News about Kuala Lumpur

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.

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 Bhd may be a new player in the property development industry but it is ready to make a name for itself.

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).

KUALA LUMPUR (Feb 3): AmInvestment Bank Research, which issued an unrated report on Batu Kawan Bhd, sees the stock as an undervalued gem.

MALAYSIA is a land of contradictions.

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.

PETALING JAYA (Jan 24): The outlook for the Kuala Lumpur and Selangor office markets remain cloudy with no catalyst to boost office demand in the near term, according to real estate firm Knight Frank Malaysia.

KUALA LUMPUR (Jan 20): European rail experts expect an internal rate of return (IRR) of at least 15% to 20% if chosen as the concessionaire to own, operate and maintain Kuala Lumpur-Singapore high speed rail (HSR) assets.

KUALA LUMPUR (Jan 19): Pavilion Real Estate Investment Trust (REIT) posted a net property income of RM76.