KUALA LUMPUR (Oct 29): The Kuala Lumpur City Hall (DBKL) will sell the land on which the Plaza Rakyat project was located to Profit Consortium Sdn Bhd for a consideration of RM740 million, said Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor.
THE slowdown in the real estate market does not seem to have deterred property-related companies from buying more land.
KUALA LUMPUR (Oct 28): Malaysia is the third biggest Asian investor in the real estate market of the UK and Australia, The Star Online reported.
CYBERJAYA (Oct 28): Malaysian Resources Corporation Berhad (MRCB)’s property arm, MRCB Land and Cyberview Sdn Bhd (Cyberview) have signed a 70:30 joint-venture agreement for the development of Cyberjaya City Centre (CCC) today.
KUALA LUMPUR (Oct 28): Royal Selangor Golf Club (RSGC) members and others involved in the sport have given the thumbs down to the government’s plan to turn the club in Jalan Tun Razak, Kuala Lumpur, into a recreational park.
HONG KONG (Oct 28): The Haven Luxury Resort Ipoh in Malaysia snagged the “Luxury Family Hotel” award at the annual World Luxury Hotel Awards 2015 Gala Ceremony in Hong Kong on Oct 24.
KUALA LUMPUR (Oct 28): The century-old Vivekananda Ashram in Brickfields, Kuala Lumpur, will be gazetted as a national heritage site after Putrajaya rejected appeals from the site owner.
KUALA LUMPUR (Oct 28): The long-delayed final stretch of the RM8 billion electrified double-track (EDT) rail between Gemas (in Negeri Sembilan) and Johor Bahru (Johor) — which was supposed to be completed in 2008 — seems to finally be moving forward.
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