News about en

PETALING JAYA (Sept 2): Currency market movements can have a significant impact not only on the return provided by an overseas asset, but also on the flow of international capital into property markets, said global property consultancy Knight Frank.

Sold for: RM290,000 (RM341 psf) Concluded by Raymond Yii (REN 20381) of BT Properties (011-3315 4820) When: March 2017 Noteworthy: ● Freehold ● Low density ● 3-bedroom and 2-bathroom unit ● Built-up: 849 sq ft ● Gated-and-guarded with card system boom-gate ● Two open parking bays According to Raymond Yii of BT Properties Sdn Bhd, who concluded the deal, the seller was an investor who owns several properties in Setia Alam, Selangor.

SINGAPORE (Aug 31): Singapore-based Frasers Centrepoint Trust (FCT) has subscribed for its full allocation in the renounceable rights issue of associate Hektar REIT, theedgesingapore.

KUALA LUMPUR (Aug 31): Property developer Titijaya Land Bhd recorded a net profit of RM17.

KUALA LUMPUR (Aug 31): Ekovest Bhd has reported an 86.

PETALING JAYA (Aug 29): Our lives are becoming increasingly “smarter” as we move into the future.

KUALA LUMPUR (Aug 30): Glove maker Kossan Rubber Industries Bhd has proposed to buy a piece of vacant industrial land in Banting, Selangor, from a company controlled by steel magnate Tan Sri William Cheng for RM95.

KUALA LUMPUR (Aug 30): Sunway Bhd, which has earlier appointed Datuk Seri Idris Jala to co-chair the now a trading/services company, is scanning to identify new business avenues, possibly involving technology.

PETALING JAYA (Aug 30): The Glenmarie Light Rail Transit (LRT) station has been renamed CGC-Glenmarie LRT Station by Credit Guarantee Corporation Malaysia Bhd (CGC) today.

KUALA LUMPUR (Aug 30): Mah Sing Group is topping up its RM23 million Celebration Rewards Campaign with the RM23 million Rewards Reloaded plus Rush For Your Gold campaign, giving out a total of 75 gold bars to customers who purchase one of the group’s properties.