News about PA

KUALA LUMPUR (Sept 12): Sarawak-based property developer Ibraco Bhd has proposed to buy four parcels of vacant freehold land in Petaling Jaya, Selangor, measuring a total of 15,811.

KUALA LUMPUR (Sept 11): Turnover rent structure has helped Hektar Real Estate Investment Trust (Hektar REIT) to manage rental pressures amid a weak retail environment coupled with the overbuilding of malls in the Klang Valley.

The Asia-Pacific region has been impacted by China’s capital outflow control with China’s outbound investment in Asia Pacific in the first half of this year (1H2017) having slumped 59% y-o-y, according to CBRE Research’s Asia Pacific Marketview 2Q2017 report.

PETALING JAYA (Sept 10): The concept of building a smart city is not about constructing a new city from scratch but how to improve the daily lives of city dwellers through technology, innovative ideas and sustainable design.

KUALA LUMPUR (Sept 8): Mitrajaya Holdings Bhd shares rose 1.

KUALA LUMPUR (Sept 8): Mitrajaya Holdings Bhd’s wholly-owned unit has won two construction projects in Kuala Lumpur and Selangor for a combined contract sum of RM377.

PETALING JAYA (Sept 7): Bike-sharing start-up Mobike has partnered with S P Setia Bhd to launch its dockless bike-sharing service in its flagship Setia Eco Park township at Shah Alam yesterday.

REIT sector Maintain market weight: The sector’s core net earnings (excluding fair value gains) in the second quarter of financial year 2017 (2QFY17) improved by 7.

KUALA LUMPUR (Sept 5): The Malaysian Government may expedite construction of the Mass Rapid Transit 3 (MRT3) in the Klang Valley ahead of its planned completion in 2027 to reap the economic benefits of the project.

KUALA LUMPUR (Sept 5): The authorities are ramping up action against condo and apartment owners defaulting on maintenance payments — by raiding their units and seizing movable items, The Star reported today.