Maybank sued for ‘thwarting’ luxury Tribeca condo tower

NEW YORK (June 11): The developer of a 43-story luxury condo building in Manhattan’s Tribeca neighborhood sued Malaysia’s biggest bank for reneging on agreements to provide more than US$162 million (RM689 million) in syndicated construction loans and “effectively thwarting” the project, Bloomberg reported today.

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Kota Kinabalu residential market to remain resilient

FOLLOWING the overall soft residential market in Kota Kinabalu last year, opinions are mixed on how the market will perform this year, Rahim & Co Sabah branch manager Max Sylver Sintia says when presenting The Edge/Rahim & Co Kota Kinabalu Housing Property Monitor 1Q2016.

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