KUALA LUMPUR (Sept 13): Kuala Lumpur’s office rental market has recorded the steepest decline in the Asia Pacific region in 2Q2018, according to Knight Frank’s Asia-Pacific Prime Office Rental Index for 2Q2018.
KUALA LUMPUR (September 12): Motor insurance and takaful players have welcomed the government’s intention to design a rewarding system to incentivise prudent drivers.
PETALING JAYA (Aug 28): The Malaysian government has stressed that foreigners who wish to reside in Malaysia need to apply for permanent residency through the Malaysia My Second Home (MM2H) program.
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.
PETALING JAYA (July 23): Amid Malaysia’s soft office market, luxury serviced office and co-working space provider Colony Space Asia Sdn Bhd revealed a prototype for its future luxury office suites called Jamestown Suite today.
KUALA LUMPUR (July 12): Datuk Arifin Haji Awang has resigned as an executive director of Penang-based Ivory Properties Group Bhd, due to a health issue.
PETALING JAYA (June 29): Close to half of the Small Office Home Office (Soho) units or 1,430 units of 2,912 units launched in Kuala Lumpur that are under construction, remain unsold in 1Q2018.
PETALING JAYA (June 29): The occupancy rate for purpose-built office buildings in the country dipped slightly in the first quarter of 2018 (1Q2018) to 77.
PETALING JAYA (June 25): The Federal Government has ordered Dewan Bandaraya Kuala Lumpur (DBKL) to suspend meetings with its advisory board indefinitely, reported The Star.
PETALING JAYA (June 14): Dewan Bandaraya Kuala Lumpur (DBKL) will make plans to demolish fugitive Umno leader Datuk Seri Jamal Md Yunos’ restaurant in Kuala Lumpur as soon as it gets the go-ahead from the Federal Territories Land and Mines Office (PTG).
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