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Market News

24 Jun 2015 Wisma AmanahRaya sold for RM78mil PETALING JAYA: Amanahraya Real Estate Investment Trust (Amanahraya REIT) is planning to sell Wisma AmanahRaya in Kuala Lumpur for RM78mil to AmanahRaya Bhd’s wholly-owned subsidiary Annex Sentral Sdn Bhd.
18 Jun 2015 Singapore offices expensive as new towers vie for tenants (June 18): Singapore’s office market is expensive compared with Australia and Japan because of a space glut and slowing rental growth, according to Union Investment, Germany’s largest fund manager.
11 Jun 2015 Guocoland’s RM2.5bil Damansara City to begin ops next year KUALA LUMPUR: The RM2.5bil Damansara City (DC), the flagship development of Guocoland (M) Bhd, is set to operate fully by the second quarter of 2016.
10 Jun 2015 New access road at Jln Kerinchi 3 to ease congestion KUALA LUMPUR: The newly opened access road located along Jalan Kerinchi 3 directly opposite Bangsar South which will connect motorists on the Federal Highway (KL bound) to the Sprint highway and the Penchala link will help to ease traffic congestion in the area.
10 Jun 2015 Matrix Concepts targets investors for high-tech industrial parks KUALA LUMPUR (June 10): Property developer Matrix Concepts Holdings Bhd is targeting more investors to set up manufacturing facilities at its Sendayan TechValley (STV) and Sendayan TechPark (STP) high-tech industrial parks in Seremban.
26 May 2015 MRCB planning Brickfields high-rise mixed development KUALA LUMPUR (May 26): Malaysian Resources Corp Bhd (MRCB) is planning a high-rise mixed development on the 1.4ha (3.5 acre) 100 Quarters land in Brickfields here.
21 May 2015 Magna Prima to sell land for RM500mil PETALING JAYA: Magna Prima Bhd is looking to sell three pieces of its prime land by year-end, which should net it some RM500mil cash.
21 May 2015 Magna Prima to sell land for RM500mil PETALING JAYA: Magna Prima Bhd is looking to sell three pieces of its prime land by year-end, which should net it some RM500mil cash.
12 May 2015 Sunway buys PJ land for RM286mil PETALING JAYA: Conglomerate Sunway Bhd is boosting its land bank close to its flagship development Sunway township by buying 17 acres worth RM286mil.
11 May 2015 KWAP agrees to buy TRX land at lower cost compared with Tabung Haji deal PETALING JAYA: Retirement Fund Inc (KWAP) has agreed to buy a parcel of land and building that will be its new headquarters at the Tun Razak Exchange (TRX) at a price that is more than 15% lower than what Lembaga Tabung Haji (LTH) had paid for.