabah Tourism Board building (formerly the Kota Kinabalu post office) and the Atkinson Clock Tower — as it seeks to preserve the land below the wind’s heritage and culture while tapping into their tourism potential.

Gamuda Land to launch last tower of Bukit Bantayan Residences phase 1 in March

By Lum Ka Kay Feb 07

KOTA KINABALU (Feb 7): Gamuda Land aims to launch the third and final tower of Bukit Bantayan Residences phase 1 in Kota Kinabalu, Sabah, in March.

A close look at Weida’s takeover offer

By Wong Ee Lin Feb 02

KUALA LUMPUR (Feb 2): Little-known Weida (M) Bhd founder Datuk Lee Choon Chin, who is also a major shareholder, intends to take the company private through a selective capital reduction and repayment that will distribute RM2.40 per share to minority shareholders.

Concern over ‘sustainability’ of retail sector in Kota Kinabalu

By Lum Ka Kay Jan 29

PETALING JAYA (Jan 29): There is still concern about the “sustainability” of the retail sector in Kota Kinabalu, Sabah in 2H17 as there is an absence of proposed new launches for the retail sub-sector, which is similar to 1H17, said property consultancy Knight Frank Malaysia.

KL to welcome its first Fairfield by Marriott by 2020

By Shawn Ng Jan 18

KUALA LUMPUR (Jan 18): Marriott International Inc has partnered with Johawaki Holdings Sdn Bhd to introduce the first Fairfield by Marriott in Kuala Lumpur.

Good earnings visibility for Gabungan AQRS; order book prospects good

By Affin Hwang Capital Jan 18

Gabungan AQRS Bhd (Jan 17, RM1.93)

Titijaya has ongoing, future projects of RM12.3b GDV

By Bernama Jan 15

KUALA LUMPUR (Jan 15): Titijaya Land Bhd, a leading Malaysian property developer, has currently ongoing and future projects of about RM2.3 billion and RM10 billion in gross development value (GDV) respectively.

Pan Borneo Highway to affect 570 land owners in mandatory acquisition

By Jan 12

KUALA LUMPUR (Jan 12): Owners of up to 570 land titles in three districts will be impacted in a mandatory acquisition of land for the Pan Borneo Highway project in Sabah, Bernama reported yesterday.

Sunway to enter Sabah’s pavement market via acquisition

By Sangeetha Amarthalingam Dec 21

KUALA LUMPUR (Dec 21): Sunway Bhd plans to enter Sabah’s pavement market through the acquisition of concrete block manufacturer Telipok Concrete Sdn Bhd for RM2.9 million.

AmInvestment Bank: Property market to remain subdued in 2018

By Lam Jian Wyn Dec 04

PETALING JAYA (Dec 4): AmInvestment Bank expects the property market to remain subdued in 2018 as elevated home prices, low financing margins by banks, and high debt-service ratios (DSR) among prospective homebuyers continue to plague the market.