Meliá Group expands in Southeast Asia
WHEN Gabriel Escarrer opened his first hotel in Palma de Mallorca, Spain, in 1956, it was the starting point of Meliá Hotels International’s growth.
PROPERTY SNAPSHOT 4: What’s hot in South Central PJ?
This is the final part in a series of four snapshots on South Central Petaling Jaya.
Steel tycoon Cheng sells more land
STEEL tycoon Tan Sri William Cheng Heng Jem (pictured, below) has been selling land of late.
Massive South Oceans beachfront project set to change the face of Kuala Rompin, Pahang
PETALING JAYA (Nov 17): Malaysian and SIngaporean-owned Kairos & Dashen Resources (Rompin) Bhd is looking for developers and hotel and theme park operators to jointly develop its South Oceans beachfront mixed-use development in Kuala Rompin, Pahang.
RM7b Pavilion Damansara project to start in 2Q2016
THE two-phase Pavilion Damansara Heights mixed-use development in Kuala Lumpur, being undertaken by Tan Sri Desmond Lim Siew Choon in partnership with the Canada Pension Plan Investment Board (CPPIB), will have a gross development value of RM7 billion, sources familiar with the project say.
Tribunal rules 28 Boulevard soho units GST exempt
KUALA LUMPUR (Nov 17): Housing developer Best Boulevard Sdn Bhd which is constructing small offices-home office (soho) units in Kuala Lumpur has been exempted from imposing the 6% goods and services tax (GST) on its buyers.
Third block of Maple Residences 40% sold
PETALING JAYA (Nov 16): Block C of Maple Residences serviced apartments in Bandar Bestari Klang, Selangor, by KSL Holdings Bhd is 40% sold since it was launched on Nov 1, said project director Patrick Khoo.
S P Setia buys land in Melbourne for third Australian project
KUALA LUMPUR (Nov 17): Property developer S P Setia Bhd has made its third inroad into the Australian property market with its acquisition of a parcel of land in Melbourne for A$6.
Sime Darby Property bags HR Asia award
KUALA LUMPUR (Nov 16): Sime Darby Property won the HR Asia Best Companies to Work for in Asia 2015 (Malaysian chapter) award on Nov 13 at the Intercontinental Hotel in Kuala Lumpur.
Young Malaysian graduates rushing to buy homes out of fear, says Khazanah Research Institute director
Petaling Jaya (Nov 16): Fresh graduates feel compelled to buy property quickly because they fear prices will soon outpace the growth of their income, said Khazanah Research Institute director of research Dr Suraya Ismail.
