News about l

  KUALA LUMPUR (April 30): New transportation infrastructure such as the mass rapid transit (MRT) and light rail transit (LRT) will enhance the investibility of shophouses, said Savills Malaysia managing director Allan Soo (pictured,below) at The Edge Real Estate Investment Forum 2016 (REIF 2016) today.

KUALA LUMPUR (April 30): Investors should keep an eye on the market as buyers of properties under the Developer Interest Bearing Scheme (DIBS) seek to unload their properties this year, said JLL Property Services (Malaysia) Sdn Bhd country head and managing director YY Lau (pictured).

KUALA LUMPUR (April 30): While property sales has been sluggish in the local property market, Lien Dak Group of Companies is confident that its RM300 million LD Legenda in Kuching, Sarawak will do well.

KUALA LUMPUR (April 29): S P Setia Bhd is purchasing its fifth land in Melbourne, Australia, for A$101 million (RM300.

PETALING JAYA (April 29): Country Gardens Properties (M) Sdn Bhd will be launching the first parcel of phase two of Diamond City township development in Semenyih, Selangor tomorrow, sales and marketing manager, Ye Lang Heng told TheEdgeProperty.

NEW YORK (April 29): Trump International Hotel and Tower® Vancouver residential units have sold at a higher price per square foot (psf) than any other property in Canada, at an average US$1,610 psf.

KELANA JAYA (April 29): The 8th International Conference on World Class Sustainable Cities (WCSC 2016) will be held on Sept 8 with the theme “City Spaces, Public Places”.

KUALA LUMPUR (April 29): Pavilion Real Estate Investment Trust’s (REIT) net property income (NPI) for the first quarter ended March 31, 2016 (1QFY16) stood at RM75.

KUALA LUMPUR (April 29): DPS Resources Bhd’s wholly-owned unit Shantawood Sdn Bhd has inked a joint venture (JV) agreement to complete a mixed development with a gross development value (GDV) of RM166.

KUALA LUMPUR (April 29): Deputy minister of Federal Territories Datuk Dr Loga Bala Mohan (pictured) said work on Plaza Rakyat is expected to commence in June next year, Bernama reported yesterday.