News about Kuala Lumpur

KUALA LUMPUR (July 1): Property developer S P Setia Bhd is set to launch its latest luxury condominium project in Taman Seputeh, Kuala Lumpur this September.

GEORGE TOWN (June 28): Penang-based Ideal Sun City Holdings plans to invest RM50 million to acquire commercial buildings in the state, as well as in Kuala Lumpur and Selangor.

DEVELOPED by Land & General Bhd back in the 1990s, Bandar Sri Damansara is becoming increasingly affluent.

KUALA LUMPUR’S Cheras is known as a food haven and it houses one of the largest night markets in the city offering a variety of street food.

THE office market in Kuala Lumpur and beyond KL (Selangor) remained mostly static and unglued in the first quarter of the year, in the light of the slowing local economy, and the situation looks set to continue for the rest of the year.

SERI KEMBANGAN (June 15): Sapura Resources Bhd will channel proceeds from the sale of its education assets towards its RM1.

KUALA LUMPUR (June 10): Benéton Properties Sdn Bhd will be opening the final block of its Irama Wangsa resort-concept condominium in Kuala Lumpur on June 15, 2016.

SEOUL (June 6): The South Korean ministry of land, infrastructure and transport (Molit) plans to engage with the relevant parties in Malaysia to promote its high-speed rail (HSR) technology, in a move to facilitate a South Korean consortium’s bid for the upcoming 375km Kuala Lumpur-Singapore HSR project.

CHAN Sow Lin, an industrial area in Kuala Lumpur, has seen plenty of interest from developers in recent years.

KUALA LUMPUR (June 1): Aset Kayamas Sdn Bhd, a privately held property developer, has obtained a RM425 million bridging loan from Malaysia Building Society Bhd (MBSB) for its Park Hill Residence and 1Malaysia Civil Servants Housing (PPA1M) projects in Bukit Jalil here.