KUALA LUMPUR (June 5): Bina Puri Holdings Bhd is set to launch two projects worth RM500 million this year, said group executive director Datuk Matthew Tee.
KUALA LUMPUR (Feb 28): Permodalan Nasional Bhd (PNB), which is on the lookout for tenants for its iconic PNB 118 tower, believes the building, which is set to be the tallest building in Southeast Asia and the third tallest in the world, has a prestigious address that will attract global corporations to establish their offices there.
PETALING JAYA (Nov 21): The temporary freeze on approvals for the development of shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million will be a much-needed relief for landlords or owners of office and residential buildings as it will allow the market to absorb the existing large supply through rising population growth, urbanisation and migration to cities, said JLL Malaysia associate director, research and consultancy Veena Loh.
PUTRAJAYA (Sept 29): Soon-to-be Malaysia’s tallest structure, the Merdeka PNB 118 Tower that is being built by Permodalan Nasional Bhd (PNB) will see a new hotel brand making its debut in the country.
KUALA LUMPUR (Aug 16): The construction of Merdeka PNB 118 — which will be Malaysia’s tallest building and the world’s fifth tallest on completion — will not be stopped, Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar said, even though it will worsen the oversupply of office space in the capital city.