PROPERTY SNAPSHOT 4: What’s hot in Ampang?
This is the final part in a series of four snapshots on Ampang.
"No fire sale yet" in the property market, says consultant
PETALING JAYA (October 21): Despite the slowdown in the property market, there are no fire sales on the secondary market because of the strong holding power of Malaysian buyers, said Stephen Yew, executive director of The One Property International Sdn Bhd.
Ampang Park Shopping Centre owners still in limbo
KUALA LUMPUR (Oct 21): Ampang Park Shopping Centre owners remain in limbo after their much anticipated meeting with the mall’s management yesterday over the compulsory acquisition of the building.
Glomac calls on Bank Negara to ease lending rules
KUALA LUMPUR: Bank Negara Malaysia should ease and provide more flexibility for end-financing of property purchases, especially for first-time buyers, said Glomac Bhd group managing director Datuk Seri Fateh Iskandar Mohamed Mansor (pictured).
WCT to reap about RM60m profit from TRX contract win
KUALA LUMPUR (Oct 21): WCT Holdings Bhd is expected to reap only about RM60 million in pre-tax profit from the RM754.
Premium Pan Pacific branded suites to join the Puteri Cove Residences
SINGAPORE (Oct 21): Malaysia’s first Pan Pacific Serviced Suites, a joint venture by Singapore-based real estate developers Pacific Star and DB2 under their joint member company Pearl Discovery Development Sdn Bhd, is scheduled to open in early 2018 at Puteri Harbour in Nusajaya, Iskandar Malaysia.
Edgy art'otel to open at £80 bil Battersea Power Station development
LONDON (Oct 20): Battersea Power Station Development Company (BPSDC) and art’otel have confirmed the signing of a hotel management agreement for the art’otel london battersea power station, which is scheduled to open in 2019 in the heart of London.
Hunza Properties buys land in Penang for affordable housing
KUALA LUMPUR (Oct 20): Hunza Properties Bhd is acquiring a 3.
Minor-Khazanah tie-up to build RM243m Anantara resort in Desaru
Minor Hotel Group (MHG), the hospitality unit of Thailand-listed Minor International PCL, has teamed up with Khazanah Nasional Bhd’s Themed Attractions Resorts & Hotels Sdn Bhd (TAR&H) to develop a US$58 million (RM243 million) resort in Desaru, Johor.
