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KUALA LUMPUR (Aug 11): The Malaysian Government extended Mass Rapid Transit Corp Sdn Bhd (MRT Corp) chief executive officer (CEO) Datuk Seri Shahril Mokhtar's (pictured) contract with the company for another two years.

UEM Sunrise Bhd (Aug 10, RM1.

PETALING JAYA (Aug 10): Following the purchase of 30 units in i-Suite and 120 units in i-SoHo at i-City in Shah Alam by real estate agency Chester Properties, both phases have achieved 100% sales, said developer I-Bhd in a statement today.

PETALING JAYA (Aug 10): The KL fringe and Selangor office markets are expected to remain subdued while KL city is expected to face downward pressure underpinned by persistent low oil prices, said property consultancy firm Knight Frank Malaysia in its “Real Estate Insights research report for 1H2016”.

KUALA LUMPUR (Aug 10): Property developer Yong Tai Bhd is despatching a circular to its shareholders today on its proposed corporate exercise to bring in Hong Kong-listed Sino Haijing Holdings Ltd as a new substantial shareholder.

PETALING JAYA (Aug 10): The immediate outlook of Penang’s property market will be challenging amid difficulties in the global and national economic environment, said property services firm Knight Frank Malaysia in its latest report.

JUST last week, Perda City Mall in Bukit Mertajam, Penang, suddenly shut down after a mere 18 months in business.

GAMUDA Land Sdn Bhd, the property arm of construction group Gamuda Bhd, is known for its successful township developments such as Kota Kemuning, Bandar Botanic, Valencia and Jade Hills in the Klang Valley as well as Horizon Hills in Johor.

PETALING JAYA (Aug 9): With lower volume and value of transactions recorded in the first half of 2016, the market outlook for high-end condominiums in Kuala Lumpur remains slow as buyers and investors continue to adopt a “wait-and-see” approach, said property consultancy firm Knight Frank Malaysia.

PETALING JAYA (Aug 9): While fewer launches of high-rise homes in Johor Bahru are planned this year, the market will still need time to digest its existing and incoming supply of high-rise homes, said Knight Frank Malaysia in its latest property market report.