Opportunities in a soft market

THE outlook for Malaysia’s property market may not be bright at the moment but JLL Property Services (Malaysia) Sdn Bhd country head and managing director YY Lau (pictured) thinks pockets of opportunities can be found if you know where to look.

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Prasarana eyes potential REIT spin-off

KUALA LUMPUR (April 1): Prasarana Malaysia Bhd, which targets to turn profitable in the second half of next year, said it is looking at spinning off some of its assets into a real estate investment trust (REIT) and pare down its debt.

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Royale Pavilion Hotel to be unveiled in 2Q2017

KUALA LUMPUR (March 30): Construction of the Royale Pavilion Hotel Kuala Lumpur has progressed to 80%, with its opening set for the second quarter of next year, according to developer Harmoni Perkasa Sdn Bhd (HPSB) director Datuk Lee Tuck Fook.

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Intuitive style

A number of houses in Kuala Lumpur’s Bukit Persekutuan boast a unique orientation — the top floor is at street level, and the bedrooms are downstairs.

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UMLand plans to launch The Apex bungalow in Bangi

BANGI (March 28): United Malayan Land Bhd (UMLand) will be unveiling The Apex bungalow project, which has a gross development value (GDV) of RM289 million, at Putra Hill Residency, Bangi, in June this year, according to UMLand chief managing director Dennis Ng.

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