News about OLA

WHO: Tang Mun Kian, Desmond Phang and Bernard Chong met while working at the same advertising agency and struck up a friendship that has endured for more than a decade and counting.

•    Today, we look at price growth and indicative asking rental yields for non-landed homes in Dutamas, Kuala Lumpur.

•    Today, we continue our focus on Dutamas, Kuala Lumpur by looking at average prices on a per square foot (psf) basis.

KUALA LUMPUR (March 29): Germany recorded the strongest occupier activity in Europe’s industrial property market with 6 million sq m of space leased out last year, underpinning a record year in Europe’s industrial property market, said international property consultancy Cushman & Wakefield.

•    With limited land in Mont’Kiara, development activity has spilled over to neighbouring areas of Dutamas and North Kiara.

THE Kuala Lumpur and beyond Kuala Lumpur (Selangor) office market remained stationary in 4Q2015, with looming supply casting a shadow on rental and occupancy rates.

KUALA LUMPUR (Jan 18): Terror groups are targeting Bukit Bintang, Hartamas, Bangsar and malls, such as Publika and The Curve, Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor said yesterday.

  SINGAPORE (Jan 6): GuocoLand Ltd and AccorHotels have signed a deal for the management of GuocoLand’s two newly-built hotels: the Sofitel Singapore City Centre at Tanjong Pagar Centre, Singapore, and the Sofitel Kuala Lumpur Damansara at Damansara City, Kuala Lumpur.

KUALA LUMPUR (Dec 23): Guocoland (Malaysia) Bhd, the property investment arm of Hong Leong Group, has appointed Datuk Kong Woon Jun, 52, as its managing director (MD) effective Jan 4, 2016, following the resignation of Tan Lee Koon, 41, who will assume another position in the Hong Leong group.

KUALA LUMPUR (Nov 27): GuocoLand (Malaysia) Bhd, the property arm of Hong Leong Group, is open to any “strategic partner” who can add value to its property developments.