Industrial property underrated, says expert
KUALA LUMPUR (Nov 16): The industrial sector represents a bright spot in the current Malaysian property market, according to CBRE | WTW managing director Foo Gee Jen.
Sime Darby Property, Mitsui Malaysia and Mitsubishi Estate to develop Bandar Bukit Raja Industrial Gateway
KLANG (Nov 13): Sime Darby Property Bhd has partnered Mitsui & Co Ltd and Mitsubishi Estate Co Ltd to develop Bandar Bukit Raja Industrial Gateway (BBRIG) which will offer land lease and Built-to-Suit (BTS) services to business owners.
Sarawak: Compulsory monthly maintenance charges for strata unit owners
KUCHING (Nov 5): Strata unit owners in Sarawak will have to pay compulsory monthly maintenance charges for common facilities “in and around” their properties.
SC Estate Builder eyes new venture in solar power
KUALA LUMPUR (Nov 1): SC Estate Builder Bhd has entered into a memorandum of understanding (MoU) with Dekad Aliran Sdn Bhd (DASB) for a proposed collaboration in the solar power business under an engineering, procurement, construction and commissioning (EPCC) structure.
Boardroom changes in Majuperak
KUALA LUMPUR (Nov 1): Majuperak Holdings Bhd has appointed Nizran Noordin — a former private secretary to the Perak chief minister — group chief executive officer with effect from tomorrow, in a boardroom reshuffle.
Axis REIT placement shares fixed at RM1.72
KUALA LUMPUR (Nov 1): Axis Real Estate Investment Trust has fixed the issue price for the placement of 160.
Rehda Selangor in favour of lower foreign buyer threshold
PETALING JAYA (Oct 30): The Selangor branch of Real Estate and Housing Developers’ Association (Rehda) is in favour of the state reducing the threshold price for foreigners buying high-rise properties, and is currently in discussions with the state government, according to its chairman Zulkifly Garib.
Mohd Khairudin Abdul Halim leads JPPH, BOVAEP
PETALING JAYA (Oct 30): Mohd Khairudin Abdul Halim has been appointed the director general of valuation and property services of the Department of Valuation and Property Services (JPPH) and the president of the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).
Office glut pushes Tower REIT to innovate
KUALA LUMPUR (Oct 29): Facing a prolonged office glut, Tower Real Estate Investment Trust (REIT) chief executive officer Eusoffe Chua said it cannot rest on its laurels.
Hong Leong’s Tower REIT to reinvent co-working space
KUALA LUMPUR (Oct 29): Filling up office space is not easy for landlords nowadays simply because of oversupply.
