No more space for your stuff? Try self-storage
IN urban centres where home sizes are shrinking and real estate values are high, one may need to consider ways to get more space, especially storage space.
S P Setia’s 1Q net profit at RM123 mil, plans RM3 bil launches
KUALA LUMPUR (May 13): S P Setia Bhd, which is poised for RM3 billion worth of launches in the financial year 2016 (FY16), recorded a net profit of RM123.
Kerjaya Prospek eyes RM600 mil order book target with Johor win
JOHOR BARU (May 13): Kerjaya Prospek Group Bhd (formerly Fututech Bhd), which has won a RM312.
DONE DEAL: Glomac Centro at Kayu Ara, Petaling Jaya, Selangor
Rented for: RM1,800 Concluded by: Edmund Chin of Propstar Realty (012-339 1260) When: March 2016 Noteworthy: • Leasehold • Intermediate office unit on the first floor with washroom • Built-up area: 1,637 sq ft • Near institutes of higher education such as KDU, KBU and SEGi College; within 15 to 30 minutes’ drive to shopping malls such as 1 Utama, The Curve, IKEA and Atria Shopping Gallery • Surrounded by mature townships such as Bandar Utama, Damansara Utama and Damansara Jaya Glomac Centro is a mixed development comprising 2-storey shop offices and a block of 29-storey serviced apartments in Kayu Ara, Petaling Jaya.
Kerjaya Prospek’s earnings visibility improves as order book fills up
EXCITEMENT over Kerjaya Prospek Group Bhd’s (formerly Fututech Bhd) new businesses has been obvious, pushing up its share price to an all-time high last week.
Malaysia-Singapore’s DUO project topped out
PETALING JAYA (May 11): M+S Pte Ltd (M+S) – a joint venture company between Malaysia’s Khazanah Nasional Bhd and Singapore’s Temasek Holdings – held a topping-out ceremony for its DUO integrated development at the Ophir-Rochor district in Singapore, the developer said in a press statement today.
Malaysia beats Japan and Hong Kong as China’s preferred investment destination
KUALA LUMPUR (May 11): Malaysia and Singapore were the sixth most preferred property investment countries for China investors in 2015, ahead of Japan (seventh) and Hong Kong (eighth), according to Australian property investment portal Investorist.
JLL: Asia Pacific cities dominate world’s luxury retail destinations
PETALING JAYA (May 10): Seven out of ten cities with the highest presence of luxury retailers are in the Asia Pacific, said international real estate services firm JLL in its recently-published “Destination Retail 2016” report.
Kerjaya Prospek to bag contract worth RM300 mil from BCB
KUALA LUMPUR (May 9): Kerjaya Prospek Group Bhd (formerly Fututec Bhd) is set to win a contract worth RM300 million from property developer BCB Bhd to build a major high-rise project in Iskandar Malaysia, Johor, according to sources.
New CEO for Berjaya Hotels & Resorts
KUALA LUMPUR (May 10): Berjaya Hotels & Resorts Sdn Bhd said in a statement yesterday it had appointed Hanley Chew (pictured) as its chief executive officer (CEO), effective April 1.
