KUALA LUMPUR (May 14): With the controversy over the sale of 1Malaysia Development Berhad's (1MDB) land in the Tun Razak Exchange (TRX) financial district to Lembaga Tabung Haji still raging, a PAS leader has upped the ante by asking who made the decision to sell the land, originally earmarked for Bumiputera, to the state investment vehicle.
• Today we look at the price growth and indicative asking rental yields for non-landed residences in Brickfields.
KUALA LUMPUR (May 13): In response to media reports that it has bought land in 1Malaysia Development Bhd’s (1MDB) project Tun Razak Exchange (TRX) to build its head office, Kumpulan Wang Persaraan (KWAP) yesterday came forward to explain the situation.
KUALA LUMPUR (May 13): Debt-laden 1Malaysia Development Bhd (1MDB) today announced it has sold land for RM665 million to Indonesia's Mulia Group to build its Signature Tower in the Tun Razak Exchange (TRX), a week after news broke out of a controversial land purchase by Lembaga Tabung Haji.
• Today, we continue our focus on Brickfields by looking at development prices on a per square foot (psf) basis.
CHERAS (May 12): Boustead Ikano Sdn Bhd, a joint venture between Boustead Holdings Bhd and Ikano Pte Ltd, today unveiled MyTown – a new shopping centre encompassing 18 acres, which will open in the second half of 2016.
KUALA LUMPUR (May 12): The proposed alignment of the Light Rail Transit Line 3 (LRT3) will terminate at Johan Setia in Klang, which is the proposed location for the last station that will be the main depot for the railway scheme, said group managing director of Prasarana Malaysia Bhd Azmi Abdul Aziz (pictured) today at a media conference announcing the public inspection for the LRT3 railway scheme.
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KUALA LUMPUR (May 12): Trinity Group today launched its RM300 million water-themed condominium project, Trinity Aquata @ KL South.
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