Australian served RM98.3m legal demand by Malaysian “political operative” over failed property deals
PETALING JAYA (March 8): A former Australian civil servant has received a letter of demand for over A$20 million (RM60.
Third-tier shopping mall performance may worsen, says REIT manager investment head
PETALING JAYA (March 8): Axis REIT Managers Bhd head of investment Siva Shanker expects the performance of third-tier shopping malls to worsen, with these spaces eventually becoming store rooms for e-commerce businesses, if they do not stay relevant.
Property cooling measures to continue despite less speculative demand, says economist
PETALING JAYA (March 8): Professor of economics at Sunway University Business School Dr Yeah Kim Leng expects real estate cooling measures to continue despite speculative demand evaporating, as affordability is still a concern.
Melaka proposes to rate fire safety standards of commercial buildings
PETALING JAYA (March 8): Melaka housing, local government and environment committee chairman Datuk Wira Ismail Othman has proposed for commercial buildings in the state be given a star-based fire safety rating system, The Star Online reported yesterday.
JLL Malaysia: Fortunes diverge for Greater KL office segments in 2018
KUALA LUMPUR (March 7): The KL central business district (CBD), KL fringe and decentralised areas within the Greater Kuala Lumpur office market are expected to perform differently this year, as various factors drive demand for certain locations more than others, according to JLL Property Services (Malaysia) Sdn Bhd international real estate agent James Short.
MoF confirms buyback of TRX skyscraper from Indonesian firm
KUALA LUMPUR (March 7): The Ministry of Finance (MoF) has taken back control of The Exchange 106 skyscraper at the Tun Razak Exchange (TRX) here, after buying a 51% stake in Mulia Property Development Sdn Bhd, which is developing the 3.
Centennial’s largest office in Southeast Asia to open in Malaysia at end-March
PETALING JAYA (March 7): Singapore-based Centennial Business Suites Ptd Ltd will be opening its second serviced/co-working space at KL Sentral by the end of this month, said its CEO Melvin Lim.
MyHSR to solicit bids for KL-Singapore HSR's final survey consultants
KUALA LUMPUR (March 7): MyHSR Corp Sdn Bhd will solicit bids this Friday (March 9) to appoint final survey consultants (FSC) for the planned Kuala Lumpur-Singapore High Speed Rail (KL-SG HSR) project.
LBS Bina’s ‘smart move’ to rope in NWP
KUALA LUMPUR (March 7): NWP Holdings Bhd’s stock climbed as much as 76.
