BNM maintains OPR at 1.75%
KUALA LUMPUR (July 8): Bank Negara Malaysia (BNM) has kept the overnight policy rate (OPR) unchanged at 1.
KIP Group co-founder Chew Lak Seong passes away at 65
KUALA LUMPUR (July 8): The co-founder and managing director of KIP Group and KIP REIT Datuk Chew Lak Seong passed away on June 25, 2021.
Knight Frank: Industrial and logistic sectors to continue performing well amidst pandemic
KUALA LUMPUR (July 7): Real estate investors have strong convictions on the industrial and logistic sector which they anticipate will continue to perform well under the current economic climate, according to the Malaysia Commercial Real Estate Investment Sentiment Survey (CREISS) 2021 survey report by Knight Frank Malaysia.
Petronas to power assets in Malaysia with solar energy as part of its sustainability commitment
KUALA LUMPUR (July 8): Petroliam Nasional Bhd (Petronas) has launched an initiative to deploy solar energy at the group's assets across Malaysia to increase efficiency and reduce carbon emissions as part of its sustainability agenda and aspiration of Net Zero Carbon Emissions by 2050 (NZCE 2050).
Kumpulan Perangsang Selangor sells three properties for RM22.5m
KUALA LUMPUR (July 8): Kumpulan Perangsang Selangor Bhd (KPS) has disposed of three properties in Johor for RM22.
DONE DEAL: Two 3-storey shopoffices at Ara Damansara, Petaling Jaya, Selangor
Read also DONE DEAL: Serviced residence at The Binjai on the Park, Kuala Lumpur DONE DEAL: Condominium at Li Villas, Petaling Jaya, Selangor Developed by Indamont Development Sdn Bhd (a subsidiary of LBI Capital Bhd), Taipan Damansara 2 is strategically located in Ara Damansara, Petaling Jaya, Selangor.
Hatten Land sells Melaka land for RM25.8m
SINGAPORE (July 8): Hatten Land has announced yesterday that its wholly-owned subsidiary Prolific Revenue has on July 7 entered into a sale and purchase agreement (SPA) to sell land in Melaka for cash consideration of RM25.
Sunway Property revises sales target to RM2.2b, driven by strong performance of Singapore launches
PETALING JAYA (July 7): Sunway Property revised property sales target to RM2.
Late delivery of property: Country Garden Danga Bay loses appeal
PUTRAJAYA (July 7): The Court of Appeal in a unanimous decision yesterday, dismissed the appeal by Johor-based developer Country Garden Danga Bay Sdn Bhd (CGDB) for a judicial review over the High Court and Tribunal of Homebuyers Claims’ decision to award damages for late delivery claims to seven homebuyers of a service apartment.
An ‘otterly’ swim in a Singapore condominium
SINGAPORE (July 7): Residents of one of the condominiums at Holland Road, Singapore, were delighted to see a group of otters taking a shortcut via the swimming pool at their condominium to get to the other side of the road.
