Kuala Lumpur-Singapore HSR ‘wide open’ to all

KUALA LUMPUR (Sept 13): The Kuala Lumpur-Singapore high-speed rail (HSR) project is “wide open” to all and both countries will choose the builder based on merit from a tender expected to be opened in December, said MyHSR Corp Sdn Bhd CEO Mohd Nur Ismal Mohamed Kamal (pic), according to a Bloomberg report.

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KL and Bangkok prime office market rent contract in 2Q2017

PETALING JAYA (Sept 12): Out of the 20 markets tracked by global property consultancy Knight Frank, Kuala Lumpur and Bangkok have experienced rental decline for their prime office market in 2Q2017, according to Knight Frank’s Asia-Pacific Prime Office Rental Index report.

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Hektar REIT banks on turnover lease

KUALA LUMPUR (Sept 11): Turnover rent structure has helped Hektar Real Estate Investment Trust (Hektar REIT) to manage rental pressures amid a weak retail environment coupled with the overbuilding of malls in the Klang Valley.

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