News about Kuala Lumpur

PETALING JAYA (July 1): Negeri Sembilan plans to develop an aviation hub as the state government is confident that it will benefit the economy at the local and national level, reported Bernama.

KUALA LUMPUR (June 30): China’s Agile Group is aiming to launch projects in Malaysia with GDV of RM12.

PETALING JAYA (June 30): Ladang Impian 1 Sdn Bhd (LI1SB) which held a 15-year lease upon on the four acres upon which Pasarakyat was located, was paid RM35 million to terminate its lease seven years ahead of its expiry on January 1 this year, reported The Edge weekly.

PETALING JAYA (June 29): Close to half of the Small Office Home Office (Soho) units or 1,430 units of  2,912 units launched in Kuala Lumpur that  are under construction, remain unsold in 1Q2018.

PETALING JAYA (June 28): The number of unsold residential properties in the country has risen significantly over the first quarter of 2018.

KUALA LUMPUR (June 28): TRX City Sdn Bhd (TRXC) CEO Datuk Azmar Talib said he was unaware that funds of RM3 billion transferred to 1Malaysia Development Bhd (1MDB) between mid-2012 and early 2017 were to be diverted from their intended use.

KUALA LUMPUR (June 28): Luxury serviced office and co-working space provider Colony is set to open its third location at KL Sentral by the end of this year, Colony Space Asia co-founder and executive director Timothy Tiah told EdgeProp.

KUALA LUMPUR (June 27): Nine laneways within the historic core of Kuala Lumpur have been identified as part of an upgrading programme worth RM300,000.

KUALA LUMPUR (June 27): TA Global Bhd will hold back the launch of three of its Kuala Lumpur projects this year due to the challenging market environment.

PETALING JAYA (June 25): Prime Minister Tun Dr Mahathir Mohamad said it was “not so urgent” to inform Singapore on the status of the Kuala Lumpur-Singapore high-speed rail (HSR) in an interview with the island republic’s Channel News Asia portal today.