DBKL to redevelop old council property, improve urban quality of life
KUALA LUMPUR (Aug 25): Kuala Lumpur City Hall (DBKL) is redevloping old council flats in an effort to provide 50,000 affordable homes in the city.
Insider Asia’s Stock Of The Day: UOA Development
UOA Development should appeal to yield-seeking investors for its above-average yield, strong balance sheet and growing base of recurring income.
DONE DEAL: Summer Suites small office/flexible office
Rented for: RM1,700 Concluded by: Mori Ng of Greenfield Properties (010 220 4482) When: August 2015 Noteworthy: - Partially furnished with air conditioning units, kitchen cabinets, refrigerator and microwave - Built-up area: 493 sq ft, 1 bathroom - Accessible via Jalan Sultan Ismail and the Ampang-Kuala Lumpur elevated highway.
JMR Conglomeration to launch Marvel View in Butterworth by year end
PENANG (Aug 20): JMR Conglomeration Bhd will launch its commercial development named Marvel View in Butterworth at the end of this year, according to a report carried by the digitaledge Daily today.
Compugates, Penang firm, to jointly develop RM1.5 bil mixed-use property project
GEORGE TOWN (Aug 19): Compugates Holdings Bhd is teaming up with a Penang-based privately held property developer to transform a 38.
Construction industry to record 10.5% growth this year
KUALA LUMPUR (Aug 13): The construction industry is expected to record a growth of 10.
Bangkok to welcome Best Western Plus Wanda Grand Hotel in 4Q
BANGKOK (Aug 11): Best Western International will be introducing Best Western Plus Wanda Grand Hotel in northern Bangkok in the fourth quarter of this year.
Meda bets on Chan Sow Lin land
AT a time when property developers are getting cautious, Meda Inc Bhd is betting all its chips on one item — an RM180 million land acquisition that is projected to generate a gross development value of RM881.
Abandoned hotel project in KL may be revived
EFFORTS to revive a stalled project located on a prized piece of land at the junction of Jalan Ampang and Jalan Sultan Ismail Kuala Lumpur — which was once earmarked for The Grand Duta Hyatt Hotel — appear to have been re-mobilised.
