Office space rental rates grew at insignificant rate
PETALING JAYA (Dec 7): Gloomy outlook for the rental rates for Malaysia’s office space remain as supply and demand continue to mismatch while hybrid working models take over.
MARC assigns Silver Impact Bond Assessment to Sunway REIT’s inaugural sustainability-linked bonds
KUALA LUMPUR (Dec 7): Malaysian Rating Corporation Bhd (MARC) has accorded a Silver Impact Bond Assessment to Sunway Real Estate Investment Trust (REIT)’s inaugural sustainability-linked bonds (SLB) Framework which governs the terms of the bonds.
TAED to be develop with new concept and master plan
KOTA KINABALU (Dec 7): The Sabah state government is set to revive the Tanjung Aru Eco Development (TAED) with a new concept and master plan, according to News Straits Times.
Targeted vaccination softens Covid-19 impact on construction industry after estimated RM42 billion hit
KUALA LUMPUR (Dec 6): The extended Covid-19 outbreak in the country has continued to affect the construction industry this year, but the impact has been more moderate compared with in last year due to a vaccination roll-out targeted at construction workers, among others.
Unsold units in third quarter reduced with HOC
PETALING JAYA (Dec 6): The property sector has seen a reduction of unsold properties during the third quarter with the Home Ownership Campaign eases home buying, according to The Star.
New Sports Direct superstore opens at Tropicana Gardens Mall
PETALING JAYA (Dec 6): Sports Direct Malaysia has opened its latest superstore at Tropicana Gardens Mall.
New Sports Direct superstore opens at Tropicana Gardens Mall
PETALING JAYA (Dec 6): Sports Direct Malaysia has opened its latest superstore at Tropicana Gardens Mall.
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Selangor greenlights ECRL's original northern alignment
KUALA LUMPUR (Dec 4): The Selangor government has no objection to the proposed East Coast Rail Link (ECRL) passing through the State’s northern region, according to Menteri Besar Datuk Seri Amirudin Shari.
Construction work picked-up at Tun Razak Exchange
PETALING JAYA (Dec 4): With the resumption of the economic sectors, construction works on the Tun Razak Exchange have also picked-up once again as the developers - TRX City Sdn Bhd and Lendlease Group, a Sydney-based property developer, try to meet the completion date.
Sand Nisko Capital signs JVA for two phases of land development in Melaka
KUALA LUMPUR (Dec 2): Leading manufacturer of rubberwood furniture in Malaysia, Sand Nisko Capital Bhd’s (SNC) wholly-owned subsidiary Len Cheong Resources Sdn Bhd (LCR) has entered into a joint venture agreement (JVA) with Mutiara Mahajuta Sdn Bhd for dual phases development of approximately 65.
