News about UK

IN early March, Chinatown Hotel on Teck Lim Road was put up for sale.

KUALA LUMPUR (April 3): Eco World International Bhd (EWI) will be submitting a 'compelling' proposal to its Singapore-listed strategic shareholder GuocoLand Ltd to seal a partnership between the two property developers.

SINGAPORE (April 3): SGX-listed property group GuocoLand Ltd has marked its expansion into the UK and Australia via its joint-venture company, Eco World International (EWI).

EXSIM Development Sdn Bhd head of planning and development (residential/commercial) Michael Yam strongly believes that high-rise living is a trend that will soon become a norm in the major cities of Malaysia.

PUTRAJAYA (March 31): Malaysians should change their mindset and rent houses for a longer period instead of buying them at a young age so as to avoid being trapped in a huge long-term debt, says Second Finance Minister Datuk Seri Johari Abdul Ghani (pictured).

KUALA LUMPUR (March 30): Yong Tai Bhd’s largest shareholder, Hong Kong-listed Impression Culture Asia Ltd, has pared down its controlling stake in the company to 28.

SHAH ALAM (March 30): Pavilion Real Estate Investment Trust (Pavilion REIT) expects "flattish" rental growth in 2017 for its Pavilion Mall in Kuala Lumpur amid a challenging economic environment.

PETALING JAYA (March 29): Mah Sing Group Bhd’s (Mah Sing) first RUMAWIP project, Residensi Seri Wahyu in Taman Wahyu, Kuala Lumpur has achieved 100% take-up rate within two hours for the 500 units launched today.

KUALA LUMPUR (March 28): Bukit Hitam Development Sdn Bhd, property arm of TAHPS Group Bhd, plans to launch a landed development project with a gross development value (GDV) of more than RM100 million.

THE year 2013 was a seminal one for property developers.