Market News
22 Aug
2014
Radius Business Park shop offices, prelaunch take-up of 25%
CYBERJAYA Emkay Group’s subsidiary, MKN Embassy Development Sdn Bhd, developer of the Radius Business Park, saw a prelaunch take-up of 25% for its shop offices. This was revealed at the official launch on Wednesday at Wisma Mustapha Kamal here.
22 Aug
2014
Parkson to dispose of KL Festival City Mall for RM349m
KUALA LUMPUR: Parkson Holdings Bhd is selling KL Festival City Mall for RM349 million in cash, as the group intends to concencrate on developing larger malls to drive the department store group’s expansion plans.
20 Aug
2014
Quill City Mall signs AEON as anchor tenant
KUALA LUMPUR: Quill City Mall, a new shopping mall in Jalan Sultan Ismail that is due for a soft opening later this year has signed on leading general merchandise store-cum-supermarket chain AEON as its anchor tenant.
20 Aug
2014
Shanghai's traditional retail market to mix it up
SHANGHAI: As online shopping businesses are grabbing the market share from the traditional retail market, retail mall operators are mixing up the tenant mix by increasing the proportion of food and beverage (F&B) tenants, reported Knight Frank in the Shanghai Retail Market Report 2Q2014.
13 Aug
2014
Green office productivity
NO, it is not always just about saving the environment. Green buildings with ergonomic office designs also improve your employee’s well-being and productivity.
However, given the novelty of green buildings in Malaysia, the conversation today merely revolves around the environmental footprint of our built environment by using benchmarks such as energy and water usage.
09 Aug
2014
KL-S'pore high speed rail will create slew of new industries
KUALA LUMPUR: The different sectors of the economy must leverage on the high speed rail (HSR) project currently being planned between Kuala Lumpur and Singapore, said MKH Bhd managing director Tan Sri Eddy Chen.
06 Aug
2014
Office space: The way forward through innovative recycling
LAST September, CIMB published a “strategic report” on office space titled “Overbuilding Risks” and one paragraph immediately caught my attention.
31 Jul
2014
Malaysia's economic growth likely to edge upwards in 2014
THE Malaysian economy beat forecasts with its gross domestic product (GDP) growing at 6.2% in the first quarter of 2014 (1Q14), thanks to sustained domestic demand and recovering net exports.
Services and manufacturing sectors contributed to the growth with 6.6% and 6.8% increases year-on-year (y-o-y) respectively.
30 Jul
2014
Greater Kuala Lumpur property outlook bright
PETALING JAYA: In Greater Kuala Lumpur, the residential and commercial property markets are expected to see healthy growth, while the region’s industrial property markets will likely lag behind in terms of new supply this year, says property consultant CBRE Group.
21 Jul
2014
A&W PJ to make way for RM263m office towers
KUALA LUMPUR: KUB Malaysia Bhd, which holds the A&W franchise in Malaysia and Thailand, plans to transform its landmark A&W restaurant in Section 52, Petaling Jaya (PJ) into two office towers with a gross development value (GDV) of RM263 million next year, said its group managing director Datuk Wan Mohd Nor Wan Ahmad.