KUALA LUMPUR (April 26): Chinese internet giant Tencent Holdings will soon announce the setting up of a data centre — their first in Asean — in Cyberjaya, Malaysia, said Malaysia Tourism Promotion chairman Datuk Dr Siew Ka Wei.
KUALA LUMPUR (April 26): The sluggish local retail market is expected to pick up after the nation’s 14th general election which will be held on May 9, said Malaysia Retailers Association (MRA) president Tan Sri William Cheng.
SINGAPORE (April 25): New York-based co-working operator WeWork announced on April 24 that it will be entering the Indonesian market with the opening of two co-working offices by 3Q2018.
KUALA LUMPUR (April 25): DAP’s Lim Lip Eng (pictured) has claimed that of the 64 lots of land which Kuala Lumpur City Hall (DBKL) sold between 2014 and 2018, only 30 have been used for affordable housing, the Malaysiakini news portal reported today.
KUALA LUMPUR (April 25): Capitaland Malaysia Mall Trust's (CMMT) net property income (NPI) fell 4.
KUALA LUMPUR (April 24): The liberalisation in the permissible list of activities provides alternative growth opportunities to Malaysian Real Estate Investment Trusts (M-REITs) in the areas of acquiring vacant land to undertake property development activities, acquisition of assets with provision of income support and investments through private leases, said the Malaysian REIT Managers Association (MRMA).
KUALA LUMPUR (April 24): Gadang Holdings Bhd expects its current financial year ending May 31, 2018, to end on a weaker note from the previous year, due to what it termed "sluggish market condition" of the property sector.
KUALA LUMPUR (April 24): IGB Real Estate Investment Trust’s net property income (NPI) rose 6.
KUALA LUMPUR (April 21): Landscape plays an important role in enhancing people's lives and wellbeing, but unfortunately it is also often neglected in real estate development, public space and urbanisation.
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