Khalid steps down as Prasarana chairman
KUALA LUMPUR (July 26): Tan Sri Khalid Abu Bakar (pictured) confirmed today that he has resigned as group chairman of Prasarana Malaysia Bhd.
KL city centre's tight leasing market pushing owners to short-term rentals
PETALING JAYA (July 26): As residential property leasing market becomes challenging in the Kuala Lumpur city centre due to oversupply, Knight Frank Malaysia observed more owners turning to short-term leasing for higher yield in 1H18.
11 new malls for you to visit in 2H18
PETALING JAYA (July 26): There are 11 new shopping centres and supporting retail components that are expected to enter the Klang Valley retail market by the second half of this year (2H18), Knight Frank Malaysia said in its “Real Estate Highlights 1st Half of 2018” report launched today.
Property market to pick up soon, says Knight Frank
KUALA LUMPUR (July 26): There are clear signs of improvement in the property market and it is expected to pick up sometime in the second half of this year or the first half of next year, according to real estate consultancy Knight Frank Malaysia.
CapitaLand 2Q NPI down 10.8% y-o-y to RM53.4m, declares 2 sen DPU
KUALA LUMPUR (July 26): CapitaLand Malaysia Mall REIT Management Sdn Bhd (CMRM), the manager of CapitaLand Malaysia Mall Trust (CMMT), announced today that CMMT achieved net property income (NPI) of RM53.
Class ordered closed in Taman Tun over hand, foot and mouth disease
KUALA LUMPUR (July 26): A class at Sekolah Rendah Taman Tun Dr Ismail 2 here was ordered to close today owing to the hand, foot and mouth disease (HFMD).
Enquiries for KL office market pick up, but outlook remains lackluster
PETALING JAYA (July 26): Leasing enquiries from the oil and gas and related sectors as well as multinationals in other service industries exploring the Kuala Lumpur office market have picked up in the first half of 2018 (1H18) as the crude oil price appears to stabilise, according to Knight Frank Malaysia.
AEON Co ordered to pay RM2.42m per month to WCT as rental for mall
KUALA LUMPUR (July 26): AEON Co (M) Bhd (pictured) has been ordered by the High Court to pay RM2.
Mega First’s hydropower project in Laos unaffected by dam collapse
KUALA LUMPUR (July 26): Mega First Corp Bhd said the construction of the Don Sahong Hydropower Project (DSHP) in Laos is unaffected by the Xepian-Xe Nam Noy dam collapse there.
Prasarana chief’s tenure may be cut short — sources
KUALA LUMPUR (July 26): Prasarana Malaysia Bhd president and group chief executive officer (CEO) Masnizam Hisham (pictured) may see her three-year tenure cut short as she is said to be leaving the company amid criticism from lawmakers that it had caused the cost of the light rail transit line 3 (LRT3) project to balloon.
