China’s Wanda roped in for Langkawi project

LANGKAWI (Aug 9): Property developer Cenang Resort Sdn Bhd yesterday announced a strategic partnership with China’s largest five-star hotel management company, Wanda Hotels & Resorts Co Ltd, which will see the latter manage the Wanda Realm Resort Langkawi within the Tropicana Cenang mixed development here.

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Location blamed for unsold low-cost homes

KUALA LUMPUR (Aug 8): Industry players say the perceived slow demand in low-cost housing units is mainly due to difficulty in securing financing, unsuitable location of projects as well as a shift in demand towards better quality projects.

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MACC makes another arrest over FIC’s Kuching hotel purchase

KUALA LUMPUR (Aug 1): The Malaysian Anti-Corruption Commission (MACC) arrested a former special officer to a former Felda chairman to assist in the probe into the purchase of a hotel in Kuching, Sarawak by Felda Investment Corp (FIC), Bernama reported today The anti-graft body’s chief commissioner Datuk Dzulkifli Ahmad said the man was held at 4am at the MACC’s Putrajaya Office where he had gone to provide a statement, Bernama reported.

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Melawati Mall targets 80% occupancy by year end

  PETALING JAYA (July 27): Melawati Mall in Taman Melawati, Kuala Lumpur opened its doors yesterday to serve an estimated 740,000 residents in the surrounding neighbourhoods which include Taman Melawati, Taman Melati, Wangsa Maju, Bukit Antarabangsa, Ukay Heights, and Kemensah Heights.

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