KEDAH (Feb 9): After operating for almost 15 years, BDB Hotels located in Bandar Darulaman, Jitra, Kedah will change its operations from a hotel to serviced apartments when its operating license ends.
PETALING JAYA (May 1): The absorption of commercial-titled residences, mainly serviced apartments and SoHos, is posing a challenge to the market as seen from the significant increase in the number of overhang units of this property type in 2019.
PETALING JAYA (April 30): Luxury serviced apartments in certain locations in the country have seen their market prices reduced by up to 14% amidst rising supply in the market.
PETALING JAYA (April 30): Residential property transactions in the state of Johor saw an uptick in 2019.
PETALING JAYA (April 29): The residential property overhang and unsold residential property situation in the country improved last year (2019).
KUALA LUMPUR (Nov 23): UEM Sunrise Bhd is disposing of one of its properties in Melbourne for A$125 million (RM354.
KUALA LUMPUR (Nov 16): Ikhmas Jaya Group Bhd's wholly-owned unit Ikhmas Jaya Sdn Bhd (IJSB), which had been awarded a contract to undertake earthworks and other works for the construction of seven blocks of serviced apartments, is being sued by the project owner ASM Development (KL) Sdn Bhd, for alleged breach of contract.
KUALA LUMPUR (Nov 14): Construction company GDB Holdings Bhd has bagged a RM20.