MRT Corp: Linkways between stations and buildings the responsibility of property owners
PETALING JAYA (Dec 20): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) today explained that the linkways from stations to adjacent privately-owned buildings are supposed to be built by the property owners at their cost and according to their construction schedules This explanation from MRT Corp came about after users of the Sungai Buloh-Kajang (SBK) Line, which commenced operations last Friday (Dec 16), commented that pedestrian linkways were not completed along with the MRT stations.
Kiss goodbye to high REIT yields in Singapore
SINGAPORE (Dec 20): DBS Group Research has an “underweight” rating on the Singapore REIT sector as it anticipates four interest rate hikes by the US Federal Reserve in 2017 alone.
The northern corridor’s only premium outlet mall
THOSE who want to have a fun outing may enjoy some retail therapy at Penang’s Design Village in Bandar Cassia (formerly known as Batu Kawan).
New mall coming up in Kuala Terengganu
THE Klang Valley is facing an oversupply of retail space with more than seven sq ft per capita based on the population of more than seven million.
Hana Gardens in Jade Hills 85% sold over a weekend
KAJANG (Dec 19): Some 85% of Gamuda Land’s latest launch of two-storey Hana Gardens terraced houses in Jade Hills, Kajang were sold in a soft launch over a weekend.
Amanah Raya Bhd aims to double ARREIT’s fund size in 3 to 5 years
KUALA LUMPUR (Dec 19): The strategic collaboration between Amanah Raya Bhd and Japan’s largest independent real estate asset management company Kenedix Inc, will enhance its real estate investment trust (REIT) segment and double the fund size or asset value of AmanahRaya REIT (ARREIT) from RM1 billion to RM2 billion, within three to five years.
Eaton Residences to defy market forces
ON the weekend of Nov 19 and 20, GSH Corp launched in Singapore its maiden residential development, Eaton Residences, a high-end condominium in Jalan Kia Peng in Kuala Lumpur City Centre (KLCC).
Just In: Support children’s development with IKEA’s ‘Let’s Play for Change’ campaign
DURING this festive season, with every purchase of any toy, book, game, art and craft as well as play furniture under the IKEA Play range, the IKEA Foundation will donate €1 (about RM4.
Second phase of Tiara Hills to be previewed in February 2017
KUALA LUMPUR: Modern Age Development Sdn Bhd is looking to hold a special preview for the second phase of its Tiara Hills development in Cheras, Kuala Lumpur.
