Mammoth Empire divides Empire City Damansara 2 land
PETALING JAYA (March 10): Mammoth Empire Holdings Sdn Bhd (MEH) has decided to divide its 64-acre parcel earmarked for Empire City Damansara 2 (ECD2) along the Damansara-Puchong Highway here into smaller plots to be sold, developed in joint ventures or both, said its group executive director Datuk Danny Cheah.
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.
MIEA urges public to deal with registered agents
KUALA LUMPUR (March 2): The Malaysian Institute of Estate Agents (MIEA) has urged the public to use the services of registered real estate agents or negotiators to help develop and strengthen the industry.
9.5% Acme Holdings stake traded off-market
KUALA LUMPUR (March 1): Plastic parts manufacturing and property development company Acme Holdings Bhd saw 19.
Property market to stay soft on impending GE14, says Selangor Properties
KUALA LUMPUR (Feb 28): Property developer Selangor Properties Bhd (SPB) anticipates the local property market to remain soft this year against the backdrop of the impending 14th general election (GE14), which causes uncertainties in the market.
UEM Sunrise: Raymond Cheah Ho Chee will cease as COO tomorrow
KUALA LUMPUR (Feb 27): UEM Sunrise Bhd said today Raymond Cheah Ho Chee will cease as chief operating officer of the property developer upon the completion of his employment contract tomorrow (Feb 28, 2018).
Sime Darby Property in talks with 1 or 2 partners for Malaysia Vision Valley, says MD
KUALA LUMPUR (Feb 27): Sime Darby Property Bhd (Sime Prop) is currently in talks with one or two partners to develop the Malaysia Vision Valley (MVV).
Sime Darby Property 2Q18 profit slips 5%
KUALA LUMPUR (Feb 27): Sime Darby Property Bhd’s (SimeProp) net profit in the second quarter ended Dec 31, 2017 (2QFY18) has declined by 5.