News about S

KUALA LUMPUR (May 13): Kimlun Corp Bhd is acquiring land in Kota Tinggi, Johor for RM28.

Sunway Bhd (May 12, RM3.

•   Today, we continue our focus on Brickfields by looking at development prices on a per square foot (psf) basis.

CHERAS (May 12): Boustead Ikano Sdn Bhd, a joint venture between Boustead Holdings Bhd and Ikano Pte Ltd, today unveiled MyTown – a new shopping centre encompassing 18 acres, which will open in the second half of 2016.

KUALA LUMPUR (May 12): The proposed alignment of the Light Rail Transit Line 3 (LRT3) will terminate at Johan Setia in Klang, which is the proposed location for the last station that will be the main depot for the railway scheme, said group managing director of Prasarana Malaysia Bhd Azmi Abdul Aziz (pictured) today at a media conference announcing the public inspection for the LRT3 railway scheme.

MELBOURNE (May 12): Standing at 18 storeys high, Fawkner Centre on the premier boulevard of 499 St Kilda Road in Melbourne, Victoria, will undergo a transformation from October to change its purpose from commercial to residential following the recent acquisition by real estate investment manager Qualitas.

PETALING JAYA (May 12): Sunway Bhd is proposing a mixed development across 17 acres in Kelana Jaya, with an estimated gross development value (GDV) of RM1.

(Graphic by Land Transport Authority) SINGAPORE (May 12): The Singapore government yesterday announced that it had earmarked the current site of Jurong Country Club (JCC) for the Kuala Lumpur-Singapore High Speed Rail (HSR) terminus.

•    Brickfields was previously dominated by low and mid-end housing.

KUALA LUMPUR (May 11): MCT Bhd plans to form a real estate investment trust (REIT) at the earliest by 2020.