Penang tunnel probe: Woman engineer remanded

PUTRAJAYA (Jan 24): The Magistrate’s Court here today issued an order to remand an engineering consultant for five days up to Jan 28 to assist the Malaysian Anti-Corruption Commission (MACC) in their probe into the planned undersea tunnel project in Penang, Bernama reported today.

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Downsizing the way to go for retailers

PETALING JAYA (Jan 22): Considering the challenges faced by the Malaysian retail sector, more retailers are reviewing their business strategy including downsizing, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.

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Property investment sales expected to remain soft until 2H18

KUALA LUMPUR (Jan 22): Property investment sales are expected to continue to slow down until the second half of 2018, after the Malaysian general elections have taken place, said property consultancies property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.

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Headwinds in the office market thanks to supply glut

PETALING JAYA (Jan 22): The Kuala Lumpur office market is likely to remain subdued due to supply glut, with developments such as Tun Razak Exchange (TRX), Merdeka PNB 118 and Sapura Tower nearing completion, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd in their “Kuala Lumpur Q4 2017: Retail sector was undergoing stress test” report.

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