Tadmax’s unit gets RM170 mil banking facility to fund Kepong condo project
KUALA LUMPUR (Aug 11): Tadmax Resources Bhd’s wholly-owned subsidiary has secured a RM170 million banking facility for its condominium project in Kepong.
EcoWorld unveils Eco Grandeur township at the opening of new sales gallery
PUNCAK ALAM (Aug 11): Eco World Development Group Bhd (EcoWorld) has unveiled Eco Grandeur, its latest integrated township in Puncak Alam, Kuala Selangor, in conjunction with the opening of the developer’s 12th sales gallery in Malaysia.
Kota Kinabalu residential sector sees gentle improvement this year on fewer new launches
PETALING JAYA (Aug 11): The residential property sector in Kota Kinabalu is witnessing a gentle improvement, underpinned by a lack of new launches in the market, said property consultancy firm Knight Frank Malaysia in its Real Estate Highlights report.
Knight Frank Malaysia: Retail industry being held back by consumers’ weak sentiments
PETALING JAYA (Aug 11): Consumer spending remains a key challenge in the Malaysian retail industry with many continuing to hold back on purchases due to growing concerns on the rising cost of living and weaker job prospects, said property consultancy firm Knight Frank Malaysia in its Real Estates Insights research report for 1H2016.
More shopping centres to go on sale
WITH saturation and lower retail sales, the number of shopping centres that have been put up for sale or have been sold has been visibly higher over the past nine months.
Office markets in KL and Selangor expected to remain subdued
PETALING JAYA (Aug 10): The KL fringe and Selangor office markets are expected to remain subdued while KL city is expected to face downward pressure underpinned by persistent low oil prices, said property consultancy firm Knight Frank Malaysia in its “Real Estate Insights research report for 1H2016”.
Yong Tai on track to bring in HK's Sino Haijing as substantial shareholder
KUALA LUMPUR (Aug 10): Property developer Yong Tai Bhd is despatching a circular to its shareholders today on its proposed corporate exercise to bring in Hong Kong-listed Sino Haijing Holdings Ltd as a new substantial shareholder.
Penang property market immediate outlook challenging, says Knight Frank Malaysia
PETALING JAYA (Aug 10): The immediate outlook of Penang’s property market will be challenging amid difficulties in the global and national economic environment, said property services firm Knight Frank Malaysia in its latest report.
Ajiya signs MoU for a PR1MA project in Sarawak
KUALA LUMPUR (Aug 10): Ajiya Bhd will partner Sarawak-based IMAG Development & Construction Sdn Bhd (Imag) to develop a housing project to be awarded by Prima Corporation Malaysia (PR1MA).
