PNB brings Park Hyatt Hotel to PNB 118

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.

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SPNB Mesra to build 8,000 RMR1M homes this year

PETALING JAYA (Jan 8): Syarikat Perumahan Negara Bhd (SPNB) Mesra Sdn Bhd will build 8,000 units of Rumah Mesra Rakyat 1Malaysia (RMR1M) – including 5,000 homes for second generation Felda settlers – across Malaysia this year.

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JLL Malaysia: Temporary development curbs will bring “much-needed” relief

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.

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