Low demand to impact businesses
THE Kuala Lumpur office market will remain restrained in the near future despite opportunities for investors, institutional funds and real estate investment trusts.
MRT Corp: Linkways between stations and buildings the responsibility of property owners
PETALING JAYA (Dec 20): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) today explained that the linkways from stations to adjacent privately-owned buildings are supposed to be built by the property owners at their cost and according to their construction schedules This explanation from MRT Corp came about after users of the Sungai Buloh-Kajang (SBK) Line, which commenced operations last Friday (Dec 16), commented that pedestrian linkways were not completed along with the MRT stations.
Phase 1 of Gamuda Land’s Kundang Estates fully sold
PETALING JAYA (Dec 20): Gamuda Land Sdn Bhd, the property arm of Gamuda Bhd, has fully sold out phase 1 of its 90-acre Kundang Estates in Kundang, Selangor during its launch in end-November.
GSH Corp says in talks to sell unnamed asset on SGX query
SINGAPORE (Dec 20): Property developer GSH Corporation, which has seen its share price nearly double over the last two months, is in talks to sell an asset it did not name.
‘IGB, EcoFirst to team up for RM400 mil condo’
KUALA LUMPUR (Dec 20): IGB Corp Bhd, the property firm that made its name developing Mid Valley City, is set to team up with EcoFirst Consolidated Bhd to undertake a RM400 million high-end condominium project in Kuala Lumpur next year, according to sources.
Boustead plans RM333 mil mixed development near Bukit Jalil City
KUALA LUMPUR (Dec 20): Boustead Holdings Bhd is buying multiple pieces of leasehold commercial land measuring a collective 10.
The northern corridor’s only premium outlet mall
THOSE who want to have a fun outing may enjoy some retail therapy at Penang’s Design Village in Bandar Cassia (formerly known as Batu Kawan).
New mall coming up in Kuala Terengganu
THE Klang Valley is facing an oversupply of retail space with more than seven sq ft per capita based on the population of more than seven million.
F3 Capital hands over Selayang18
SELAYANG (Dec 19): F3 Capital Sdn Bhd today announced the completion and handover of its latest mid-end serviced apartment development, Selayang18 in Selayang, Selangor.
Hana Gardens in Jade Hills 85% sold over a weekend
KAJANG (Dec 19): Some 85% of Gamuda Land’s latest launch of two-storey Hana Gardens terraced houses in Jade Hills, Kajang were sold in a soft launch over a weekend.
