Mad3 Studio

WHO: Tang Mun Kian, Desmond Phang and Bernard Chong met while working at the same advertising agency and struck up a friendship that has endured for more than a decade and counting.

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West End Homes sold higher than £2,250 psf

PETALING JAYA (Feb 24): About 33% of London’s West End homes were sold for above £2,250 psf in the final quarter last year (4Q2015), compared with 10% of the market a year ago, said international property services firm CB Richard Ellis (CBRE) senior director Jamie Gunning in the firm’s report on the area’s residential market.

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Knight Frank: 72% of investors eyeing commercial properties in 2016

KUALA LUMPUR (Feb 23): About 72% of property developers, fund and real estate investment trust (REIT) managers and lenders intend to invest in commercial properties in 2016, despite 57% of respondents saying they are less optimistic on the sector’s outlook, according to a new survey by global property consultancy Knight Frank.

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Only World Group on acquisition trail

SHAH ALAM (Dec 30): Only World Group Holdings Bhd (OWG), which aims for a 50% growth in revenue this financial year ending June 30, 2016 (FY16), expects to seal an investment deal “in the next couple of months”.

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