Sunway Property to enhance presence in Penang with new HQ
PETALING JAYA (Aug 3): Sunway Bhd’s real estate arm Sunway Property is setting up a regional office and sales gallery in the northern state of Malaysia, Penang, which is scheduled for completion in April 2017, the developer said in a statement yesterday.
KLCC Stapled’s distributable income rises 3.8%, pays 8.6 sen distribution
KUALA LUMPUR (Aug 3): KLCC Stapled Group, comprising KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (KLCC REIT), recorded a total realised distributable income of RM167.
Bina Puri’s construction order book stands estimated at RM2 bil
Bina Puri Holdings Bhd (Aug 2, RM0.
Staying ahead during challenging times
THE slowdown in the property market is not news to developers and the public.
OSK Property recycles 10,000 plastic bottles into company uniforms
KUALA LUMPUR (Aug 1): OSK Property Holdings Bhd has teamed up with the Ministry of Energy, Green Technology and Water’s GreenTech Malaysia Alliances Sdn Bhd and Kloth Lifestyle Sdn Bhd to produce its new company uniform using recycled plastic bottles, the developer said in a recent statement.
Keys handed over to Danau Mutiara home owners
PUTRAJAYA (Aug 1): Putra Perdana Development (PPD), a green property developer in Putrajaya, Precinct 16 — known for its development of energy-efficient lakefront bungalows — said in a statement on Saturday that it had completed the handover of units to home owners of its Danau Mutiara development project.
Shoebox units to kick off in Penang?
KUALA LUMPUR (July 27): Escalating housing prices and the changing needs of young buyers have spurred interest in shoebox-sized apartments on Penang island, said Henry Butcher Malaysia (Penang) Sdn Bhd director Jason Teoh.
Reduce rental to attract tenants, says Savills Malaysia
KUALA LUMPUR (July 27): As more office landlords fight over a shrinking pool of tenants, owners will have to reduce rents further to entice prospective occupants, said Savills Malaysia executive chairman Christopher Boyd.
Future malls should incorporate experiential engagement, says Knight Frank Malaysia
PETALING JAYA (July 27): Developers need to change how shopping malls are developed to incorporate experiential engagement with consumers, Knight Frank retail consultancy and leasing associate director Rebecca Phan told TheEdgeProperty.
