Lendlease unveils Park Place Residences at PLQ
AUSTRALIAN-listed property developer and infrastructure group Lendlease will preview Park Place Residences at Paya Lebar Quarter (PLQ) on March 11.
DONE DEAL: Second storey of a three-storey shoplot at Quartermile, Bayan Baru, Penang
Rented for: RM2,700 a month Concluded by: Mayzel Wong (REN 17359) of Khoo & Associates Realty (017-575 8999) When: November 2016 Noteworthy: ● Leasehold ● 1,500 sq ft floor space ● Nearby amenities such as F&B outlets, children’s learning centre, food court and morning market ● About 16km from George Town, 5km from Penang International Airport and 8km from the Penang Bridge The intermediate unit is located at Quartermile, a leasehold commercial development located in Bayan Baru, Penang.
Tight lending environment could continue until 2019
SETIA ALAM (March 4): Banks are not expected to loosen their lending policy in the next three years although the country's loan approval rate in 2016 was at a historical low, said Smart Financing CEO Gary Chua.
Target the consumers, not the digital start-ups, real estate agents told
SETIA ALAM (March 4): Property agents should not worry too much about being ousted by property portals and should work with them instead to leverage these portals’ traffic, said Celcom Planet Sdn Bhd (11street.
GIC announces joint acquisitions of S$1.05 bil Washington DC office portfolio
SINGAPORE (Feb 23): Singapore’s sovereign wealth fund GIC says it has formed joint ventures (JVs) with a group of investors to acquire over 2.
US federal court approves plan to sell Jho Low’s hotel
KUALA LUMPUR (Feb 23): A US federal judge has given the green light for the US Department of Justice (DoJ) and New York developer Steven Witkoff’s proposed plan to sell the Park Lane Hotel, The Wall Street Journal (WSJ) reported.
UOA Development 4Q earnings multiply threefold, proposes 15 sen dividend
KUALA LUMPUR (Feb 22): UOA Development Bhd’s net profit multiplied threefold to RM345.
WZR Property strengthens presence in Bukit Jalil
BUKIT Jalil in Kuala Lumpur has been in the limelight ever since it was chosen as the location for the National Sports Complex, the venue of the 1998 Commonwealth Games.
Five common mistakes when investing in overseas properties
Sometimes investing in property overseas could be a good move to avoid putting all your eggs in one basket.
KIP REIT eyes more acquisitions
KUALA LUMPUR (Feb 7): KIP Real Estate Investment Trust (KIP REIT) will be looking for acquisition opportunities in Malaysia to expand its KiP brand of hybrid community-centric retail centres nationwide.
