KUALA LUMPUR (April 14): AmFIRST Real Estate Investment Trust (AmFIRST REIT) is expected to make its first investment in the north through the acquisition of a retail asset in Seberang Prai, Penang — owned by established multi-format retailer Mydin Mohamed Holdings Bhd — for an estimated RM250 million.
KUALA LUMPUR (April 13): Selangor Dredging Bhd (SDB) is buying three pieces of freehold land in Serdang for RM80 million, which it plans to develop into a low to high-rise residential development.
KUALA LUMPUR (April 13): CapitaLand Ltd’s wholly-owned subsidiary, Ascott Ltd, unveiled a 253-unit serviced residence in Kota Kinabalu, Sabah today.
KUALA LUMPUR: Ewein Bhd, which is developing its first property project valued at RM800 million at Bandar Tanjong Pinang, Penang in a joint venture (JV) with Consortium Zenith BUCG Sdn Bhd (CZBUCG), is looking to bag the next parcel of land the latter will be offering for development there.
SEOUL (April 11): Petaling Jaya (PJ) was awarded the first ever title of Malaysia’s National Earth Hour Capital in the recently concluded WWF’s Earth Hour City Challenge (EHCC).
KUALA LUMPUR (April 10): Selangor Properties Bhd is replenishing its landbank to undertake more residential projects.
KUALA LUMPUR (April 10): The Employees Provident Fund (EPF) is in discussions to divest one or two of its property assets in the UK.
KUALA LUMPUR: Europe property investors, including those in the UK, have turned their attention to the logistics industry for more attractive returns, according to the London-based global real estate service provider Savills plc Spotlight report published in March 2015.
KUALA LUMPUR (April 10): For the third time, Sime Darby Property Bhd launched its Sime Darby Property Lifestyle Collection campaign, which offers packages for residential and commercial property.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
