1MDB Real Estate is now TRX City
KUALA LUMPUR (Dec 17): Debt-laden strategic development company 1Malaysia Development Bhd’s (1MDB) property arm, 1MDB Real Estate Sdn Bhd (1MDB RE), is now known as TRX City Sdn Bhd.
Retail Group cuts 2015 forecast
KUALA LUMPUR (Dec 17): Retail Group Malaysia (RGM) has cut its forecast for 2015 retail sales for the fifth time due to poor retail figures achieved in the second and third quarters of the year.
MPCorp sees Iskandar project as key to turnaround
KUALA LUMPUR (Dec 17): Malaysia Pacific Corp Bhd (MPCorp) expects its upcoming residential project within Taman Nusa Damai in Iskandar Malaysia, Johor, which has a gross development value of RM204 million, to help pull it out of its loss-making position.
IGB Corp’s St Giles opens The Tank Stream hotel in Sydney
ALL the tiredness caused by a close-to-nine-hour plane journey and 20-minute car ride from the airport quickly vanishes at the sight of IGB Corp Bhd’s newest business hotel — The Tank Stream — in Sydney.
PROPERTY SNAPSHOT 4: What’s hot in Wangsa Maju?
• Today, we look at price growth and indicative asking rental yields for non-landed residences in Wangsa Maju.
Gamuda's 1Q net profit falls 13% amid softer property market, declares 6 sen dividend
KUALA LUMPUR (Dec 16): Gamuda Bhd saw its net profit fall 13% to RM161.
BLand's unit to sell Chinese mall project for RMB2.08 bil
KUALA LUMPUR (Dec 16): Berjaya Land Bhd (BLand) is cashing out its Berjaya (China) Great Mall Recreation Centre in Hebei, China — which is still under construction — for RMB2.
Benoy showcases China Resources Land Qianhai Centre’s design
SHENZHEN (Dec 16): Benoy, the global studio of Architects, Masterplanners, Interior and Graphic Designers, has revealed its design for the future China Resources Land (CRL) Qianhai Centre (pictured) in Shenzhen that forms part of the Qianhai special economic zone.
