Sunway REIT 4Q net property income grows 6.8%
KUALA LUMPUR (Aug 12): Sunway Real Estate Investment Trust’s (REIT) net property income (NPI) rose 6.
‘More stable business outlook’ for Starhill Global REIT
SINGAPORE (Aug 2): Religare is reiterating its “buy” call on Starhill Global (SGREIT) with an unchanged target price of 90 cents, with the view that its portfolio’s performance is set to stabilise.
MPCorp inks MoU with S’pore firm to sell assets for RM250 mil
KUALA LUMPUR (July 29): Practice Note 17 (PN17) company Malaysian Pacific Corp Bhd (MPCorp) has inked a memorandum of understanding (MoU) with a Singapore company Terra Pontus Pte Ltd for the proposed disposal of a part of Wisma MPL for RM250 million.
Concorde KL to be demolished to unlock land value
LONG-established Concorde Hotel Kuala Lumpur — which is linked to Sultan of Selangor Sultan Sharafuddin Idris Shah, entrepreneur Tan Sri Syed Yusof Syed Nasir and Singaporean tycoon Ong Beng Seng — may be torn down to make way for a multibillion-ringgit integrated project, documents show.
Modern living
A NEED for change propelled Nick Fong and Alex Lee to strike out on their own in 2008 with their interior design firm, Nu Infinity.
Naza TTDI to launch RM1.4b worth of projects in 2H
KUALA LUMPUR (July 18): Naza TTDI Sdn Bhd plans to launch projects worth RM1.
Singtel subsidiary wins S$10m contract to develop Smart HDB towns
SINGAPORE (July 12): Singtel Group's subsidiary, NCS, was awarded a S$10 million contract on Monday by Singapore’s Housing & Development Board (HDB) to develop a new Smart Urban Habitat Master Plan (SUHMP).
Congestion to worsen in TTDI
PETALING JAYA (July 1): The proposed development of nine blocks of high-rise homes on a 12-acre parcel next to the Taman Rimba Kiara in Taman Tun Dr Ismail (TTDI) is expected to worsen traffic congestion as the existing transport infrastructure is inadequate, said property agents and consultants.
Naza TTDI and PRIDE launch TTDI Segaris
PETALING JAYA (June 30): Naza TTDI Sdn Bhd and Prasarana Malaysia Bhd subsidiary Prasarana Integrated Development Sdn Bhd (PRIDE) unveiled TTDI Segaris, a 28-storey duplex residence in the affluent neighbourhood of Taman Tun Dr Ismail (TTDI), yesterday.
LGB Properties mulls mixed-use development on BAT land
PETALING JAYA (June 13): LGB Properties (M) Sdn Bhd, a subsidiary of LGB Group, is planning a mixed-use development on a parcel in Virginia Park, Section 13 here that is currently occupied by British American Tobacco (M) Bhd’s (BAT) factory, said LGB Group director Lim Chin Sean.
