Napic: Performance of retail and offices softened in KL for 2015
PETALING JAYA (April 21): There was a drop in occupancy rate for retail spaces in Kuala Lumpur by 2.
Napic: Despite slowdown, KL landed home values continued to grow in 2015
PETALING JAYA (April 21): The Federal Territory KL’s (KL) property market saw a slight moderation as the market activity and construction sector softened, but prices of landed residential property still recorded strong growth in 2015.
Crest Builder to jointly develop Jalan Ampang land with MRB
KUALA LUMPUR (April 21): Crest Builder Holdings Bhd’s 51%-owned unit, Landasan Bayu Sdn Bhd, has entered into a joint development agreement with the Malaysian Rubber Board (MRB) for the development of the latter’s piece of land in Jalan Ampang, Kuala Lumpur.
E&O aborts UK unit’s planned London Stock Exchange listing
KUALA LUMPUR (April 21): Eastern & Oriental Bhd (E&O) has cancelled the proposed admission of the securities of its indirect wholly-owned Eastern & Oriental Property (UK) Ltd (E&O UK) to trade on the London Stock Exchange (LSE), citing unstable global market conditions and exchange rate volatility as the reasons.
Qingjian’s The Visionaire presents next-generation smart home
IN THE near future, you can truly multitask with just a smartphone application: Brush your teeth, check your calendar and email, and watch the news in the bathroom via the monitor screen-cum-mirror.
PROPERTY SNAPSHOT 4: What’s hot in Setapak?
• Today, we look at price growth and indicative asking rental yields for non-landed homes in Setapak, Kuala Lumpur.
Former EON CEO Hisham Othman to head Hektar REIT
KUALA LUMPUR (April 20): Hektar Real Estate Investment Trust (REIT) founder and chief executive officer (CEO) Datuk Jaafar Abdul Hamid will be resigning as the CEO of its management company Hektar Asset Management Sdn Bhd (HAM) on May 1.
More contract wins in the pipeline for Suncon
Sunway Construction Group Bhd (April 19, RM1.
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Significant Magna Prima stake up for sale?
THE controlling shareholders of property developer Magna Prima Bhd are understood to be looking to hive off a large stake of about 30% in the company, sources say.
Latitud 8 at Jalan Ampang to be unveiled by year-end
KUALA LUMPUR (April 19): Crest Builder Holdings Bhd has enterd into a joint venture (JV) with Prasarana Malaysia Bhd and Detik Utuh Sdn Bhd to develop Latitud 8, a mixed-commercial development which has a total gross development value (GDV) of RM1.
