THE most anticipated property transaction next year is the sale of the final component within BlackRock Inc’s The Intermark integrated development in Jalan Tun Razak, Kuala Lumpur — Vista Tower, a Grade A office building.
PETALING JAYA (Dec 30): Transactions in commercial and investment properties are anticipated to be priced 10% to 20% below their perceived market value in 2017, said Knight Frank Malaysia managing director Sarkunan Subramaniam in a press release on Knight Frank’s real estate round-up of 2016 and outlook for 2017, today.
SINGAPORE (Dec 30): Lower sales from Second Chance Properties’ apparel, properties and securities business cut its 1Q17 net profit by half to S$1.
KUALA LUMPUR (Dec 30): Berjaya Corp Bhd (BCorp) reported a 44% year-on-year rise in net profit in the second quarter of financial year 2017 (2QFY17), largely due to improved contribution from its property investment and development business segment.
TECHNOLOGY can help elevate the standard of living of a building’s occupants both within their units and outside.
KUALA LUMPUR (Dec 29): Sarawak Consolidated Industries Bhd is acquiring Carlton Gardens Sdn Bhd for RM9.
KUALA LUMPUR (Dec 29): Mulpha International Bhd said it is subscribing for US$60 million (RM268.
KUALA LUMPUR (Dec 29): Econpile Holdings Bhd, along with its joint venture (JV) partner China Communications Construction Co (M) Sdn Bhd (CCCC), has won an RM389.
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