News about commercial

KUALA LUMPUR (Jan 5): Kimlun Corp Bhd’s unit plans to buy an 11.

Where are the property hot spots in Seremban? Nilai, Bandar Sri Sendayan, Seremban 2, Seremban 2 Heights and Bandar Ainsdale would be the picks of PA International Property Consultants’ Ong Hai Chuan.

KUALA LUMPUR (Nov 19): IGB Bhd mounted an earnings recovery in its third financial quarter ended Sept 30, 2020 (3QFY20), posting a net profit of RM16.

KUALA LUMPUR (Oct 2): Sunsuria Bhd has entered into two agreements to develop high-rise residential and commercial projects in Kuala Lumpur with a total estimated gross development value (GDV) of RM3.

KUALA LUMPUR (June 11): IGB Bhd posted a 64.

KUALA LUMPUR (May 30): The Covid-19 pandemic and its economic fallout may have spooked many companies into putting their business plans on the back burner, but not IGB Bhd, The Edge reported today.

As Malaysia is now into the Conditional Movement Control Order (CMO) periodwhere the majority of the working population is allowed to return to their workplace, Architect Centre Sdn Bhd accredited architect and trainer Anthony Lee Tee is worried about the “invisible health threats” to office workers and occupants as no commercial buildings are designed to be shut down for months at a time.

KUALA LUMPUR (April 25): Commercial buildings closed for weeks or even months to curb the Covid-19 pandemic could “fuel” Legionnaires' disease, Reuters reported yesterday.

KUALA LUMPUR (Feb 12): Elite Commercial Real Estate Investment Trust (REIT), which made its debut on the Singapore Exchange last Thursday as the first UK-focused REIT, has risen by as much as 7.

The oversupply situation in the property market in Malaysia is reflected in the foreclosure market.