InterContinental Hotels to manage Ho Hup’s new hotel in Sabah
KUALA LUMPUR (Jan 20): Ho Hup Construction Co Bhd has appointed InterContinental Hotels Group (Asia Pacific) Pte Ltd (IHG) to manage its new Crowne Plaza Kota Kinabalu Waterfront hotel in Kota Kinabalu, Sabah.
Johor market is tougher than you think
INTERESTINGLY, Johor’s residential transaction volume has not decreased as much as Kuala Lumpur’s and Selangor’s, noted TheEdgeProperty.
Country View sees 43% increase in 4Q net profit
KUALA LUMPUR (Jan 18): Country View Bhd's net profit for its fourth quarter financial results for the period ended Nov 30, 2016 (4QFY2016) rose 43.
Houses between RM400,000 and RM500,000 to be the focus in 2017
KUALA LUMPUR (Jan 18): This year will see all eyes — including property developers’ — on affordable housing priced between RM400,000 and RM500,000, said property consultancy firm CBRE | WTW.
Prices for SoHo and SoVo units could drop by at least 10% in 2017
KUALA LUMPUR (Jan 18): Due to an oversupply, high-end strata properties particularly Small-office Home-office (SoHo) and Small-office Virtual-office (SoVo) units could see prices falling by at least 10% this year, according to property consultancy firm CBRE | WTW.
Hua Yang’s net profit declines 65.45% on lower revenue
KUALA LUMPUR (Jan 17): Hua Yang Bhd saw its net profit decline 65.
Opening of MyTOWN Shopping Centre postponed to March 16
PETALING JAYA (Jan 17): The opening date of MyTOWN Shopping Centre has been readjusted from Feb 16 to March 16 due to requests from tenants.
CapitaLand to develop Grade A office tower in Ho Chi Minh City CBD
SINGAPORE (Jan 17): CapitaLand is acquiring a prime commercial site in the CBD of Ho Chi Minh City to develop its first international Grade A office tower in Vietnam.