Hotels mushrooming in Malaysia
Despite missing the tourist arrival target in 2017, industry experts remain upbeat about the Malaysian hospitality sector.
PNB leases out London Aviation House office space to WeWork
PETALING JAYA (May 25): US-based shared office space provider WeWork Companies Inc (WeWork) is now Permodalan Nasional Bhd’s (PNB) newest tenant at its historic Aviation House building in London.
Double joy for participant of EdgeProp.my Symposium on Excellent Property Management 2018
PETALING JAYA (May 25): It was double joy for Tan Hooi Im, the grand prize winner of a lucky draw held during the EdgeProp.
Nippon Paint sets up fund to benefit Asian design students at Harvard University
PETALING JAYA (May 25): NIPSEA Group, known throughout Asia as Nippon Paint, has established a fund at the Harvard University Graduate School of Design (GSD) to provide financial aid to GSD students from Asian countries.
Bina Puri to raise up to RM29.8m via private placement
KUALA LUMPUR (May 25): Bina Puri Holdings Bhd has proposed to raise up to RM29.
Sime Darby Property's 3Q profit jumps 18-fold on lower provisions
KUALA LUMPUR (May 25): Sime Darby Property Bhd (SD Property) saw an 18-fold year-on-year (y-o-y) rise in net profit for the third quarter ended March 31, 2018 (3QFY18) to RM33.
Sunsuria's 2Q profit jumps on continued contribution from ongoing projects
KUALA LUMPUR (May 25): Sunsuria Bhd announced a 69% surge in net profit to RM30.
YTL Corp 3Q net profit down 52.4% on lower construction margins
KUALA LUMPUR (May 25): YTL Corp Bhd’s net profit for the third quarter ended March 31, 2018 (3QFY18) fell 52.
MKH gears up for 2H18 launches
KUALA LUMPUR (May 25): MKH Bhd is planning to launch properties worth some RM581 million in GDV in the second half of the year, its managing director Tan Sri Eddy Chen told EdgeProp.
DONE DEAL: Condominium at Kiara 1888, Mont'Kiara, KL
Sold for: RM800,000 (RM489 psf) Concluded by: Michelle Cheong (REN 18391, 016-502 0868) and Bonnie Poo (REN 18552, 012-256 7566) of Landbanc Property When: December 2017 Noteworthy: ● Freehold ● High floor unit with built-up of 1,636 sq ft ● 3 + 1 bedrooms and 3 bathrooms ● Fully furnished with furniture, wallpaper, kitchen cabinet and curtains ● Accessible via Jalan Segambut, the Sprint Highway, Jalan Duta-Sungai Buloh Highway, Kerinchi Link and North-South Expressway ● Facilities include infinity pool, Jacuzzi, gymnasium, nature park, meditation garden and spa pavilion Completed in end-2008, Kiara 1888 is Mitraland Group’s first luxury high-rise residential development in Mont’Kiara with just 182 units of condominium spread across a 26-storey tower.
