News about g

  Sold for: RM440,000 (RM308 psf) Concluded by: Terence Tih (017-668 2669, REN 01644) from Tech Real Estate Sdn Bhd When: February 2019 Noteworthy: ● Unit size: 1,430 sq ft ● Freehold mid floor office ● Fully furnished ● Two bathrooms ● A few minutes’ walk from MRT station and shopping mall Read also DONE DEAL: Condominium unit, Pavilion Hilltop Mont’Kiara, Kuala Lumpur DONE DEAL: Shopoffice at Arena Curve in Bayan Baru, Penang The 24-year-old Megan Phoenix in Cheras, Kuala Lumpur is a 3-block commercial strata development with 450 parking bays.

JOHOR BAHRU (Aug 8): Johor’s Pasir Gudang will remain attractive to business owners and property buyers as long as the environmental issues that have plagued the area recently are resolved, said the Real Estate and Housing Developers’ Association Malaysia Johor Branch (Rehda Johor).

PUTRAJAYA (Aug 7): Former federal court judge Datuk Seri Gopal Sri Ram (pictured) will continue to lead the prosecution as senior deputy public prosecutor (DPP) in ex-prime minister Datuk Seri Najib Razak's trial on the alleged laundering of RM2.

KUALA LUMPUR (Aug 7): MRCB-Quill REIT (MQReit)'s net property income (NPI) for the second quarter ended June 30, 2019 (2QFY19) fell 12.

KUALA LUMPUR (Aug 7): Former Lembaga Tabung Haji chairman Datuk Seri Abdul Azeez Abdul Rahim (pictured) and his brother Datuk Abdul Latif Abdul Rahim's corruption trial will be heard at the Sessions Court on Sept 25 and Oct 11.

KUALA LUMPUR (Aug 7): Amcorp Properties Bhd's (AMPROP) indirect wholly-owned subsidiary Amcorp Dynamic Ltd will acquire a 40% stake in Daning Partners Ltd for US$22.

KUALA LUMPUR (Aug 6): The Construction Industry Development Board (CIDB) Malaysia hopes there will be allocation under Budget 2020 for incentives to encourage the construction industry to adopt Building Information Modelling (BIM).

KUALA LUMPUR (Aug 6): Department store operator Parkson Corp Sdn Bhd, which shut its 20-year-old store in Suria KLCC earlier this year, has shut another store — the Parkson M Square Mall in Puchong, Selangor.

KUALA LUMPUR (Aug 6): Malaysia Steel Works (KL) Bhd's (Masteel) standalone credit profile remains vulnerable to fluctuations in steel price, fluctuating cost of raw materials and increased competitive pressures in the Malaysian market, according to Malaysian Rating Corp Bhd (MARC).

PETALING JAYA (Aug 6): A property consultant recently said that developers should stop constructing serviced apartments in Johor Bahru.