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KUALA LUMPUR (July 1): MRCB-Quill Real Estate Investment Trust (MRCB-Quill REIT) is buying Menara Shell in KL Sentral from Malaysian Resources Corp Bhd (MRCB) for RM640 million.

KUALA LUMPUR (July 1): Property developer S P Setia Bhd is set to launch its latest luxury condominium project in Taman Seputeh, Kuala Lumpur this September.

PETALING JAYA (June 30): The Four Seasons Hotel in Kyoto — developed by Kyoto Higashiyama Hospitality Assets TMK, a 50:50 joint venture between Berjaya Corp Bhd and Berjaya Land Bhd — is scheduled to hold its grand opening in Dec 2016, said Berjaya Corp in a press statement today.

BAGAN SERAI (June 30):  MK Land Holdings Bhd is planning to develop a new industrial area at Beriah Valley, Alor Pongsu, near here, Bernama reported today.

Eco World Development Group Bhd, June 29 (RM1.

GEORGE TOWN (June 30): The Penang government yesterday rebutted Consortium Zenith BUCG Sdn Bhd’s (CZBUCG) claim that the latter has yet to receive RM100 million as payment for the feasibility studies and detailed design work the consortium had completed so far for the RM6.

TEAMBUILD Land, the property development arm of Teambuild Construction, has developed 20 residential developments and one mixed-use development totalling 910 units over the last eight years.

•    Today, we look at price growth and indicative rental yields for non-landed homes in Taman Desa.

PETALING JAYA (June 29): The National House Buyers’ Association (HBA) hopes that the new Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar will encourage greater home ownership.

KUALA LUMPUR (June 29): Property developer Eastern & Oriental Bhd (E&O) said Brexit will not negatively impact the total net realisable value of the group’s properties in the United Kingdom.