‘Renaissance KL deal likely to be sealed this week’

KUALA LUMPUR (Aug 15): After more than a decade of seeking, property developer cum hotel owner and operator, IGB Corp Bhd, has finally found a buyer for its 910-room Renaissance Kuala Lumpur (pictured), and a sale and purchase agreement for the biggest ever hotel deal is expected to be inked as early as today, sources say.

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EcoWorld to launch Eco Sky's Clarita Tower this Sunday

PETALING JAYA (Aug 11): Eco World Development Group Bhd (EcoWorld) will be launching Clarita Tower, the third and final residential tower of its Eco Sky development in Kuala Lumpur which has a gross development value (GDV) of RM974 million, said the developer in a statement.

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Office markets in KL and Selangor expected to remain subdued

PETALING JAYA (Aug 10): The KL fringe and Selangor office markets are expected to remain subdued while KL city is expected to face downward pressure underpinned by persistent low oil prices, said property consultancy firm Knight Frank Malaysia in its “Real Estate Insights research report for 1H2016”.

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Senja Aman Group awards RM168 mil superstructure contract to Sino Great Wall

PETALING JAYA (Aug 8): Senja Aman Development Sdn Bhd (Senja Aman Group) has awarded a contract worth RM168 million for its superstructure construction of Angsana Teluk Bahang to SGW HP Engineering Construction Sdn Bhd, a subsidiary of Chinese property construction contractor, Sino Great Wall Co Ltd, the developer said in a statement today.

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Outsourcing opportunities to boost office demand?

WITH ample supply of office space and human resource, Malaysia’s capital city of Kuala Lumpur is poised to be one of the more attractive destinations for multinational companies (MNCs) to outsource their operations, says international real estate services firm JLL.

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