PROPERTY SNAPSHOT 4: What’s hot in Damansara North?
Here are the price growth trends and indicative asking rental yields for non-landed residences in Bandar Sri Damansara/Damansara Damai, which we call Damansara North.
Country Heights to revamp Palace of Golden Horses
KUALA LUMPUR (Dec 9): Country Heights Holdings Bhd (CHHB) has inked a joint venture agreement with Galaxus Corp Sdn Bhd (Galaxus) and Tan Sri Lee Kim Tiong @ Lee Kim Yew to revamp the management and business of the Palace of the Golden Horses (pictured) in Seri Kembangan, Selangor.
Mah Sing to develop RM1.1 bil Ramada hotel in Medini, Iskandar Malaysia
JOHOR BAHRU (Dec 9):Mah Sing Group Bhd will develop the second Ramada hotel in the city, the Ramada Meridin Johor Bahru.
New lease of life for Ipoh Riverfront Park
IPOH (Dec 9): Ipoh mayor Datuk Zamri Man has lived up to his promise to revive the long abandoned Ipoh Riverfront Park (formerly People’s Park) on the banks of Sungei Kinta, on Jalan Sultan Iskandar, and to hand it over to the community.
S P Setia inks RM1.07b syndicated financing facilities agreement for Setia Federal Hill
PETALING JAYA (Dec 9): S P Setia Bhd, through its associate company, Setia Federal Hill Sdn Bhd, has just inked a RM1.
A-REIT to acquire One@Changi City for S$420 mil
SINGAPORE (Dec 9): Ascendas Real Estate Investment Trust (A-REIT) is acquiring One@Changi City for S$420 million (RM1.
‘GIC, Jardine Group keen on MRCB’
KUALA LUMPUR (Dec 8): GIC Pvt Ltd and the Jardine Matheson Group are both said to be showing keen interest in Malaysian Resources Corp Bhd (MRCB), and could each be taking up a stake in the company via its recent proposed private placement exercise, according to a source close to the matter.
