Rise in commercial property foreclosures
The auction market has seen more commercial properties go under the hammer in the first half of this year compared with the same period last year, according to Auctionguru.
The auction market has seen more commercial properties go under the hammer in the first half of this year compared with the same period last year, according to Auctionguru.
PETALING JAYA (Oct 20): Sheraton Hotels and Resorts has opened the Sheraton Petaling Jaya at Jalan Utara, next to the Pinnacle Petaling Jaya shopping mall.
KUALA LUMPUR (Sept 19): Eastern & Oriental Bhd (E&O) said the damage sustained by its landmark heritage hotel in Georgetown in the wake of the flash floods that hit the Penang island on Thursday is 'insignificant'.
SINGAPORE (Sept 18): ICP is acquiring the land, building and business of Geo Hotel in Kuala Lumpur for a total of S$27.
KUALA LUMPUR (Sept 13): Sunway Bhd is looking to acquire more land with good connectivity to new public infrastructure for transit-oriented development (TOD), said the managing director of its property division for Malaysia and Singapore, Sarena Cheah.
LANGKAWI (Sept 6): The Datai Langkawi forest and beach resort, which is just a year shy of its silver anniversary, has closed its doors yesterday for a 10-month restoration project, said its operator in a statement.
KUALA LUMPUR (Aug 26): TA Global Bhd recorded a net profit of RM30.
KUALA LUMPUR (Aug 23): IGB Corp Bhd’s net profit for its second quarter ended June 30, 2017 (2QFY17) jumped 41% year-on-year to RM76.
KUALA LUMPUR (Aug 16): KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (REIT), collectively known as KLCCP Stapled Group, reported a slight increase in net profit in the second quarter ended June 30, 2017 (2QFY17) to RM177.
KUALA LUMPUR (Aug 15): Former Felda chairperson Mohd Isa Abdul Samad was at the Malaysian Anti-Corruption Commission (MACC) headquarters in Putrajaya today, most likely to give a statement on the purchase of hotels by Felda Investment Corp (FIC), Bernama reported today.