KL prime office sector to see 2.5% rent growth in next three years — Knight Frank
KUALA LUMPUR (Oct 11): Knight Frank has forecast a 2.
'Boy Iman' remanded for two days over property scam
KUBANG PASU (Oct 11): The Jitra Magistrate’s Court here granted a two-day remand order on DBI Properties managing director Datuk Noruliman A Rahman to help investigations into a property scam here involving RM30,000, Bernama reported today.
Sunway REIT’s acquisition of Sunway Clio for RM340m is ‘fair’, ‘reasonable’
KUALA LUMPUR (Oct 11): Sunway Real Estate Investment Trust’s (Sunway REIT) proposed acquisition of Sunway Clio Property from Sunway Bhd for RM340 million is fair and reasonable, and not detrimental to the minority shareholders, says independent adviser AmInvestment Bank Bhd.
UEM Sunrise targets 50% take-up for luxury Dutamas homes by year end
KUALA LUMPUR (Oct 9): UEM Sunrise Bhd is eyeing a 50% take-up rate for the first phase of its latest mixed-use development, Solaris Parq in Dutamas, by the year end, said its managing director and CEO Anwar Syahrin Abdul Ajib today.
Why you should not take your management corporation lightly
Recent news of service and maintenance fee defaulters having their belongings seized or auctioned off should be a wake-up call to stubborn defaulters.
Forest City won’t suffer from low occupancies in long term
PETALING JAYA (Oct 5): Forest City in Johor will not suffer from low occupancy in the long term, owing to the incoming high-speed rail and the job opportunities being created within the region, said Country Garden Pacificview Sdn Bhd president and chief strategy officer Dr Yu Runze.
Are you launching the right products?
PETALING JAYA (Oct 5): With the current slowdown state of the property market, what kind of products are the market looking for? UEM Sunrise CEO and managing director, Anwar Syahrin Abdul Ajib noted that 2-3 storey terraced homes are still in high demand and the most transacted in the region of Klang Valley and Johor.
IKEA Tebrau to open Nov 16
JOHOR BAHRU (Oct 5): IKEA Tebrau will open its doors on Nov 16, becoming the Swedish affordable furniture’s first store in Malaysia’s southern region and the largest one in Southeast Asia.
ECRL price tag of RM55b not as inflated — MRL Infra chief
KUALA LUMPUR (Oct 5): The RM55 billion price tag for the construction of the East Coast Railway Link is not as hefty or inflated as some may argue, said Malaysia Rail Link Sdn Bhd (MRL) Infra Director Nor Rizan Mohd Akhir.
