Bina Puri makes cash call of up to RM40m
KUALA LUMPUR (Aug 8): Bina Puri Holdings Bhd plans to raise up to RM39.
DONE DEAL: Shopoffice, Megan Phoenix, Cheras, KL
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.
Rehda Johor: Pollution problems at Pasir Gudang must end for growth to continue
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).
MQReit 2Q NPI falls 12.4%, declares 3.43 sen DPU
KUALA LUMPUR (Aug 7): MRCB-Quill REIT (MQReit)'s net property income (NPI) for the second quarter ended June 30, 2019 (2QFY19) fell 12.
REHDA Johor urges govt to work with developers to catalyse housing market
JOHOR BAHRU (Aug 6): Putrajaya has to review the current housing policies and take a holistic approach in handling housing issues in the state, the Real Estate and Housing Developers Association Malaysia Johor Branch (REHDA Johor) said today.
Parkson closes store 18 months after opening
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.
Property consultant: Stop building serviced apartments in Johor Bahru
PETALING JAYA (Aug 6): A property consultant recently said that developers should stop constructing serviced apartments in Johor Bahru.
Najib referred to as 'Optimus Prime', High Court told
KUALA LUMPUR (Aug 6): Low Taek Jho had referred to former prime minister Datuk Seri Najib Razak as "Optimus Prime" — the ultimate leader for Autobots, the main protagonists of the animated alien robot series Transformers, the High Court was told today.
Case management for FGV's suit against Isa Samad, Emir Mavani fixed for Sept 6
KUALA LUMPUR (Aug 6): The High Court has fixed Sept 6 as the next case management date for FGV Holdings Bhd's case against its former chairman Tan Sri Mohd Isa Abdul Samad and former president and group chief executive officer Datuk Mohd Emir Mavani Abdullah.
Singaporean tycoon Choo scoops second hotel in KL
KUALA LUMPUR (Aug 6): Swiss-Garden Hotel Bukit Bintang in Jalan Pudu here has a new owner.
