DONE DEAL: Second storey of a three-storey shoplot at Quartermile, Bayan Baru, Penang
Rented for: RM2,700 a month Concluded by: Mayzel Wong (REN 17359) of Khoo & Associates Realty (017-575 8999) When: November 2016 Noteworthy: ● Leasehold ● 1,500 sq ft floor space ● Nearby amenities such as F&B outlets, children’s learning centre, food court and morning market ● About 16km from George Town, 5km from Penang International Airport and 8km from the Penang Bridge The intermediate unit is located at Quartermile, a leasehold commercial development located in Bayan Baru, Penang.
UMLand J-Biotech Park to attract foreign investors to Johor Halal Park
PETALING JAYA (March 9): UMLand J-Biotech Park Sdn Bhd (UJP), a joint venture between United Malayan Land Bhd (UMLand) and the Johor state government, signed a memorandum of understanding (MoU) with The Cosmetic & Perfumery Association of Hong Kong Ltd and Persatuan Anggun Menawan Malaysia to bring in potential investors from Hong Kong, Macau and China to Johor Halal Park (JHP) in Pasir Gudang, Johor.
CMS units still major beneficiaries of Pan Borneo Highway Sarawak job
Cahya Mata Sarawak Bhd (March 8, RM4.
Tiong Nam’s e-commerce venture has great potential
Tiong Nam Logistics Holdings Bhd (March 8, RM1.
Rising household debt a concern across Asia
GOVERNMENT officials, policymakers, economists, bankers and experts gathered here for the Second Annual Asean Consumer and Household Debt Conference on Feb 22 and 23.
Asia’s ultra-rich favour homes in UK and Singapore, says Knight Frank
SINGAPORE is the second-most important destination in the world for Asian ultra-high-net-worth individuals (UHNWIs) when it comes to real estate investments, according to the latest edition of Knight Frank’s Wealth Report 2017, released on March 1.
Initial launches of MB World’s maiden township in Kota Tinggi well-received
PETALING JAYA (March 8): MB World Group Bhd’s (MBWG) maiden township development, Taman Sri Penawar in Bandar Penawar, Kota Tinggi in Johor, will be officially launched this Saturday (March 11).
LBS Bina, YPJ Plantations to develop RM2.6b township in Johor
KUALA LUMPUR (March 8): LBS Bina Group Bhd has teamed up with YPJ Plantations Sdn Bhd to jointly develop a mixed township in Kota Tinggi, Johor, with an estimated gross development value (GDV) of RM2.
Stand down on Ascott REIT in wake of rights issue and acquisitions
SINGAPORE (March 8): UOB Kay Hian has downgraded its call on Ascott Residence Trust (Ascott REIT) to “hold” from “buy” previously, following Tuesday’s announcement of its S$442.
