What’s next for property tycoon Lim?

  PETALING JAYA (March 31): Property tycoon Tan Sri Lim Kang Hoo’s second thwarted attempt to unlock the value of his properties parked in Iskandar Waterfront City Bhd (IWC) and its largest shareholder Iskandar Waterfront Holdings Sdn Bhd (IWH) has raised questions over a potential third attempt, according to The Edge weekly.

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See Hoy Chan plans to inject assets into REIT?

  PETALING JAYA (March 31): Property developer See Hoy Chan Sdn Bhd — which owns and manages offices, shopoffices and Starling Mall at its flagship Damansara Uptown — may plan to set up a real estate investment trust (REIT), reported The Edge weekly.

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房屋趣:大马房屋设计的过去、现在和未来

10年前最受欢迎的房屋设计,在今天可能已经不再新潮,因为买家的需求和品味会随着时代的变迁而改变。 举例来说,高楼住宅在30年前相当罕见,但如今处处都是高楼大厦;10年前,人们只求能有一瓦遮头,今时今日人们买房还会把生活品味纳入考量。 大马建筑师协会主席Ezumi Harzani Ismail告诉EdgeProp.

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EWI expects ‘maiden’ profit in FY18, raises sales target to RM3b

KUALA LUMPUR (March 30): Eco World International Bhd (EWI), which is 27%-owned by Eco World Development Group Bhd, has raised its sales target for its financial year ending Oct 31, 2018 (FY18), to RM3 billion from RM2 billion previously, based on plans for its existing projects and additional sales it intends to achieve from its new Be Living sites.

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DONE DEAL: Swiss Garden Residences, Jalan Galloway, KL

Rented for: RM3,000 per month (RM4 psf per month) Concluded by: Meifen Low (REN 06451) of Huttons OneWorld Realty (012-6530714) When: February 2018 Noteworthy: ● 750 sq ft ● High floor ● 2 bedrooms and 2 bathrooms ● Fully furnished ● Managed by Swiss Garden International Hotel ● Located in Kuala Lumpur’s Golden Triangle, within walking distance to Pavilion, Starhill Gallery and many other malls According to Meifen Low, the negotiator who closed the deal, the owner is an investor from East Malaysia who bought the unit many years ago.

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