News about ar

KUALA LUMPUR: UEM Sunrise Bhd, the largest landlord in the Iskandar region in Johor, has seen its share price shrink to only one-third of its peak at RM3.

•    This week, we focus on one of Kuala Lumpur’s trendiest neighbourhoods, Bangsar.

KUALA LUMPUR (May 22): Principal Place Residential Ltd will be launching 90 units of luxury apartments named Upper House at Mandarin Oriental Hotel in Kuala Lumpur this weekend.

PETALING JAYA (May 22): Resimax Group is showcasing its Northern Growth Corridor (NGC) residential project in Melbourne’s economic development zone at Mernda and Epping this weekend at InterContinental Hotel, Kuala Lumpur.

KUALA LUMPUR (May 21): Property developer UEM Sunrise Bhd is taking steps to limit its exposure to Iskandar Johor as the area has been plagued by oversupply of property development projects.

PETALING JAYA (May 21): The first quarter of 2015 (1Q2015) saw significant new supply of condominiums, reported DTZ Research.

•    Today we look at price growth and indicative asking rental yields for non-landed residences in the KLCC area.

KUALA LUMPUR (May 20): Builder-cum-property developer WCT Holdings Bhd, which had earlier planned to set up a RM2 billion real estate investment trust (REIT) this year, may postpone the exercise until 2016.

SHANGHAI (May 19): JW Marriott Hotels & Resorts continues to expand its luxury portfolio in China through its 11th property – the JW Marriott Hotel Zhejiang Anji, which opened yesterday.

PETALING JAYA (May 19) – Landmarks Bhd, through its wholly-owned subsidiary PT Bintan Hotel Utama (PTBHU), yesterday entered into a joint-venture (JV) agreement with ML Hotel Investments Pte Ltd (ML Hotel) to develop, own and operate two global hotel chains, Mercure and ibis Budget, in Treasure Bay Bintan, Bintan Island, Indonesia.