Low demand to impact businesses
THE Kuala Lumpur office market will remain restrained in the near future despite opportunities for investors, institutional funds and real estate investment trusts.
Sunway Velocity Mall targets 100% occupancy by 2H2017
PETALING JAYA (Dec 9): Sunway Velocity Mall in Cheras is aiming for 100% occupancy by 2H2017, said Sunway Malls and Theme Parks CEO HC Chan at the soft opening of the mall yesterday.
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Sunway Iskandar previews first pre-fabricated luxury landed homes in Malaysia
PETALING JAYA (Dec 2): Sunway Property, the property division of Sunway Bhd, together with Japan-based Daiwa House Group Malaysia subsidiary — Daiwa House Malaysia Sdn Bhd, recently held a preview of the newly completed Sakura Residence show unit.
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Sunway Pyramid triumphs in PPK Best Experiential Marketing Awards 2016
KUALA LUMPUR (Nov 28): Sunway Bhd’s shopping malls scored a double win at the inaugural Malaysia Shopping Malls Association’s (PPK) Best Experiential Marketing Awards 2016 held last Friday (Nov 25).
Symphony Life to launch Union Suites @ Sunway and The Wharf Mall in Puchong come 2017
AMPANG JAYA (Nov 25): Symphony Life Bhd (formerly known as Bolton Bhd) is looking to launch two non-landed residential projects in Bandar Sunway and Taman Tasik Prima, Puchong in Selangor in 2017.
DONE DEAL: Zefer Hill Residence condominium, Bandar Puchong Jaya, Selangor
Sold for: RM600,000 (RM383 psf) Concluded by: Stanley Hang (REN 16576) of MIP Properties (012-735 5110) When: October 2016 Noteworthy: ● Freehold ● Built-up area: 1,565 sq ft ● 3+1 bedrooms and 3 bathrooms ● Facilities include swimming pool, Jacuzzi, observation deck, landscaped garden, barbeque area, squash court, badminton court, sauna and playground ● Nearby amenities: IOI Mall Puchong, IOI Puchong Jaya LRT station, Bandar Puchong Jaya Secondary School, Tesco Hypermarket and Setia Walk ● Easy access to Taylor’s University, Sunway Univeristy, Sunway Pyramid and Sunway Medical Centre via highways Developed by Villamas Group, the 5.
Sunway Construction profit rises 21% as margin improves
KUALA LUMPUR (Nov 23): Sunway Construction Group Bhd’s (SunCon) third quarter net profit climbed 21% year-on-year (y-o-y) on stronger earnings from its construction segment, which saw a better profit before tax (PBT) margin of 9.
Sunway to turn office blocks above upcoming mall into REIT product
SUBANG JAYA (Nov 16): Sunway Bhd plans to turn the office blocks located above the upcoming Sunway Velocity Mall into a real estate investment trust (REIT) product.
