Market News
23 Nov
2015
Historic Lee Rubber Building put up for sale
SITUATED on busy Jalan Tun H S Lee, Lee Rubber Building has stood witness to the changes that have taken place in Kuala Lumpur since 1930. For the past 85 years, the building has served not only as a place of business, but also as a landmark and a popular meeting spot for city folk.
19 Nov
2015
Menara Shell scores another win
MALAYSIAN Resources Corporation Bhd’s (MRCB) Menara Shell project has again bagged a top property award at the Malaysian Property Press Awards 2015 (MPPA 2015), taking the Best Office category, while its 9 Seputeh project won the Best High-rise Condominium.
11 Nov
2015
Helix-like Naza Tower is third building in KLCC’s Platinum Park
"This event is of personal significance to me and my family. Celebrating our 40th anniversary with the completion of Naza Tower brings to light the vision of our founder, the late Tan Sri Nasimuddin Amin," said Naza Group joint group executive chairman SM Nasarudin Nasimuddin.
30 Oct
2015
Titijaya Land and Amona Development in JV to develop government land in Bukit Bintang
PETALING JAYA, (Oct 30): Titijaya Land Berhad is partnering with Amona Development Sdn Bhd to develop a 2.7-acre plot of government-owned land in Bukit Bintang, Kuala Lumpur.
29 Oct
2015
Kuala Lumpur rising
KUALA LUMPUR (Oct 29): Kuala Lumpur has been named one of the world’s top five cities to watch because of its plans for public transport, said international property firm Knight Frank in its Global Cities report. The other cities are Dubai, Bangkok, Nairobi and Moscow.
22 Oct
2015
Govt gives OK for MRT line to link to Serdang and Putrajaya
KUALA LUMPUR: The Mass Rapid Transit will now link from Sungai Buloh to Serdang and onwards to federal government administrative centre of Putrajaya.
13 Oct
2015
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.
13 Oct
2015
Norway fund said to be frontrunner in purchase of Singapore's Asia Square Tower
SINGAPORE (Oct 13): A consortium of Norway’s sovereign wealth fund and Singapore developer CapitaLand Ltd. was chosen as the preferred bidder for a Singapore office tower being sold byBlackRock Inc., people with knowledge of the matter said.
13 Oct
2015
Kuala Lumpur’s Ampang Park Shopping Centre to make way for MRT station
KUALA LUMPUR (Oct 13): Ampang Park Shopping Centre, one of the oldest shopping centres in Kuala Lumpur, will soon be demolished to make way for the Ampang Park Mass Rapid Transit (MRT) Station.
15 Sep
2015
Petronas’ Cititower set to take shape
STATE-controlled oil company Petroliam Nasional Bhd’s wholly-owned subsidiary, KLCC Holdings Sdn Bhd, and its partner Qatari Diar Real Estate Investment Co are understood to have invited interested parties for a pre-screening process for its RM5 billion project in the city centre, dubbed Cititower.