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.
Rumawip Kampung Baru expected to be ready by next year
KUALA LUMPUR (Jan 25): The Federal Territories' Legasi Residensi Kampung Baru Affordable Homes under the Rumah Mampu Milik Wilayah Persekutuan (Rumawip) project here is expected to be ready by next year, according to a Bernama report yesterday.
Kajang’s Country Heights to see its ‘first high-rise, mixed development’
THE Klang Valley has seen a slew of new landmarks and hangout spots such as the Empire Shopping Gallery, The Curve, and The Gardens over the past two decades.
More pressure on KL, Selangor office sector; retail segment remains weak
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.
90% of Liberty Arc’s Block B and C SoHo units taken up
PETALING JAYA (Jan 24): EcoFirst Consolidated Bhd saw 90% of Block B and C in its Liberty Arc project in Ampang Ukay taken up ahead of the official launch in March.
Ecofirst 2Q net profit halves on-year amid lower billings
KUALA LUMPUR (Jan 23): Ecofirst Consolidated Bhd's net profit fell 55% to RM5.
Why RHB is cutting CapitaLand Mall Trust to 'neutral'
SINGAPORE (Jan 23): RHB Research has downgraded CapitaLand Mall Trust from a “buy” to a “neutral” recommendation, amid concerns that its rental growth could be affected by the sluggish retail market.
Proposed Stamp Act changes cause a stir
SOME proposed amendments to the Stamp Act 1949, which seek to impose stricter requirements on the stamping of contracts, have caused a stir among property developers who worry that the amendments will push up their cost of doing business.
S P Setia to unveil next component of Setia Eco Templer phase 1
PETALING JAYA (Jan 21): S P Setia Bhd plans to unveil the next component of the first phase of its Setia Eco Templer project in Rawang this quarter, said executive vice-president Datuk Koe Peng Kang in a City & Country report dated Jan 23, 2017.
