Forty investors keen on Bandar Malaysia

KUALA LUMPUR (July 14): Some 40 interested parties, including local government-linked corporations (GLCs) and foreign state-owned investment firms, have submitted proposals to participate in the development of Bandar Malaysia, a property project wholly owned by 1Malaysia Development Bhd (1MDB).

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Sunway REIT stays cautious in tough environment

PETALING JAYA (July 14): Sunway REIT Management Sdn Bhd is adopting a cautious approach for its future acquisitions because of stiffer competition in the office, retail and hospitality property segments, reports The Edge Malaysia in its current issue.

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Asia’s Beverly Hills in Seputeh, Kuala Lumpur?

KUALA LUMPUR (July 11): First-time developer and entertainment connoisseur Datuk Alan Foo had the idea of bringing the concept of “celebrity homes” to the east during a celebrity homes tour in Beverly Hills some 2½ year ago.

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