Market News
10 Jun
2014
Upgrade plans for a bigger KL Sentral
KUALA LUMPUR: The heavily-utilised KL Sentral transport hub is to be upgraded to serve more passengers, with an elevated “deck” connecting to the National Museum and Lake Gardens among the attractions planned.
09 Jun
2014
PPB unit wins KL Eco City job
PUTRAJAYA Perdana Bhd (PPB), which plans to re-list this year, has won a RM626 million contract to build boutique and strata offices at KL Eco City.
09 Jun
2014
BLand: Prices will continue to rise
BERJAYA Land Bhd (BLand) says the price of properties will continue to rise, given the higher building materials and labour costs.
02 Jun
2014
Greater Kuala Lumpur the ideal South-East Asian base for expats
PETALING JAYA: Greater Kuala Lumpur and Malaysia made a big impression on J Andrew Davison of The Expat Group when it came to taking the entrepreneurial plunge after spending 25 years working in many countries for American Express.
26 May
2014
Jaya Shopping Centre breathes new life into the old supermarket
PETALING JAYA: Jaya Shopping Centre, a redevelopment of the icon that is fondly remembered as Jaya Supermarket, the first shopping complex in Petaling Jaya (PJ) that was built in 1974, will revive family and community lifestyle values that Jaya Shopping Centre enjoyed, bringing back fond memories to the area.
16 May
2014
Upcoming expressways serving people living in Greater KL
MORE and more people now stay on the outskirts of Greater Kuala Lumpur for work or economic reasons.
Among these major satellite cities are Putrajaya, Kajang and Rawang, and in the second part of our series, StarMetro looks at the major east Klang Valley expressways such as the Cheras-Kajang Expressway (LCK), Kajang Dispersal Link Expressway (SILK), Maju Expressway (MEX), some northern ones such as the Kuala Lumpur-Kuala Selangor Expressway (Latar) and Guthrie Corridor.
Part 2 also looks at some proposed highways such as the Damansara-Shah Alam Expressway (Dash), East Klang Valley Expressway (EKVE), as well as the controversial Kinrara-Damansara Skyway (Kidex).
07 May
2014
Parkson to build malls and lease out space
KUALA LUMPUR: Parkson Holdings Bhd will start building malls and leasing out space to get better margins to deal with pressure on its turnover.
07 May
2014
Hektar Reit net income falls
KUALA LUMPUR: Hektar Real Estate Investment Trust (Hektar Reit)’s net profit slipped to RM10.45mil in the first quarter ended March 31 from RM11.06mil a year earlier.
It attributed the lower net income mainly to temporary vacancies at Central Square from the ongoing asset enhancement initiative and rising operating costs.
Its revenue for the quarter rose marginally to RM30.17mil from RM30.07mil a year earlier.
Hektar REIT has declared a first distribution of 2.6 sen per unit.
07 May
2014
Sunway Putra Mall and Sunway Velocity Mall wiill have 10 mini-anchor tenants
PETALING JAYA: Sunway Putra Mall and Sunway Velocity Shopping Mall will not have an anchor departmental store but eight to 10 mini-anchor tenants that will each take up space of between 20,000 and 25,000 sq ft.
02 May
2014
Bandar Sri Damansara's new commercial centre
Residents of Bandar Sri Damansara now have a new commercial centre to look forward to with the launch of Ativo Plaza, located in the up and coming area of Damansara Avenue.