Higher growth rate expected for all Sime Darby divisions for FY18-20
Sime Darby Bhd (Jan 23, RM2.
Crest Builder bags RM328mil apartment project
KUALA LUMPUR (Jan 23): Crest Builder Holdings Bhd has bagged a RM328.
What happened at the 11th Malaysian Property Summit?
The 11th Malaysian Property Summit, held at the Sime Darby Convention Centre on Jan 23, featured topics that covered residential, commercial, retail, and industrial properties as well as the northern and southern regions of Peninsular Malaysia.
MBSB pledges no layoffs as shareholders green-light AFB buy
KUALA LUMPUR (Jan 23): Malaysia Building Society Bhd (MBSB), which has secured its shareholders nod for its proposed acquisition of Asian Finance Bank Bhd (AFB) at an extraordinary general meeting and court convened meeting today, says there would be no staff layoffs, "except for one or two management staff".
Sime Darby Property to focus on key townships in Klang Valley, says MD
KUALA LUMPUR (Jan 23): Sime Darby Property Bhd which had just been listed two months ago on the main market of Bursa Malaysia will continue to focus on developing key townships mainly in Klang Valley.
Rahim & Co: E-commerce growth may prompt smaller warehouse developments
KUALA LUMPUR (Jan 23): The e-commerce industry will accelerate the growth of the industrial property market as demand for logistics and distribution centres rises, prompting the development of smaller industrial facilities, said Rahim & Co International Sdn Bhd research director Sulaiman Akhmady Mohd Saheh.
Crane falls into condominium compound at Taman Desa
More photos below PETALING JAYA (Jan 23): A crane at the site of a contentious high-rise development in Taman Desa had fallen into the compound of the adjacent Tiara Faber Condominium.
UEM Sunrise chooses London-based Atkins as master planner of Gerbang Nusajaya
KUALA LUMPUR (Jan 23): UEM Sunrise Bhd has awarded London-based project management consultant Atkins, a member of the SNC-Lavalin Group, as the winner of the International Land Use Master Planning Competition for Gerbang Nusajaya's Transit-Oriented Development (TOD) plot.
Knight Frank Malaysia: Office occupancy rate, rental likely to continue down trend in 2018
KUALA LUMPUR (Jan 23): The office occupancy rate and average rental in Kuala Lumpur city centre, Kuala Lumpur fringe and Selangor are expected to continue their down trend in 2018, said Knight Frank Malaysia Sdn Bhd managing director Sarkunan Subramaniam.
Market performance in 2018 expected to be like last year, says JPPH
KUALA LUMPUR (Jan 23): The Malaysian property market’s performance in 2018 is expected to be similar to its performance in 2017 in terms of transactions, said Valuation and Property Services Department (JPPH) director-general Nordin Daharom at the 11th Malaysian Property Summit today.
