BNM RM2b land an extension of Lake Gardens?
PETALING JAYA (Jan 6): Where exactly is the location of the tract Bank Negara Malaysia (BNM) is buying for RM2 billion? The landing, sprawling 55.
AMMB ends JV with ARA Asset, inks deal with Amcorp Prop to manage REIT
KUALA LUMPUR (Jan 5): AMMB Holdings Bhd is terminating its joint venture with Singapore-based ARA Asset Management (Malaysia) Ltd, and is instead signing a new agreement with Amcorp Properties Bhd to manage its real estate investment trust.
Vivocom bags RM143m job to build affordable homes
KUALA LUMPUR (Jan 4): Vivocom Intl Holdings Bhd has bagged an RM143 million contract from Almaventures Development Sdn Bhd to build a 44-storey block housing 902 units of affordable housing, with seven floors of car park, on Jalan Gombak, Setapak here.
Savills: Properties increasingly assessed by MRT station proximity
KUALA LUMPUR (Jan 3): As the Mass Rapid Transit (MRT) line is rapidly gaining wide acceptance and changing commuter patterns, properties will increasingly be assessed by the distance from the stations, said Savills Malaysia Sdn Bhd (Savills) managing director Datuk Paul Khong.
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Malaysia tops Southeast Asia as new retail expansion market
KUALA LUMPUR (Jan 3): Malaysia is the most attractive place for retail brands to expand into Southeast Asia, thanks to its strategic location, low taxes, and barriers to entry compared with other countries in the region, said Savills Malaysia Sdn Bhd (Savills) deputy executive chairman Allan Soo.
MCT rises 1.81% after Ayala unit ups stake to 50.2%
KUALA LUMPUR (Jan 3): MCT Bhd rose as much as 1.
MPCorp in talks to redevelop Wisma MPL
KUALA LUMPUR (Jan 3) : Malaysia Pacific Corp Bhd (MPCorp) said it is negotiating with the 21st Metallurgical Development (M) Sdn Bhd (T21) for the redevelopment of Wisma MPL in Jalan Raja Chulan here.
Ayala unit ups stake in MCT to 50.2%, expected to make offer for remaining shares
KUALA LUMPUR (Jan 2): MCT Bhd’s major shareholder Regent Wise Investment Ltd is raising its shareholding in the company to 50.
Market settling into a new normal, says JPPH DG
PETALING JAYA (Dec 28): While the property market has remained soft in 2017, Valuation and Property Services Department (JPPH) director-general Nordin Daharom believes the market is still holding up as transactions are still taking place.
China rail firms team up to bid for KL-S’pore high speed rail
PETALING JAYA (Dec 26): China Railway Corporation, the republic’s railway operator, will collaborate with China Railway Group Ltd, China Railway Construction Corp Ltd, China Communications Construction, CRRC Corp Ltd and other firms to bid for the Kuala Lumpur-Singapore high speed rail (HSR) project.
