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.
A RANDOM question that popped into his mind during a motorcycle ride 20 years ago has brought Ng Chong Kiat, managing director of CK East Group, to where he is today.
PETALING JAYA (May 28): Contractor-cum-property developer Binastra Land Sdn Bhd aims to launch its flagship and largest project – the RM1.
KUALA LUMPUR (May 25): IGB Corp Bhd, which saw its latest quarterly net profit slump 20.
ESTABLISHED property company and hotelier, IGB Corp Bhd, is believed to be in talks to dispose of its 20-year-old, 910-room Renaissance Kuala Lumpur hotel to a little-known Singapore company for just below RM800 million.
KUALA LUMPUR (May 16): International hospitality manager and operator Oakwood Asia Pacific aims to grow its presence in Malaysia through new partnerships and is seeking such opportunities with local property owners, said its sales, marketing and revenue management vice president Paul Stocker.
KUALA LUMPUR (May 9): RAM Rating Services Bhd has maintained its negative outlook on the Malaysian residential property sector as well as the office and retail sub-segments in Kuala Lumpur and Selangor this year.
KUALA LUMPUR (May 9): Malaysia’s first Oakwood hotel and serviced apartments – formerly the Nomad SuCasa Hotel – is scheduled to open in September this year, said property owner Plenitude Bhd.
Property sector Maintain neutral: According to the National Property Information Centre, Malaysia’s property market recorded an 8% decline in transaction value and a 5.
Pavilion Real Estate Investment Trust (April 29, RM1.
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