THEEDGEPROPERTY.COM LAUNCH Democratising KL’s property market
Tong (far left) and Ho (far right) and the launch partners (Photo by Shahrin Yahya) KUALA LUMPUR (May 7): The Edge Media Group has launched the all-new property portal theedgeproperty.
CapitaMalls Malaysia Trust unveils RM60 mil refurbished East Coast Mall
KUANTAN (May 7): The newly rebranded and refurbished East Coast Mall was unveiled yesterday after a RM60 million asset enhancement initiative to expand its net lettable area to 485,396 sq ft.
Five developers qualify for Kwasa Land’s RFP
PETALING JAYA: Kwasa Land Sdn Bhd, a unit of the Employees Provident Fund and master developer of Kwasa Damansara in Sungei Buloh, has approved five tier-2 developers for its next Request for Proposal (RFP), R2-1, reported Bernama.
PROPERTY SNAPSHOT Mont’Kiara prices rise 7.8%
• This week, we take a look at Kuala Lumpur’s Mont’Kiara suburb.
JCorp sets up Al-Salām REIT
PETALING JAYA (April 29): Johor Corporation (JCorp) officially announced the establishment of a new Islamic Real Estate Investment Trusts (REIT), Al-Salām REIT yesterday.
Matrix Concepts to develop Damansara of Seremban
SEREMBAN (April 27): Property developer Matrix Concepts Holdings Bhd expects Bandar Sri Sendayan (BSS) in Seremban to flourish into a town centre similar to that of 1 Utama upon completion in seven to eight years, according to group managing director and CEO Datuk Lee Tian Hock.
Residential market’s first signs of recovery since 2012
KUALA LUMPUR (April 27): The slight uptick in the volume of residential property transactions in 2014 points to the first signs of a recovery since the segment’s “continuous dip” from 2012, says Raine & Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh (pictured).
THE EDGE REIF 2015: Higher cost, margin compression pressure for developers with GST
PETALING JAYA (April 25): Developers will experience higher cost of inputs and margin compression pressure after the implementation of Good and Services Tax (GST), said Sunway Bhd’s managing director of property development division of Malaysia and Singapore, Sarena Cheah (pictured) during her presentation on “Post-GST -- The Real Impact on Buyers” at the The Edge Investment Forum on Real Estate 2015 today.
THE EDGE REIF 2015: Good turnout for event
KUALA LUMPUR (April 25): More than 750 readers of The Edge Malaysia attended The Edge Investment Forum on Real Estate 2015 at the One World Hotel, Petaling Jaya today.
Ireka expects returns from Aseana investment this year
KUALA LUMPUR (April 24): Aseana Properties Ltd, a London-listed property developer which is 23%-owned by Malaysian developer Ireka Corp Bhd, plans to sell some of its property assets and return the capital to shareholders this year, Ireka group managing director Lai Voon Hon (pictured) said in The Edge Financial Daily today.
