News about YTL

KUALA LUMPUR (July 15): Malaysian real estate investment trusts (REITs) may soon be able to buy vacant land and engage in property development activities if a new proposal by the Securities Commission Malaysia (SC) garners positive response.

•    Flanked mainly by old shop houses, Jalan Ipoh is reminiscent of bygone days.

KUALA LUMPUR: Quarry equipment distributor SCH Group Bhd’s revenue may decline 20% in the current financial year ending Aug 31, 2016 (FY16) due to the property market slowdown, according to its managing director cum deputy chairman Lau Mong Ling.

KUALA LUMPUR (Nov 20): YTL Corp Bhd has awarded the contract to manage its two new upscale hotels in Koh Samui, Thailand and Niseko Village, Hokkaido, Japan to global hotel company Marriott International Inc.

Rented for: RM3,400 per month Concluded by: C N Liew of GS Realty (014-2270307) When: June, 2015 Noteworthy: * 1,920 sq ft land area * 3,300 sq ft built-up * Current asking price is RM1.

KUALA LUMPUR (Aug 21): Conglomerate YTL Corp Bhd saw a 15.

The grand old Sentul neighbourhood has seen more futuristic-looking additions to its skyline since YTL Land and Development Bhd rolled out its Sentul Masterplan 13 years ago.

A mere 13 years ago, YTL Land & Development Bhd (YTL Land) kickstarted a multi-billion ringgit urban renewal project in Kuala Lumpur’s Sentul district, with its historic pre-war shophouses, temples, churches, public housing and the old Malayan Railway train depot .

KUALA LUMPUR (June 26): Railway tracks, godowns, temples, living quarters and shops from a bygone era: this image of Sentul, one of Kuala Lumpur’s original districts, is gradually giving way to condominiums, private landscaped parks and arts spaces, thanks to the urban redevelopment project undertaken by YTL Land and Development Bhd over a decade ago.

• Following from last week’s focus on Kuala Lumpur’s Jalan Ipoh, we take a look at non-landed residences in the neighbouring Sentul area this week.