Labuan to get satellite town project
PETALING JAYA (April 19): Labuan (pictured) will soon have a satellite town in Saguking.
JPPH: Still a challenging retail market
KAJANG (April 17): The commercial property market has continued to decline in 2017, with 22,162 transactions worth RM25.
TTDI RA against redevelopment regardless of land status
KUALA LUMPUR (April 11): TTDI Residents’ Association (RA) stood firm on their decision to oppose the redevelopment of Tadika Diyana even after discovering that the land occupied by the institution carries commercial status, on concerns that it will reduce the community’s quality of living.
Melaka proposes to rate fire safety standards of commercial buildings
PETALING JAYA (March 8): Melaka housing, local government and environment committee chairman Datuk Wira Ismail Othman has proposed for commercial buildings in the state be given a star-based fire safety rating system, The Star Online reported yesterday.
AmProp-Grosvenor JV buys residential project in Madrid
KUALA LUMPUR (Jan 30): Amcorp Properties Bhd (AmProp) together with its joint-venture (JV) partner, Grosvenor Europe Investments Ltd, have acquired a residential development project in the sought-after Chamberi district of Madrid, Spain.
Political uncertainty negatively impacts commercial property, says Knight Frank
KUALA LUMPUR (Jan 24): With Malaysia’s general elections looming, political uncertainty has affected market sentiments and this will have an impact on the general property sector and the commercial property segment in particular.
Klang Valley retail occupancy rate at 5-year low
KUALA LUMPUR (Dec 6): The average occupancy rate of retail space in the Klang Valley, which has been falling marginally over the last six years, is now hovering at a five-year low of 86%, said real estate services firm Nawawi Tie Leung Sdn Bhd (NTL).
WCT plans second private placement to raise RM242m
KUALA LUMPUR (Oct 17): WCT Holdings Bhd plans to raise up to RM242 million via a private placement — the second fundraising exercise this year — to fund infrastructure and property development projects and reduce debt.
