More China investors to buy HK office buildings in 2016
HONG KONG (Feb 16): Hong Kong is expected to see more China investors acquiring office buildings in 2016, according to global commercial real estate services company Cushman & Wakefield.
TRC Synergy sells Melbourne office property to MD
KUALA LUMPUR (Feb 16): TRC Synergy Bhd is selling an office suite in the suburbs of Melbourne, Australia, to its managing director Tan Sri Sufri Mohd Zin for A$1.
Oxley Holdings plans to open hotel and residences in KLCC area in 2020
PETALING JAYA (Feb 16): Singapore-listed property developer Oxley Holdings Ltd (Oxley) has announced it will open its 207-room So Sofitel Hotel and a 590-key So Sofitel Residences in the heart of Kuala Lumpur City Centre (KLCC) area in 2020, it said in a press statement today.
EcoWorld all set to unveil Karisma
PETALING JAYA (Feb 16): Eco World Development Group Bhd will be unveiling its Karisma apartment project in Eco Majestic, Semenyih, by end of this month.
Sunway Gandaria Retail 95% sold
BANGI (Feb 16): Sunway Property -- the property arm of Sunway Bhd -- clinched 95% sales for Sunway Gandaria Retail, one of the components of its latest mixed-use development in Bangi, Sunway Gandaria.
New Brickfields multistorey car park to open by end March
KUALA LUMPUR (Feb 16): Stakeholders in Brickfields, Kuala Lumpur, hope that a new RM26 million Kuala Lumpur City Hall-built car park on Jalan Thambipillay will reduce illegal and haphazard parking in the area.
Asian property giants sidestep Australia's foreigner rules
SYDNEY (Feb 16): A loophole in Australian property rules has helped overseas developers invest what industry executives believe were record levels in the country in 2015, casting doubt over the efficacy of curbs intended to keep a lid on soaring prices.
TSR bags RM240 mil condo job
KUALA LUMPUR (Feb 16): TSR Capital Bhd has bagged a RM240 million contract from Putrajaya Homes Sdn Bhd to build two blocks of 19-storey and 18-storey condominiums and two blocks of multilevel car park in Putrajaya.
Mah Sing to buy back its bonds
KUALA LUMPUR (Feb 16): Mah Sing Group Bhd, the country’s second-largest property developer by sales value, is to buy back all of its unconverted secured bonds for RM337.
