Ireka to embark on RM1.3b GDV project in Nilai by 2Q
KUALA LUMPUR (April 13): Ireka Corp Bhd is projected to kick-start its Rimbun Kasia development, which has a gross development value (GDV) of RM1.
Ireka to jointly develop Rimbun Kasia in Nilai with Japan-based Hankyu Hanshin
KUALA LUMPUR (April 9): Ireka Corp Bhd is set to jointly develop the Rimbun Kasia project in Nilai with Hankyu Hanshin Properties Corp (Hankyu Hanshin).
Alpha fund sells Shanghai International Plaza to LaSalle
SINGAPORE (April 6): Alpha Asia Macro Trends Fund II (AAMTF II) has sold Shanghai International Plaza, an office-and-retail property, to LaSalle Investment Management.
Malaysia’s super rich own the most homes in Asia Pacific
KUALA LUMPUR (April 5): Malaysia’s ultra-high-net-worth individuals (UHNWIs) take the lead when it comes to owning the most number of primary and secondary homes in the Asia-Pacific region, according to The Wealth Report Attitudes Survey 2018, which is part of independent global property consultancy Knight Frank’s 12th edition of The Wealth Report.
Two Malaysians sweep top award at “Asia Young Designers of The Year” 2017/2018
PETALING JAYA (March 22): Two Malaysians were crowned the winners at the Asia Young Designers of the Year 2017/18 at the Asia Young Designer Summit 2017/18, beating entries from 12 other countries including Hong Kong, Taiwan, India, Indonesia, Iran, Japan, Pakistan, Philippines, Singapore, Sri Lanka, Thailand and Vietnam.
Kuala Lumpur falls out of top 100 most liveable city for Asian expats
PETALING JAYA (March 13): The capital of Malaysia has been ranked a lowly 126th in a list of the most liveable cities for Asian expats by ECA International.
Platinum Victory’s PV18 Residence 50% taken-up
KUALA LUMPUR (March 8): Platinum Victory Development Sdn Bhd’s PV18 Residence has registered a 50% take-up rate since its weekend launch held on March 3.
Low-density condominium Damansara Fifty6 coming up in Damansara Heights
KUALA LUMPUR (March 2): Damansara Fifty6 Sdn Bhd, a wholly-owned subsidiary of Allstones Group Asia Sdn Bhd has launched Damansara Fifty6, a low-density condominium project in Damansara Heights, Kuala Lumpur today.
Parkson still in the red with RM13.8m 2Q net loss
KUALA LUMPUR (Feb 26): Parkson Holdings Bhd remained in the red for its fourth consecutive quarter, reporting a net loss of RM13.
Penang’s The Rice Miller project seeks saviours
PETALING JAYA (Feb 19): The receivers and managers of Asian Global Business Sdn Bhd, the developers of The Rice Miller Hotel and Residences project in George Town, Penang, are looking for white knights to rescue the project, reported The Edge weekly.
