News about la

•    Flanked mainly by old shop houses, Jalan Ipoh is reminiscent of bygone days.

PETALING JAYA (April 11): Singaporean hotel and serviced residences operator Far East Hospitality (FEH) is upbeat about Malaysia’s tourism industry and is poised to take advantage of an anticipated growth in international tourist arrivals to the country, said CEO Arthur Kiong.

KUALA LUMPUR (April 11): Land & General Bhd (L&G) will introduce a new buyer’s package for its serviced apartment project Astoria Ampang here which will be officially launched this weekend.

Malaysian real estate investment trust (M-REIT) sector Maintain overweight: We currently maintain “overweight” on the sector and continue to prefer retail M-REITs (Pavilion REIT and IGB REIT) over non-retail or diversified M-REITs.

MORE than a decade of experience in corporate sales has stood City Crest Realtors principal Darren Khor in good stead.

•    This week, the spotlight falls on the secondary market of non-landed residences along one of Kuala Lumpur’s oldest arterial roads, Jalan Ipoh.

Concept BEAUTIFUL Château began as a pottery business operating out of a house before widening its business to include furniture.

SOURCE: MM2H THE number of applicants for the Malaysia My Second Home (MM2H) scheme had decreased by almost half last year from the previous year, according to statistics available on the MM2H website.

BANGKOK (April 8): Best Western Hotels & Resorts signed its largest ever multi-hotel agreement with real estate developer AD Houses Co Ltd, which will lead to the opening of four Best Western Plus hotels in Thailand this year.

KUALA LUMPUR (April 8): Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias (pictured), who is also chairman of the Association of Banks Malaysia (ABM), refuted claims that the rejection rate of housing loans has soared above 50% among the banks.