News about Sentral

KUALA LUMPUR (July 1): MRCB-Quill Real Estate Investment Trust (MRCB-Quill REIT) is buying Menara Shell in KL Sentral from Malaysian Resources Corp Bhd (MRCB) for RM640 million.

AS land in Kuala Lumpur becomes scarce, more and more developers are shifting towards creating all-in-one lifestyle products.

KUALA LUMPUR (June 16): Mah Sing Group Bhd will be launching RM1.

PETALING JAYA (June 1): Malaysian Resources Corp Bhd (MRCB) has set a RM1 billion sales target for 2016 — a risky bet considering that its 2015 sales only amounted to RM850 million, while the real estate market remains muted.

Mah Sing Group Bhd (May 26, RM1.

KUALA LUMPUR (May 17): IJM Land Bhd will be unveiling its first commercial development in Pantai Sentral Park in Bukit Kerinchi, Kuala Lumpur, which carries a gross development value (GDV) of about RM500 million by the end of this year, said IJM Land Bhd central region senior general manager Hoo Kim See.

PETALING JAYA (April 6): IJM Land Bhd is allowing buyers of homes in selected schemes to pay nothing for up to 12 months upon vacant possession, as well as a zero-interest instalment scheme for up to 36 months under its Free Stay @ No Pay campaign, the group announced in a press release today.

KUALA LUMPUR (April 6): Pelaburan Hartanah Bhd (PHB) continues to be on the lookout for suitable properties for possible injection into Amanah Hartanah Bumiputera (AHB) and to further increase its fund size, said its group managing director and chief executive officer Datuk Kamalul Arifin Othman.

KUALA LUMPUR (April 2): Kota Kinabalu-based property developer Borneo Estate Development Sdn Bhd is planning a RM4.

KUALA LUMPUR (April 1): Aseana Properties Ltd, a London-listed property developer in which Ireka Corp Bhd has a 23% stake, is selling the Aloft Kuala Lumpur Sentral Hotel in Malaysia to Prosper Group Holdings Ltd for RM418.