JW Marriott opens 11th hotel in China
SHANGHAI (May 19): JW Marriott Hotels & Resorts continues to expand its luxury portfolio in China through its 11th property – the JW Marriott Hotel Zhejiang Anji, which opened yesterday.
PROPERTY SNAPSHOT What’s affordable in KLCC?
• The prices of condominiums in the KLCC area reflect the prestige of living in the heart of the city.
Landmarks in JV to own two hotels in Treasure Bay Bintan
PETALING JAYA (May 19) – Landmarks Bhd, through its wholly-owned subsidiary PT Bintan Hotel Utama (PTBHU), yesterday entered into a joint-venture (JV) agreement with ML Hotel Investments Pte Ltd (ML Hotel) to develop, own and operate two global hotel chains, Mercure and ibis Budget, in Treasure Bay Bintan, Bintan Island, Indonesia.
Malton bags RM208 mil contract to build Royale Pavilion Hotel
KUALA LUMPUR (May 18): Property developer Malton Bhd announced that its wholly-owned unit Domain Resources Sdn Bhd has received a letter of award for a RM208 million worth of contract from Harmoni Perkasa Sdn Bhd to build one block of Royale Pavilion Hotel, which is located along Jalan Bukit Bukit Bintang and Jalan Raja Chulan.
YTL Land and Development’s Penang Shorefront all snapped up
GEORGE TOWN (May 18): YTL Land and Development Bhd sold the final units of its low-rise condominium project – Penang Shorefront – at a preview last weekend.
‘Kitty’ homes
Li Si’en and Guerrand Lai Jiemin, or En and Rand as they prefer to be called, have always had a passion for cats.
Good response to public inspection on MRT project
KUALA LUMPUR (May 17): The response to the public inspection (PI) of the MRT Sungai Buloh-Serdang-Putrajaya Line (SSP Line), which began on Friday, has been good with members of the public giving a variety of feedback on the project.
Psaros launches Perth’s Park Avenue
PETALING JAYA (May 16): Psaros, a Perth-based developer and builder, launched its new development, Park Avenue, on 271 Selby Street, Churchlands, Perth at an event here yesterday.
Retail market to slow into 2015
KUALA LUMPUR (May 16): The retail market will see a continuous slowdown due to weakened market sentiment caused by the recently implemented Goods and Services Tax (GST), said Savills Malaysia managing director, Allan Soo.
Joyful Star in RM26 mil sale to Kabaz
CYBERJAYA (May 15): Joyful Star Sdn Bhd, a subsidiary of Emkay Group Bhd, will sell part of its Star Central development in Cyberjaya to Kabaz Sdn Bhd for RM26 million.
