KUALA LUMPUR (April 1): Prasarana Malaysia Bhd, which targets to turn profitable in the second half of next year, said it is looking at spinning off some of its assets into a real estate investment trust (REIT) and pare down its debt.
PETALING JAYA (April 1): The International Real Estate Research Symposium 2016 (IRERS) organised by The National Institute of Valuation (INSPEN) is expected to attract 300 participants from around the world.
KUALA LUMPUR (March 30): Although Kuala Lumpur City Hall (DBKL) has restricted approvals to develop new hotels, luxury apartments and office developments, the authorities will still allow applications for selected mixed commercial developments, said Federal Territories Minister Tengku Adnan Tengku Mansor.
A number of houses in Kuala Lumpur’s Bukit Persekutuan boast a unique orientation — the top floor is at street level, and the bedrooms are downstairs.
Eco World Development Group Bhd (March 29, RM1.
LEMBAGA Getah Malaysia (LGM) is monetising its prime land in Kuala Lumpur City Centre (KLCC), in what some believe is a move to shore up its coffers.
PETALING JAYA (March 25): UEM Sunrise Bhd has completed the topping out for its condominium project, Verdi “eco-dominiums”, in its Symphony Hills development in Cyberjaya, Selangor, the group said in a press statement today.
PETALING JAYA (March 24): Bukit Bintang City Centre’s (BBCC) serviced apartments – which will be open for a public preview this weekend – will be priced indicatively at RM1,600 psf, said a personnel from developer BBCC Development Sdn Bhd.
STARTING out as a civil structure contractor, Singapore-based Beverly Group Sdn Bhd — a subsidiary of Singapore-registered Qingdao Investments Pte Ltd — became a property developer when its founder and CEO Lim Seak Koon decided to experience property development “from the other side”.
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