IKEA mulls third Klang Valley store

JOHOR BAHRU (March 29): Swedish furniture maker IKEA is eyeing a third store in the capital of Malaysia but there is no timeline as to when the development will be announced.

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DRB-Hicom swaps real estate for tracts in Tebrau

KUALA LUMPUR (March 9): DRB-Hicom Bhd intends to swap its real estate, including land and a golf resort in the Klang Valley, with its controlling shareholder Tan Sri Syed Mokhtar al-Bukhary (pictured) for industrial land in Tebrau, Johor, and RM288.

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‘Johor developers clearing stock, postponing launches’

PETALING JAYA (Jan 29): The second half of 2017 saw some property developers postponing new launches while clearing existing stocks by offering attractive discounts and incentives, including absorbing legal fees, stamp duties and providing furnishing in some projects, according to property consultancy Knight Frank Malaysia.

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