Sungei Wang Plaza to remain a laggard for CMMT
CapitaLand Malaysia Mall Trust (Oct 19, RM1.
KL-Singapore high-speed rail draws response from 150 firms to info request
KUALA LUMPUR (Oct 19): A total of 150 companies and consortia have responded to the request for information (RFI) exercise on the multi-billion ringgit Kuala Lumpur-Singapore high-speed rail (HSR) project, whose submission is still open till Nov 18, 2015.
MBAM wishes import duties for heavy construction machinery reduced, normalisation of foreign workers
KUALA LUMPUR (Oct 19): Master Builders Association Malaysia (MBAM) hopes to see a greater reduction in import duties for heavy construction machinery as well as a normalisation of foreign workers under the 6P Programme to Temporary Work Permit (PLKS) status, which can be renewed instead of deporting them back, in this Friday's Budget 2016 announcement.
A real test and the catalysts for Iskandar Malaysia
THE current cautious sentiment and oversupply situation in Iskandar Malaysia are making it tough for developers and investors to unload their properties — it can take months to dispose of a property and even then, it may have to come with a double-digit price cut, according to Chestertons Singapore managing director Donald Han.
Asia Green to build residences overlooking Penang's Pulau Jerejak
KUALA LUMPUR (Oct 17): From its beginnings in plywood production and manufacturing, Penang developer Asia Green Group has become a diversified business entity with a fast-growing property development business.
Penang’s first premium outlet mall to open ahead of schedule
GEORGETOWN (Oct 16): Penang’s first ‘premium outlet’ mall, Design Village Penang, in Batu Kawan, will open a month ahead of schedule in October 2016, according to Savills Malaysia managing director Allan Soo.
Pelaburan Hartanah Berhad to revive plans for former Unilever land in Bangsar, Kuala Lumpur
Pelaburan Hartanah Bhd (PHB) intends to revive its plans for a mixed-use development on the prime parcel in Bangsar, Kuala Lumpur, where Unilever Malaysia’s headquarters and factory had previously been located.
Negeri Sembilan mall, Seremban Prima, up for sale
PETALING JAYA (Sept 22): Seremban Prima (formerly Seremban Parade), a shopping centre on Jalan Dato Bandar Tunggal, Seremban, is up for sale.
Penang takes steps to overcome affordable housing loan hurdle for buyers
GEORGE TOWN (Oct 13): As Putrajaya pledges to continue to consider how it can promote affordable housing in the soon-to-be unveiled Budget 2016, the Penang government has announced new measures to stimulate the property market in the state today.
Parkson Holdings’ proposed sale to Hong Kong-listed unit thwarted
KUALA LUMPUR (Oct 13): Parkson Holdings Bhd’s proposed internal reorganisation exercise, which would have seen some RM641.
