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KUALA LUMPUR (July 7): The Canada Pension Plan Investment Board (CPPIB) is negotiating with Malton Bhd on the purchase of a 49% stake in Pavilion Bukit Jalil mall, The Edge weekly reported in its July 9, 2018 issue.

KUALA LUMPUR (July 6): The Housing and Local Government Ministry (KPKT) will initiate an investigation into the business activities, dealings and performance of the 1Malaysia People’s Housing Programme’s (PR1MA), minister Zuraida Kamaruddin (pictured) told a publication today.

PETALING JAYA (July 6): Eco World International Bhd’s (EWI) maiden Melbourne project, the A$243 million Yarra One tower began construction today.

The government has acted to cool the red hot residential property market.

Putrajaya Holdings Sdn Bhd Sabariah Ramli  Putrajaya Holdings Sdn Bhd general manager of marketing and commercial division “Putrajaya Holdings foresees that the property market will continue to be soft but with a slight improvement.

Perdana Parkcity Sdn Bhd KC Chong Perdana Parkcity Sdn Bhd chief marketing officer “We remain positive about the property market moving forward as the company believes the right product by reputable developers, with good quality, in strategic locations, will still be in demand.

PETALING JAYA (July 6): The members who were appointed by the previous government into the advisory board of the Kuala Lumpur City Hall (DBKL) have voiced their readiness to resign, subject to proper procedure.

Paramount Property Beh Chun Chong  Paramount Property CEO “The improved property market is expected to sustain until the end of the year.

BRDB Developments Sdn Bhd Kajendra Pathmanathan  BRDB Developments Sdn Bhd CEO “We foresee the market to remain challenging.

LBS Bina Group Tan Sri Lim Hock San LBS Bina Group managing director “We are cautiously optimistic about the market outlook until the end of this year because we expect to see a gradual improvement in the economy which will in turn raise market confidence.