KUALA LUMPUR (April 20): Hektar Real Estate Investment Trust (REIT) founder and chief executive officer (CEO) Datuk Jaafar Abdul Hamid will be resigning as the CEO of its management company Hektar Asset Management Sdn Bhd (HAM) on May 1.
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THE controlling shareholders of property developer Magna Prima Bhd are understood to be looking to hive off a large stake of about 30% in the company, sources say.
• Today, we continue our focus on Setapak by looking at average prices on a per square foot (psf) basis.
KUALA LUMPUR (April 19): Perbadanan PR1MA Malaysia said all its Penang project plans are priced at an average of 20% below market prices in surrounding areas and in line with the state’s planning guidelines.
KUALA LUMPUR (April 19): Spring Gallery Bhd has bagged a RM176 million contract to provide professional project management facilities for the development of a piece of land in Perling, Johor, currently sited by the Johor State Tennis Academy.
• Setapak has an abundance of high-rise residences, most of which are priced to target the middle class.
KUALA LUMPUR (April 18): Nippon Paint Malaysia Group showcased its second “Trend Beyond Colours”, which features nine key colour palettes, that are forecasted to drive utilisation across various industries and applications in 2016 and 2017.
SINCE its emergence in the 1950s, the internet has grown into a juggernaut, changing the way we do practically everything, from finding a partner to buying everyday items like groceries and electronic appliances.
• This week, the spotlight falls on the secondary market of non-landed residences in one of Kuala Lumpur’s oldest suburbs, Setapak.
PETALING JAYA (April 17): The International Real Estate Research Symposium 2016 (IRERS 2016) has invited real estate experts from here and abroad to discuss the importance of innovation in real estate.
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