PETALING JAYA: Tropicana Corp Bhd intends to focus more on development activities within the Klang Valley this year, where it has more than 1,000 acres of development land, with potential gross development value (GDV) of RM24.5bil.
YNH Property Bhd announced it had signed a memorandum of understanding with Hilton Worldwide Manage Ltd on Feb 4, to manage a hotel to be branded as "Hilton Kuala Lumpur City Center & Residences", to be incorporated in its Menara YNH development along Jalan Sultan Ismail.
KUALA LUMPUR (Feb 5): ICT education services provider Eduspec Holdings Bhd ( Financial Dashboard) is buying two parcels of land for RM14.85 million, to set up its new corporate office.
PETALING JAYA: Plans to develop three new high-rise buildings near the Petronas Twin Towers in the Kuala Lumpur City Centre (KLCC) are speeding up, with tender documents for sub-works to be issued in a few months, according to sources.
Putra Jaya: The World Bank Group office in Kuala Lumpur will serve as a knowledge and research centre. Second Finance Minister, Datuk Seri Ahmad Husni Hanadzlah, said the office, which would be located at Sasana Kijang, would enable Malaysia to share its development experience with other developing countries while benefitting from World Bank's international experience and expertise.
KUALA LUMPUR: CapitaMalls Malaysia Trust (CMMT) is buying the Tropicana City Mall with its office tower for a purchase consideration of RM540mil.
PETALING JAYA: Kuala Lumpur’s central business district has a new distinctive landmark in the form of Menara Hap Seng 2, which is Hap Seng Land Sdn Bhd’s new 30-storey Grade A commercial office.
KUALA LUMPUR (Jan 14): Ivory Properties Group Bhd ( Financial Dashboard)’s wholly-owned subsidiary, Ivory Indah Sdn Bhd, has entered into a sale and purchase agreement with Jesselton Peak Sdn Bhd for the disposal of a 21.78 ha land in Jesselton, Penang, for RM150 million.
KUALA LUMPUR (Dec 29): Tower REIT ( Financial Dashboard) has entered into a sale and purchase agreement (SPA) with Goldstone Kuala Lumpur Sdn Bhd to divest 19 office parcels and 190 car park bays within Menara ING for RM132.34 million cash, a filing to Bursa Malaysia revealed this evening.
PETALING JAYA: The German government is selling the two properties it owns in the heart of Kuala Lumpur for a potential combined worth of RM225mil.