News about UK

PETALING JAYA (May 9): The residents of Taman Tun Dr Ismail (TTDI) are livid over the Federal Territories (FT) Minister Datuk Seri Tengku Adnan Tengku Mansor’s response to residents’ concerns about the proposed serviced apartment development which involved parts of Taman Rimba Kiara in the neighbourhood.

KUALA LUMPUR (May 9): The company controlled by China's richest man is now the front runner to lead the development of Bandar Malaysia after Putrajaya last week dropped the consortium that was earmarked to buy a majority stake in the project, the Singapore daily The Straits Times reported today.

PUTRAJAYA (May 8):  The development at the Rimba Kiara Tanam site in Taman Tun Dr Ismail (TTDI), Kuala Lumpur, will go ahead despite opposition, said Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor.

SINGAPORE (May 3): 1Q17 real estate transaction volumes in the UK have hit their highest level since 2015, driven by Asian investors whose confidence remains undeterred even in the face of uncertainties regarding Brexit.

MELAKA (May 3): Two former officials of a mosque committee here are in remand for four days beginning today to facilitate investigation into the sale of the mosque's endowment land half a decade ago, Bernama reported today.

KUALA LUMPUR (May 2): Sunway Real Estate Investment Trust (Sunway REIT) says it is on track to achieve its RM10 billion property value target by the financial year ending June 30, 2020 (FY20) — which is just a little over three years away — via both asset enhancement initiatives and acquisitions of new strategic assets.

SINGAPORE (April 26): Real estate and investment company Rowsley yesterday reported a net loss of S$1.

KUALA LUMPUR (April 26): Thriven Global Bhd said its audited net loss for the financial year ended Dec 31, 2016 (FY16) was much larger as compared the unaudited net loss, due to impairment on the disposal of Bukit Tunku land.

KUALA LUMPUR (April 26): Hektar Real Estate Investment Trust (REIT) is undertaking new asset enhancement initiatives (AEIs) worth RM62 million for two of its malls.

SINGAPORE (April 26): The United Kingdom continues to remain as one of the top destinations for Singaporeans looking to invest in property overseas, according to a survey commissioned by IP Global.