News about TM

The Edge Investment Forum on Real Estate 2016 was held on April 30 with the theme "Riding out the storm: Pitfalls to avoid".

KUALA LUMPUR (May 4): Ho Hup Construction Co Bhd has won a RM58 million subcontract to undertake structures and bridge works in Perak, which are part of the West Coast Expressway.

PETALING JAYA (May 3): Malaysia has been placed fifth in the the Global Infrastructure Investment Index (GIII) 2016 in the ranking by global design and consultancy firm Arcadis.

KUALA LUMPUR (April 25): Hektar Real Estate Investment Trust (REIT) will continue its mall enhancement initiatives this year, allocating RM20 million to increase the overall net lettable areas (NLA) of Landmark Central in Kedah by 20,000 sq ft to 300,000 sq ft.

KUALA LUMPUR (April 21): Eastern & Oriental Bhd (E&O) has cancelled the proposed admission of the securities of its indirect wholly-owned Eastern & Oriental Property (UK) Ltd (E&O UK) to trade on the London Stock Exchange (LSE), citing unstable global market conditions and exchange rate volatility as the reasons.

•    Today, we look at price growth and indicative asking rental yields for non-landed homes in Setapak, Kuala Lumpur.

VICTIMS of abandoned projects often feel like they are trapped in a nightmare and usually blame themselves.

KUALA LUMPUR (April 14): A study by international property consultancy CBRE has shown that properties within and around regeneration zones experience a substantial growth in prices that outpaces properties within other local authorities in London.

KUALA LUMPUR (April 12): Tropicana Corp Bhd said all the conditions precedent for the proposed disposal of Dijaya Plaza in Jalan Tun Razak here have been satisfied and that the sale and purchase agreement dated Jan 28 has become unconditional.

KUALA LUMPUR (April 9): Gabungan AQRS Bhd, a construction and engineering service provider as well as niche property developer, said its subsidiary is selling a piece of land for RM50.