Sunway Property to build extension to Sunway Velocity on newly acquired 8.45-acre prime land
KUALA LUMPUR (Feb 14): Sunway Property’s newly acquired 8.
PPK's survey affirms malls face high operating costs amid weak consumer spending
KUALA LUMPUR (Feb 13): Shopping malls in Malaysia currently operate in an environment of high operating costs amid lower consumer spending, according to a latest survey by the Malaysia Shopping Malls Association (PPK).
Lee Rubber on land selling trail in Malaysia
IN less than two years, Singapore-based Lee Rubber Co (Pte) Ltd has divested itself of at least four assets in Malaysia, namely in Johor, Kuala Lumpur and Penang.
New infrastructure may prompt a wave of relocation
AS connectivity and infrastructure improve and the rental gap between Kuala Lumpur’s central business district (CBD) and city fringe narrows, more companies may move into or relocate to the CBD.
O&C Resources set to launch its first property project
O&C Resources Bhd may be a new player in the property development industry but it is ready to make a name for itself.
EPF scraps plan to buy Quill City Mall
THE Employees Provident Fund (EPF) has scrapped its plan to buy Quill City Mall in Jalan Sultan Ismail, Kuala Lumpur, from the Quill Group of Companies as the shopping centre has not met the preconditions stated in the sales and purchase agreement (SPA).
Batu Kawan an undervalued gem, says AmInvestment Bank Research
KUALA LUMPUR (Feb 3): AmInvestment Bank Research, which issued an unrated report on Batu Kawan Bhd, sees the stock as an undervalued gem.
MRCB puts Ascott Sentral KL up for sale
MALAYSIAN Resources Corp Bhd (MRCB) is in the midst of appointing a party to administer the tender process for the sale of the Ascott Sentral Kuala Lumpur serviced apartments, as it is looking to unlock the value of the asset, say industry sources.
