PETALING JAYA (May 30): Kuala Lumpur MPs hope to retrieve at least 10 plots of land that are still registered under the name of the Kuala Lumpur City Hall (DBKL) in the 64 parcels of land sold by DBKL under the purview of the former Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor from 2013 to 2018.
IOI Properties Group Bhd (May 21, RM1.
The volume and value of small size, non-landed residential properties have escalated last year as oversupply looms.
KUALA LUMPUR (April 11): MRCB-Quill REIT (MQREIT) is confident of maintaining its performance at a desirable level despite facing oversupply issues in the office space market.
PETALING JAYA (March 31): Property developer See Hoy Chan Sdn Bhd — which owns and manages offices, shopoffices and Starling Mall at its flagship Damansara Uptown — may plan to set up a real estate investment trust (REIT), reported The Edge weekly.
PETALING JAYA (March 28): The authorities, property developers, owners, and other stakeholders in the real estate sector are urged to come up with specific measures to reduce the severe imbalances in the office and shopping complex segments that threaten the rest of the economy, according to the “Financial Stability and Payment Systems Report 2017” published by Bank Negara Malaysia (BNM) today.
PETALING JAYA (March 26): A stronger performing economy has not helped the Kuala Lumpur office property sector as it continues to struggle with an oversupply of new buildings amidst subdued leasing activities, said global consultancy firm Knight Frank.
PETALING JAYA (March 24): Two Grade A office buildings in Putrajaya valued at RM600 million have been put on sale as their owner, a US-based private equity fund, is unable to pay its debt, reported The Edge weekly.
KUALA LUMPUR (March 20): Crest Builder Holdings Bhd said its wholly-owned subsidiary Crest Builder Sdn Bhd has won a contract for construction works in Petaling Jaya worth RM117.
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