News about sa

TAMAN Tun Dr Ismail and Bangsar are two hot freehold addresses in Kuala Lumpur, especially for landed residential property.

THERE were mixed views among real estate experts as to when the property market would rise from its current slumber.

KUALA LUMPUR (May 4): Blackstone Group LP is in negotiations to buy industrial properties owned by Sime Darby Bhd in Australia, according to a report by Bloomberg.

KUALA LUMPUR (May 4): Property developer LBS Bina Group Bhd expects 30% of its overall project sales to be cancelled this year — the same ratio it saw last year — due mostly to buyers failing to obtain loans following cooling measures for the property market that were introduced by the central bank.

KUALA LUMPUR (May 4): Ho Hup Construction Co Bhd has won a RM58 million subcontract to undertake structures and bridge works in Perak, which are part of the West Coast Expressway.

HONG KONG-based Nan Fung Group plans to dispose of several parcels of land in Kuala Lumpur measuring a total of 33 acres for an estimated RM700 million, sources say.

BINA Puri Holdings Bhd, in partnership with Prasarana Malaysia Bhd (formerly known as Syarikat Prasarana Negara Bhd), is likely to win the RM1 billion contract to build the bus rapid transit (BRT) system in Kota Kinabalu, sources say.

MALAYSIA has many malls, especially in the Klang Valley — from mega and strata-titled shopping centres to neighbourhood malls.

KUALA LUMPUR (April 30): About 600 participants kicked off their long weekend by attending The Edge Investment Forum on Real Estate 2016 (REIF 2016) today.

  KUALA LUMPUR (April 30): New transportation infrastructure such as the mass rapid transit (MRT) and light rail transit (LRT) will enhance the investibility of shophouses, said Savills Malaysia managing director Allan Soo (pictured,below) at The Edge Real Estate Investment Forum 2016 (REIF 2016) today.