Major office occupiers in Kuala Lumpur City comprise oil & gas (O&G), finance and banking, and flexible space operators; whereas KLF encompasses flexible space operators, information technology (IT) and commerce, BPOs and shared services, as well as insurance and financial institutes.
Quality homes at affordable prices – this has been the cry of the general Malaysian population for years as the gap between median income and median house prices keeps widening.
Following the first phase’s success, Tropicana Corp Bhd introduced Merissa Serviced Suites with 60 beachfront homes in a low-rise serviced suites tower.
In a joint statement with the Malaysian Investment Development Authority (Mida) on Friday, EPMB said that the new facility will unfold in several phases at the HICOM Pegoh Industrial Park in Alor Gajah, Melaka.
The mature electronics company signed the MOA with Echo Asia (Hong Kong) Ltd, an affiliate of Hong Kong-listed Echo International Holdings Group Ltd, and CHEC Construction (M) Sdn Bhd, a wholly-owned subsidiary of China Harbour Engineering Company Ltd.
The disposal will result in UEM Sunrise no longer being the main driver of the development of the commercial zone of Medini, as its shareholding in NLSB will decline to 49% from 55%, while that of IHH will increase to 51% from 45%.
In a filing with Bursa Malaysia on Friday, Glostrext said its indirect wholly-owned subsidiary Glostrext Technology (S) Pte Ltd has accepted the option to purchase a property known as 30 Kaki Bukit Road 3, #02-01 Empire Technocentre, Singapore, which was granted by Singapore-based Uninec Construction Pte Ltd on Oct 13 this year.
In a bourse filing on Friday, EcoFirst said the proposed disposal provides an opportunity for the company to realise the value of these properties, which have appreciated since the project's completion in 2019.
With substantial funds allocated to infrastructure projects, this “is an opportunity for developers to participate in large scale projects with lower risk profile”.
Presenting Knight Frank Malaysia's white key paper titled “ESG by Design: Selangor’s Path To Sustainable Industrial Real Estate”, Frank Malaysia executive director Allan Sim said: “With the launch of Selangor’s Managed Industrial Park (MIP) standard, coupled with green features certification and ESG adoption, MIP developments are expected to attract high-value investment.
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