Epic, CMC, T7 Global sign new MoU on ECRL project, Chinese firm excluded
KUALA LUMPUR (March 15): T7 Global Bhd has entered into a new memorandum of understanding (MoU) with Terengganu state-linked corporation Eastern Pacific Industrial Corp Bhd (Epic) and CMC Engineering Sdn Bhd, a wholly-owned bumiputera company, to form a consortium to undertake the construction of the RM60 billion East Coast Rail Line (ECRL) project’s Terengganu parcel.
Nudie pix in S’pore property listing sparks investigation
PETALING JAYA (March 9): A property listing for a mansionette in Choa Chu Kang, Singapore, featuring a nude shot of a man has prompted the Council for Estate Agencies (CEA) — which regulates the island republic’s real estate industry — to investigate the incident, reported the Straits Times.
Property cooling measures to continue despite less speculative demand, says economist
PETALING JAYA (March 8): Professor of economics at Sunway University Business School Dr Yeah Kim Leng expects real estate cooling measures to continue despite speculative demand evaporating, as affordability is still a concern.
PNB: No concern on office space oversupply
KUALA LUMPUR (March 2): PNB Merdeka Ventures Sdn Bhd CEO Tengku Datuk Ab.
MIEA urges public to deal with registered agents
KUALA LUMPUR (March 2): The Malaysian Institute of Estate Agents (MIEA) has urged the public to use the services of registered real estate agents or negotiators to help develop and strengthen the industry.
Sunway 4Q net profit falls 1.08% to RM183.8m
KUALA LUMPUR (March 1): Sunway Bhd’s fourth quarter net profit fell 1.
Sabah gazettes 24 heritage sites
PETALING JAYA (Feb 23): Sabah’s State Heritage Council has gazetted 24 heritage sites in Sabah — including the Sabah Tourism Board building (formerly the Kota Kinabalu post office) and the Atkinson Clock Tower — as it seeks to preserve the land below the wind’s heritage and culture while tapping into their tourism potential.
MAREC’18 to focus on tackling challenges in the digital age
PETALING JAYA (Feb 23): More than 300 real estate industry players across Malaysia and overseas are expected to attend the upcoming Malaysian Annual Real Estate Convention 2018 (MAREC’18) on March 2 and 3 at Sime Darby Convention Centre, Kuala Lumpur.
AmFIRST REIT appoints Azlan Baqee as new COO
KUALA LUMPUR (Feb 22): Azlan Baqee Abdullah has been appointed as the new chief operating officer (COO) of AmFIRST Real Estate Investment Trust (AmREIT).