PROPERTY SNAPSHOT 3: What are developments priced in KLCC?
• Today, we continue our focus on KLCC by looking at average prices on a per square foot (psf) basis.
PROPERTY SNAPSHOT 2: What’s affordable in KLCC?
• KLCC remains the most exclusive address in the country, with prices here reflecting the prestige of living in the heart of the city.
PROPERTY SNAPSHOT 1: KLCC average strata price hits new peak of RM1,167 psf
• This week, the spotlight falls on the secondary market of non-landed residences within the KLCC nucleus.
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.
KLCCPSG’s FY15 core net profit of RM746.1 mil above consensus forecast
KLCC Property Stapled Group (Jan 22, RM7) Maintain hold with a target price of RM7.
MREITs may acquire more assets this year
MALAYSIAN real estate investment trusts (MREITs) may step up acquisitions this year as the rental reversion cycle peaked in 2014, which helps with asset valuations said Malaysian REIT Managers Association chairman Datuk Stewart LaBrooy (pictured).
KLCCP Stapled 3Q’s distributable income slips 2.3%
KUALA LUMPUR (Nov 12): The KLCCP Stapled Group, which comprises KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (KLCC REIT), saw its total distributable income for the third quarter ended Sept 30, 2015 (3QFY15) fall 2.
DONE DEAL: Saville Melawati serviced apartment in Taman Desa Melawati, Kuala Lumpur
Sold for: RM510,000 or RM506 psf Concluded by: Jack Tian of Hartamas Real Estate (OUG) Sdn Bhd (016 434-4681) When: Aug 26 Noteworthy: *1,007 sq ft * Freehold * Serviced apartment * 3 bedrooms, 2 bathrooms * 3.
