Sungei Wang Plaza to remain a laggard for CMMT
CapitaLand Malaysia Mall Trust (Oct 19, RM1.
Penang signs deal with Aga Khan Trust to manage and develop George Town
GEORGE TOWN (Oct 19): Chief Minister Incorporated (CMI) signed a management collaboration agreement with the Aga Khan Trust for Culture (AKTC) and Think City Sdn Bhd today in Chantilly, France.
Who wins? Heritage town Pekan Ampang is in the way of the Suke Highway
Many shop owners in century-old premises in Pekan Ampang, Kuala Lumpur, are still in the dark that they may have to make way for a highway project that will cut through the township.
Developers wish for Dibs comeback, lower RPGT rates
KUALA LUMPUR: Property developers hope the developer interest bearing scheme (Dibs) will make a comeback in Budget 2016, a controversial property financing scheme that was banned in 2014 as part of the government's cooling measures.
MBAM wishes import duties for heavy construction machinery reduced, normalisation of foreign workers
KUALA LUMPUR (Oct 19): Master Builders Association Malaysia (MBAM) hopes to see a greater reduction in import duties for heavy construction machinery as well as a normalisation of foreign workers under the 6P Programme to Temporary Work Permit (PLKS) status, which can be renewed instead of deporting them back, in this Friday's Budget 2016 announcement.
Budget 2016 should focus on first-time homebuyers, say property players
PETALING JAYA (Oct 16): Property players are hoping that Budget 2016 will make it easier for first-time homebuyers to buy property.
Charting new territory with crowd funding for property
PETALING JAYA: Australian listed property crowdfunding company and platform, CoAssets, will be organising the inaugural Expo for Property Investing & Crowdfunding (Epic) on Oct 24 and 25 at the JW Marriott Hotel in Kuala Lumpur.
Penang’s first premium outlet mall to open ahead of schedule
GEORGETOWN (Oct 16): Penang’s first ‘premium outlet’ mall, Design Village Penang, in Batu Kawan, will open a month ahead of schedule in October 2016, according to Savills Malaysia managing director Allan Soo.
Genting Malaysia to dispose land to Genting Plantations for RM65.76 mil
KUALA LUMPUR (Oct 15): Genting Malaysia Bhd’s (Genting) wholly owned subsidiary Genting Highlands Tours and Promotion Sdn Bhd will dispose two parcels of leasehold land at Jalan Segambut, Kuala Lumpur to a unit of Genting Plantations Bhd for RM65.
Negeri Sembilan mall, Seremban Prima, up for sale
PETALING JAYA (Sept 22): Seremban Prima (formerly Seremban Parade), a shopping centre on Jalan Dato Bandar Tunggal, Seremban, is up for sale.
