DONE DEAL: 2.5-storey villa at Contours, Melawati

Rented for: RM11,000 Concluded by: Matt Tian (REN 01002) of Reapfield Properties KL Sdn Bhd (016-208 5108) When: April 2016 Noteworthy: • Freehold • Built-up: 5,305 sq ft • Land size: 5,500 sq ft • 5 rooms and 6 bathrooms • Leased for two years • Partially furnished with built-in wardrobes, cabinets with appliances for dry and wet kitchen, curtains, fans and air-conditioners, curtains and lights • Has a swimming pool and a spacious garden According to the negotiator, Matt Tian of Reapfield Properties KL Sdn Bhd, this house is owned by a local investor who is renting it out to an expatriate businessman.

READ MORE

Aset Kayamas obtains RM425m bridging loan from MBSB

KUALA LUMPUR (June 1): Aset Kayamas Sdn Bhd, a privately held property developer, has obtained a RM425 million bridging loan from Malaysia Building Society Bhd (MBSB) for its Park Hill Residence and 1Malaysia Civil Servants Housing (PPA1M) projects in Bukit Jalil here.

READ MORE

UOL to expand Malaysian hospitality portfolio

SINGAPORE-listed property firm UOL Group Ltd, which owns and operates the Parkroyal and Pan Pacific brands, will see its hospitality portfolio in Malaysia grow in the next two to three years as it adds two new hotels and expands an existing hotel asset in Kuala Lumpur.

READ MORE