Trion Kuala Lumpur to target local buyers
CHAN Sow Lin, an industrial area in Kuala Lumpur, has seen plenty of interest from developers in recent years.
‘Higher funding costs prompt banks to revise BR, BLR rates’
KUALA LUMPUR (June 2): Higher costs of funding prompted some banks to raise their base rates (BR) and base lending rates (BLR) recently, the first time since January 2015, when the BLR structure was replaced with a new BR system.
UOA inks MoU with China hospitality company
PETALING JAYA (June 1): UOA Hospitality Sdn Bhd (UOA Hospitality), a unit of UOA Development Bhd, has inked a memorandum of understanding (MoU) with Hubei Chutian Media & Hotel Investment Management Co Ltd (Hubei Chutian) for a long-term partnership that involves resource sharing, complementary advantages and exploration of new markets, UOA Hospitality announced in a media statement today.
Fewer but bigger LRT3 packages to go around
THE RM9 billion worth of jobs to be awarded under the third light rail transit (LRT) line project by the end of the year has been one of the bigger catalysts in the pipeline for the construction industry.
Almost half of Oakland Commercial Centre phase 4F's shops/offices sold at launch
PETALING JAYA (May 31): Oakland Commercial Centre II phase 4F in Seremban, Negeri Sembilan has received encouraging response with 40% of its 182 shop units and offices taken up during a launch on May 15, 2016.
Binastra Land to launch flagship integrated development in Chan Sow Lin
PETALING JAYA (May 28): Contractor-cum-property developer Binastra Land Sdn Bhd aims to launch its flagship and largest project – the RM1.
WCT looks to asset divestment to pare gearing; to list REIT latest by 2Q2017
KLANG (May 27): WCT Holdings Bhd is looking to sell off some assets to raise more than RM500 million, the proceeds of which it expects to use to reduce its net gearing to 0.
The most exclusive suburbs in town
IF you have not RM1 million, nor RM5 million, but RM10 million to spend, what would you do? For one, you could consider getting a RM10 million ringgit home in what many would call the most exclusive residential addresses in the country.
IJM Land launches “Beli Rumah, Jom Umrah” campaign
KUALA LUMPUR (May 25): IJM Land Bhd officially unveiled its “Beli Rumah, Jom Umrah” campaign, where Bumiputeras can purchase IJM homes in Seremban and receive an all-inclusive Umrah trip for two worth RM22,000.
IGB Corp confirms getting offer for Renaissance KL
KUALA LUMPUR (May 25): IGB Corp Bhd, which saw its latest quarterly net profit slump 20.
